NYSE$CNM

Core & Main Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Core & Main reported Q4 2024 net sales of $1.70B with net income of $67M and diluted EPS of $0.33.

Net sales increased 17.9% to $1.698 billion for the 14-week quarter ended February 2, 2025. Net income was $67 million ($0.33 diluted EPS) as acquisitions and volumes offset softer pricing in some categories.

  • Q4 net sales $1.70B (+17.9% YoY).
  • Gross margin 26.6%; net income $67M.
  • Acquisitions and the extra week boosted comparisons.
  • Water infrastructure demand and integration pace shape 2025 outlook.

Headline financials

Total Revenue

$1.7B

Previous: $1.44B+17.9%
EPS (adj)

$0.33

Previous: $0.34-2.9%
Gross Profit Margin

26.6%

No prior period
SG&A Expenses

$279M

No prior period
Interest Expense

$36M

No prior period
Adjusted EBITDA

$179M

No prior period
Net Income

$67M

Previous: $54M+24.1%
Operating Income

$124M

Previous: $124M+0.0%
Gross Profit

$451M

Previous: $373M+20.9%

Revenue & EPS history

Core & Main · Revenue · Quarterly

$1.7B

Q4 2024+17.9%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Management cites project backlog, infrastructure demand, and capital allocation as key drivers.

Tailwinds

  • Backlog growth supports multi-year construction revenue.
  • Balance-sheet flexibility for dividends and buybacks where applicable.

Headwinds

  • Project timing and weather can shift quarterly revenue.
  • Input costs and labor availability affect project margins.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.2%

Avg return

Earnings day

-1.3%

Avg return

5 days after

+1.3%

Avg return

30 days after

68%

13 / 19 earnings

Positive

+14.4%

Q3 2024

Best reaction

-25.4%

Q2 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027+0.9%-7.6%
Q4 2025+2.5%+6.0%
Q3 2025+2.1%+11.0%+9.1%
Q2 2025-25.4%-26.9%-23.4%
Q1 2025+1.0%+4.9%+11.5%
Q4 2024-0.2%-2.3%+5.6%
Q3 2024+14.4%+11.5%+6.3%
Q2 2024-18.8%-18.1%-8.1%
Q1 2024-11.6%-15.3%-12.8%
Q4 2023+9.5%+14.8%+7.7%
Q3 2023+3.1%+5.4%+8.3%
Q2 2023-5.7%-4.3%-3.9%
Q1 2023+5.8%+2.9%+11.8%
Q4 2022+5.5%+8.3%+22.2%
Q3 2022-3.5%-3.4%+4.2%
Q2 2022+1.0%-5.0%-6.7%
Q1 2022+3.7%-4.3%-2.0%
Q3 2021+7.5%+1.1%-2.8%
Q2 2021+3.7%-3.7%-5.1%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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