CMC Q4 net earnings $184.2M ($1.56 diluted EPS) on $2.2B sales; FY EPS $7.25

COMMERCIAL METALS Co

2023-FY EPS reported $7.25 revenue$8,799,533,000

Q4 net earnings $184.2M vs $288.6M a year ago; adjusted EPS $1.69 vs $2.45.
Full-year net sales $8.8B (down from $8.9B); net earnings $859.8M ($7.25/diluted share).
Core EBITDA $1.5B, down modestly from record FY 2022; record operating cash flow $1.3B.
North America adjusted EBITDA improved; downstream new project bid volumes grew double-digits YoY.
Arizona 2 micro mill production started; record quarterly Tensar earnings; EDSCO Fasteners acquired.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

COMMERCIAL METALS Co reported financial results for the fourth quarter and the fiscal year ended August 31, 2023.

Period: the fourth quarter and the fiscal year ended August 31, 2023
Result: reported results

Exact text from the filing

On October 12, 2023, Commercial Metals Company (the “Company”) issued a press release announcing its financial results for the fourth quarter and the fiscal year ended August 31, 2023. A copy of the press release is attached hereto as Exhibit 99.1.

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Source: SEC EDGAR

accession 0000022444-23-000120

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