Core & Main, Inc. (NYSE:CNM) posted mixed results for the fourth quarter on Tuesday.
The company posted adjusted EPS of 52 cents, beating market estimates of 42 cents. The company’s quarterly sales came in at $1.581 billion, missing expectations of $1.599 billion.
Core & Main said it sees FY2026 sales of $7.800 billion-$7.900 billion, versus estimates of $7.994 billion.
“Fiscal 2025 marked our 16th consecutive year of sales growth, a result that reflects the resilience of our business, the long-term strength of our end markets and the disciplined execution by our teams across the country,” said Mark Witkowski, CEO of Core & Main.
Core & Main shares slipped 0.1% to close at $50.57 on Wednesday.
These analysts made changes to their price targets on Core & Main following earnings announcement.
- Barclays analyst Matthew Bouley maintained Core & Main with an Overweight rating and lowered the price target from $63 to $62.
- Deutsche Bank analyst Collin Verron maintained the stock with a Buy and lowered the price target from $65 to $62.
Considering buying CNM stock? Here’s what analysts think:
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