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Home Business

Core & Main Cuts Outlook on Housing Dip

9 September 2025
in Business
0
Core & Main Cuts Outlook on Housing Dip
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Core & Main (NYSE:CNM) reported weaker-than-expected fiscal Q2 earnings on September 9, 2025, lowering its full-year revenue and EBITDA guidance due to residential market challenges, although municipal demand remains strong. The company anticipates continued growth in public infrastructure investment and benefits from strategic cost initiatives, despite residential sales declining through 2025.

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Tags: AMPcorecutsdipHousingmainOutlook
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