secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0000022444-23-000074
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMC Q3 FY2023 net earnings $234M ($1.98/diluted); core EBITDA $391.7M
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- Net sales of $2.3B vs $2.5B a year ago; adjusted EPS of $2.02 vs $2.61.
- Core EBITDA $391.7M, up 29% sequentially; North America adjusted EBITDA grew YoY.
- North America new project bid volumes up double-digit % vs prior year; downstream backlog near all-time highs.
- Operational startup of Arizona 2 micro mill underway; commissioning charge of $5.8M after-tax.
- Net earnings up 30% from Q2; company cites strong business activity and cost improvements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000002244423000074/0000022444-23-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000002244423000074/cmc-20230622.htm
  HTML page:      https://secwatch.observer/filing/0000022444-23-000074

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