Core & Main posts $1.91B Q1 sales, boosts EPS, buys back shares, and expands with 5 new locations.

Core & Main reported $1.91 billion in net sales and a 9.6% rise in diluted EPS to $0.57 for Q1 2026, showing solid growth despite narrowly missing analyst estimates. The company strengthened shareholder value by repurchasing 1.8 million shares for $88 million and expanded its footprint with five new greenfield locations, reinforcing its position in the water infrastructure market. With a strong financial profile including a P/E ratio of 22.34 and a current ratio of 2.31, Core & Main is well-positioned for future growth. Analyst sentiment remains positive, reflecting confidence in the company’s strategic initiatives and market prospects.