A Look Back at Infrastructure Distributors Stocks' Q2 Earnings: Core & Main (NYSE:CNM) Vs The Rest Of The Pack [Yahoo! Finance]
Core & Main, Inc. Class A (CNM)
Company Research
Source: Yahoo! Finance
Focusing on narrow product categories that can lead to economies of scale, infrastructure distributors sell essential goods that often enjoy more predictable revenue streams. For example, the ongoing inspection, maintenance, and replacement of pipes and water pumps are critical to a functioning society, rendering them non-discretionary. Lately, innovation to address trends like water conservation has driven incremental sales. But like the broader industrials sector, infrastructure distributors are also at the whim of economic cycles as external factors like interest rates can greatly impact commercial and residential construction projects that drive demand for infrastructure products. The 4 infrastructure distributors stocks we track reported a slower Q2. As a group, revenues missed analysts' consensus estimates by 1.7%. Stocks, especially growth stocks with cash flows further into the future, had a good end of 2023. On the other hand, this year has seen more volatile stock marke
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CNM
News
- Core & Main (CNM) Stock Moves -0.38%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Core & Main to Announce Fiscal 2024 Third Quarter Results [Yahoo! Finance]Yahoo! Finance
- Core & Main to Announce Fiscal 2024 Third Quarter ResultsBusiness Wire
- 3 Reasons Core & Main Should Be High on Your Watchlist [Yahoo! Finance]Yahoo! Finance
- Is There An Opportunity With Core & Main, Inc.'s (NYSE:CNM) 32% Undervaluation? [Yahoo! Finance]Yahoo! Finance
CNM
Earnings
- 9/4/24 - Miss
CNM
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/4/24 - Form SC
- CNM's page on the SEC website