CMC realigns segment reporting into three groups effective Q1 FY2024

COMMERCIAL METALS Co

New segments: North America Steel Group, Europe Steel Group, Emerging Businesses Group (non-steel solutions).
Emerging Businesses includes Tensar, Geopier, CMC Construction Services, Performance Reinforcing Steel, Anchoring Systems, Impact Metals.
Recast unaudited financials for FY2022 and FY2023 provided; no impact on consolidated results.
CEO cites evolution of solutions offerings and growing importance of non-steel to future outlook.

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