Core & Main Stock Falls as Infrastructure Firm Warns About Market Conditions
1. Core & Main predicts flat market conditions due to tariffs and uncertainty. 2. Company faces softness in the housing market affecting demand. 3. Q1 revenue rose 10% to $1.91 billion but EPS missed estimates. 4. CFO indicates a weaker second half, citing economic pressures. 5. Despite a recent decline, CNM shares have increased 14% year-to-date.