Core & Main Announces Fiscal 2026 Second Quarter Results
Core & Main reported Q2 sales of $2,145M (+2.5%) and adjusted EBITDA of $274M (+3.0%), executing $270M in share repurchases. Data center and infrastructure growth reflects robust capex demand; acquisition pipeline momentum indicates sector consolidation.
Core & Main beat Q2 earnings and sales estimates, reaffirmed FY2026 sales guidance, while analysts cut price targets.