Core & Main Inc. recently held its Q1 2025 Earnings Call, led by Director of Investor Relations Glenn Floyd. The call featured presentations from CEO Mark Witkowski and CFO Robyn Bradbury, who provided insights into the company's financial performance and strategic outlook. Core & Main reported strong first-quarter net sales of $1.9 billion and highlighted an adjusted EBITDA reflecting resilient demand and market growth. During the call, the CEO emphasized the company's ongoing success, stating, "We delivered another quarter of record performance driven by resilient demand above market growth, stable pricing, and sequential gross margin expansion." The discussion also underscored Core & Main's strategic positioning to capitalize on the long-term drivers of water infrastructure investment, citing factors such as aging systems, population growth, and regulatory demands. The management attributed their success to local relationships, diverse offerings, and investments in talent and capabilities, which continue to drive market share gains. The call concluded with gratitude towards the company's associates for their exceptional service. The full transcript can be accessed through the link below.
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