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Core & Main's Fiscal Q4 Earnings, Sales Rise; Issues Fiscal 2024 Outlook; Shares Advance Pre-Bell
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Core & Main's Fiscal Q4 Earnings, Sales Rise; Issues Fiscal 2024 Outlook; Shares Advance Pre-Bell
Mar 19, 2024 5:26 AM

07:53 AM EDT, 03/19/2024 (MT Newswires) -- Core & Main ( CNM ) reported fiscal Q4 earnings Tuesday of $0.34 per diluted share, up from $0.31 a year earlier.

Four analysts polled by Capital IQ expected $0.35.

Net sales for the fiscal quarter ended Jan. 28 were $1.44 billion, up from $1.37 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.43 billion.

For fiscal 2024, the company said it expects net sales of between $7.4 billion and $7.6 billion. Analysts polled by Capital IQ expect $7.01 billion.

Shares of the company were up 1.7% in recent pre-bell activity on Tuesday.

Price: 51.55, Change: +0.86, Percent Change: +1.7

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