{"id":800758,"date":"2022-06-15T07:00:59","date_gmt":"2022-06-15T05:00:59","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/core-main-announces-record-fiscal-2022-first-quarter-results\/"},"modified":"2023-07-10T17:32:18","modified_gmt":"2023-07-10T15:32:18","slug":"core-main-announces-record-fiscal-2022-first-quarter-results","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/core-main-announces-record-fiscal-2022-first-quarter-results\/","title":{"rendered":"Core &amp; Main Announces Record Fiscal 2022 First Quarter Results"},"content":{"rendered":"ST. LOUIS--(BUSINESS WIRE)--Core &amp; Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced financial results for the first fiscal quarter ended May 1, 2022.\n\n\n\nFiscal 2022 First Quarter Highlights (Compared with Fiscal 2021 First Quarter)\n\nNet sales increased 52% to $1,598 million\nGross profit margin increased 200 basis points to 26.3%\nNet income increased to $137 million from $27 million\nAdjusted EBITDA (Non-GAAP) increased 101% to $219 million\nAdjusted EBITDA margin (Non-GAAP) increased 340 basis points to 13.7%\nNet Debt Leverage (Non-GAAP) decreased to 2.2x as of May 1, 2022 compared with 2.5x as of January 30, 2022\nActive in M&<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>ST. LOUIS&#8211;(BUSINESS WIRE)&#8211;Core &amp; Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced financial results for the first fiscal quarter ended May 1, 2022. Fiscal 2022 First Quarter Highlights (Compared with Fiscal 2021 First Quarter) Net sales increased 52% to $1,598 million [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-800758","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Core &amp; Main Announces Record Fiscal 2022 First Quarter Results - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/core-main-announces-record-fiscal-2022-first-quarter-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Core &amp; Main Announces Record Fiscal 2022 First Quarter Results - BeBeez\" \/>\n<meta property=\"og:description\" content=\"ST. LOUIS--(BUSINESS WIRE)--Core &amp; Main, Inc. (NYSE: CNM), a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, today announced financial results for the first fiscal quarter ended May 1, 2022. 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