Core & Main (CNM) reported fiscal Q1 adjusted earnings Wednesday of $0.72 per diluted share, up from $0.68 a year earlier.

Analysts polled by FactSet expected $0.64.

Net sales for the quarter ended May 3 were $1.91 billion, unchanged from a year earlier.

Analysts expected $1.89 billion.

For fiscal 2026, the company continues to expect net sales of $7.80 billion to $7.90 billion. Analysts expect $7.85 billion.

Core & Main shares were down 1.7% in premarket activity.