secwatch.observer — SEC 8-K summary
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Issuer:     COMMERCIAL METALS Co (CMC)
CIK:        0000022444
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0000022444-24-000137
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CMC Q4 net earnings $103.9M ($0.90 EPS), down 44% YoY; FY24 EPS $4.14 vs $7.25
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- Net sales $2.0B in Q4, down from $2.2B YoY; full year $7.9B vs $8.8B.
- Consolidated core EBITDA $227.1M in Q4; core EBITDA margin 11.4%.
- Tensar posted its most profitable quarter as a CMC division; Emerging Businesses Group adj. EBITDA margin 21.7%.
- Europe Steel Group improved Q4 adj. EBITDA by $26.5M YoY despite lower volumes and flat metal margins.
- Operating cash flow $351.8M Q4, $899.7M FY; shareholder distributions $261.8M FY, up 48% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/22444/000002244424000137/0000022444-24-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22444/000002244424000137/cmc-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000022444-24-000137

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer