US Stocks Mixed; Core & Main Posts Downbeat Earnings
1. Core & Main Inc. (CNM) reported weak Q4 earnings below expectations. 2. CNM's earnings were 33 cents, missing consensus of 36 cents. 3. Net sales grew by 17.9% year-over-year, hitting $1.69 billion. 4. CFO will become new CEO; finance SVP will be the new CFO. 5. Mixed trading observed in U.S. stock markets this morning.