---
schema_version: "secwatch.filing_event.v1"
accession: "0000022444-24-000012"
form_type: "8-K"
ticker: "CMC"
cik: "0000022444"
company_name: "COMMERCIAL METALS Co"
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:40:15.264241+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CMC Q1 FY2024 earnings down 33% YoY; EPS $1.49 vs $2.20

## Summary
- Net earnings $176.3M ($1.49 diluted EPS) vs $261.8M ($2.20) in prior year Q1.
- Net sales $2.0B, down ~9% YoY from $2.2B.
- Adjusted earnings $192.7M ($1.63 diluted EPS); excludes $16.4M Arizona 2 micro mill charge.
- Core EBITDA $325.3M (16.2% margin); operating cash flow $261.1M, free cash flow $194.1M.
- North America finished steel volumes +1.1% YoY; Arizona 2 ramping, Steel West Virginia construction underway.

## SEC filing metadata
- accession: 0000022444-24-000012
- form_type: 8-K
- ticker: CMC
- cik: 0000022444
- company_name: COMMERCIAL METALS Co
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/22444/000002244424000012/0000022444-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22444/000002244424000012/cmc-20240108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000022444-24-000012
- JSON: https://secwatch.observer/filing/0000022444-24-000012.json
- Plain text: https://secwatch.observer/filing/0000022444-24-000012.txt

## Key facts
- Earnings Releases
  COMMERCIAL METALS Co reported first quarter of fiscal 2024 results: revenue $2.0 billion, net income $176.3 million, EPS $1.49 per diluted share.
  - Period: first quarter of fiscal 2024
  - Revenue: $2.0 billion
  - Net income: $176.3 million
  - EPS: $1.49 per diluted share
  - Result: reported results
  source text: Net earnings were $176.3 million, or $1.49 per diluted share, on net sales of $2.0 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/22444/000002244424000012/0000022444-24-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.