Core & Main FY26 Q2 net income climbs 6.4% to $150 million; net sales rise 2.5% to $2.15 billion

• Core & Main posted fiscal 2026 Q2 net sales up 2.5% to $2.15 billion versus the prior-year quarter.
• GAAP net income climbed 6.4% to $150 million; diluted EPS rose 10% to $0.77.
• Non-GAAP adjusted EBITDA increased 3% to $274 million, with a 12.8% margin.
• Repurchased 3,700,000 shares for $169 million in the quarter; bought 300,000 more for $11 million after quarter-end.
• Reaffirmed fiscal 2026 outlook for net sales of $7.8 billion-$7.9 billion, adjusted EBITDA of $950 million-$980 million.

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