Core & Main Announces Preliminary Third-Quarter Fiscal 2026 Results, Updated Fiscal 2026 Outlook, Multiple Acquisitions and Record Share Repurchases
Business Wire•10/11/2026•16:15 ET
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Key Highlights
- ➤Q3 net sales $2.12B-$2.13B, versus $2.062B a year earlier
- ➤Q3 net income $128M-$140M, versus $143M a year earlier
- ➤Fiscal 2026 Adjusted EBITDA outlook $950M-$960M, narrowed from $950M-$980M
- ➤Fiscal 2026 net sales outlook maintained at $7.8B-$7.9B
- ➤Three acquisitions add over $250M in combined annual revenue
- ➤Record Q3 share repurchases reached $171M; $240M remains authorized
Expert Statements
Mark Witkowski, Chief Executive Officer of Core & Main
“We continue to execute our strategy across multiple avenues for growth, strengthening our platform through acquisitions in storm drainage, fusible HDPE and smart utility solutions and completing another record quarter of open market share repurchases”
Mark Witkowski, Chief Executive Officer of Core & Main
“We also continue to invest organically in our business, opening a record eight greenfield locations year to date. We remain confident in our strategy and focused on the opportunities ahead as we continue to position Core & Main for long-term growth and value creation.”
Core & Main Announces Preliminary Third-Quarter Fiscal 2026 Results, Updated Fiscal 2026 Outlook, Multiple Acquisitions and Record Share Repurchases
* Preliminary third quarter net sales of $2.12 billion to $2.13 billion, net income of $128 million to $140 million and Adjusted EBITDA (Non-GAAP) of $267 million to $275 million
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