Core & Main: Mixed Signals in Waterworks Earnings

Core & Main's Q2 earnings reveal a mixed bag: revenue up 6.6% but shy of expectations, while profit per share beats estimates. Despite strong municipal project growth, a weak residential market and rising costs force a lowered full-year revenue forecast. The company is now focused on cost-saving measures and strategic acquisitions to navigate challenges and capitalize on long-term infrastructure opportunities. Hosted on Acast. See acast.com/privacy for more information.