Core & Main, Inc. (CNM) — Annual Report

Key Insights

• Core & Main, Inc. (CNM) reported strong revenue growth of 15% year-over-year, indicating continued demand for its water infrastructure products and services.
• Gross margins improved by 100 basis points, reflecting the company's ability to effectively manage costs and pricing despite supply chain challenges.
• The company provided a positive outlook for the upcoming fiscal year, guiding for mid-to-high single digit revenue growth and margin expansion, suggesting a continued favorable business environment.