secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2024-01-08T23:59:59+00:00
Accession:  0000022444-24-000012
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000002244424000012/0000022444-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000002244424000012/cmc-20240108.htm
  HTML page:      https://secwatch.observer/filing/0000022444-24-000012

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