Core & Main Q4 EPS Beats but Revenue Guidance Misses $7.93B Forecast
Core & Main posted Q4 adjusted EPS of $0.52, beating estimates by $0.19, while revenue fell 6.9% YoY to $1.58 billion, missing forecasts and prompting a 6.2% premarket share drop. It guided fiscal 2026 revenue at $7.80–7.90 billion, with a $7.85 billion midpoint below analysts’ $7.93 billion consensus.
1. Q4 Earnings Performance
Core & Main reported adjusted EPS of $0.52 in Q4, surpassing the $0.33 analyst estimate, while revenue declined 6.9% to $1.58 billion from $1.70 billion a year earlier, reflecting the absence of an extra selling week. Shares fell 6.2% premarket following the results.
2. Fiscal 2026 Guidance
The company projects fiscal 2026 revenue between $7.80 billion and $7.90 billion, with a $7.85 billion midpoint below the $7.93 billion consensus, and expects adjusted EBITDA of $950 million to $980 million, implying a 12.2%–12.4% margin and operating cash flow at 60%–70% of EBITDA.
3. Margin and Profit Trends
Gross profit margin improved by 50 basis points to 27.1% driven by pricing discipline and cost initiatives, while net income climbed 9.0% to $73 million and diluted EPS increased 12.1% to $0.37, supported by a 0.9% rise in average daily net sales.