AMZNprintsminutestrendsdividendsdrawdownsP/E 28.4macronarrativesvolatilitybuybackssentiment+0.8%marginsMSFTPMI 52.1momentumdividendsflowsPMI 52.1digeststhreadsvolatilityearnings callsvolumesβ 1.24breakoutsnewsflow2s10sliquidityheadlines−1.2%breakoutsnoiseGOOGLbuybacksrevisionstrendsPMI 52.1briefstickersnoiseGDPsentimentchattertranscriptsGOOGLsentimentvolatilitybuybacksMSFTwhispersMETAsessionsyield curves13FfuturesdowngradesPMI 52.1headlinesthe tapeflowsdowngradesfutures+0.8%earnings callstranscriptsclosesgammacatalystsrevisionsvolatilitysentimentchatter+2.41%earnings callssentimentfilingstrends10y 4.21%cyclesbuybackswiresspx 0dtewhisperstickersQ3trendsnewsflowearnings callsWTI 78.2sentimentnoisethreadsrumorsnarrativesFOMCconsensusestimatesmomentumYoY +18%tickersmomentumprintsβ 1.24revisions

momentumheadlines52w hipositioning2s10sfilingstrendsprintstrendsmacrocyclesnoise2s10smacroQ3narrativesheadlinesflowscyclesnarrativesspreadstranscriptsdowngradesupgradeswhisperswhispersminutesthe tapeNDXfuturesminutesyield curves52w hithe tapeFOMCcatalystsbriefsthe tapeNVDAguidancetrends52w hidrawdowns2s10swhispersmomentumdrawdownsbuybacks

PCEliquiditysentimentbreakoutsdowngradesP/E 28.4threadsAAPLSPXvolatilityNDXflowscyclesliquidityestimatesEPS 4.12

CNM · NYSE · Industrial - Distribution

Core & Main (CNM)

Supplies water, drainage, fire-protection and metering products through local branches.

$43.09

vs last close+0.07 (+0.17%)

In millions of USD, except per-share figures

In millions	Q3 FY23Oct 2023	Q4 FY23Jan 2024	Q1 FY24Apr 2024	Q2 FY24Jul 2024	Q3 FY24Oct 2024	Q4 FY24Feb 2025	Q1 FY25May 2025	Q2 FY25Aug 2025	Q3 FY25Nov 2025	Q4 FY25Feb 2026	Q1 FY26May 2026	Q2 FY26Aug 2026
Revenue	1,827	1,440	1,741	1,964	2,038	1,698	1,911	2,093	2,062	1,581	1,910	2,145
Cost of revenue	1,333	1,056	1,273	1,446	1,495	1,247	1,401	1,533	1,501	1,153	1,390	1,572
Gross profit	494	384	468	518	543	451	510	560	561	428	520	573
	277	268	300	314	320	327	339	347	341	310	343	346
Selling, general & administrative	240	230	257	268	274	279	293	302	295	264	299	301
Other expenses	37	38	43	46	46	48	46	45	46	46	44	45
Operating income	217	116	168	204	223	124	171	213	220	118	177	227
	−20	−22	−34	−36	−36	−36	−30	−31	−30	−24	−27	−34
Interest expense	20	22	34	36	36	36	30	31	30	34	27	35
Other non-operating income	11	0	0	0	0	0	0	0	0	0	−27	0
Income before tax	197	94	134	168	187	88	141	182	190	94	150	193
Income tax expense	39	18	33	42	47	21	36	41	47	21	37	43
Net income from continuing operations	158	76	101	126	140	67	105	141	143	73	113	150
Net income	112	63	95	119	133	64	100	134	137	70	108	144
EPS, basic	$0.85	$0.39	$0.52	$0.62	$0.71	$0.35	$0.55	$0.71	$0.72	$0.38	$0.57	$0.77
EPS, diluted	$0.65	$0.33	$0.49	$0.59	$0.69	$0.34	$0.52	$0.70	$0.72	$0.36	$0.57	$0.77
Weighted average shares, basic	171	181	192	193	194	190	190	191	190	190	188	187
Weighted average shares, diluted	225	214	203	203	201	199	199	198	198	198	196	193
EBITDA	244	156	213	253	272	174	219	261	268	164	251	272
Depreciation & amortization	38	40	46	49	49	50	48	48	48	46	47	45
EBIT	206	116	168	204	223	124	171	213	220	118	204	227