
Core & Main Drives 11% Sales Growth with $769M Acquisitions
Core & Main, Inc.Description
What this story covers
Core & Main's fiscal 2024 10-K shows 11% net sales rise to $7.4B, fueled by acquisitions and organic growth in storm drainage and metering. Adjusted EBITDA up 2% to $930M despite margin pressure. Debt increased to $2.28B for expansion, with strong liquidity. Strategy targets infrastructure via buys and new products in fragmented $39B market. Risks include economic cycles and funding delays.
Story snapshot
CompanyCore & Main, Inc.
TickerCNM
VariantStandard detailed
Duration12:38
Filing type10-K
PeriodAnnual 2024
IndustryIndustrials & Manufacturing
Accession0001856525-25-000081
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