Commercial Metals Company reported earnings results for the first quarter ended November 30, 2023. For the first quarter, the company reported sales was USD 2,003.05 million compared to USD 2,227.31 million a year ago. Net income was USD 176.27 million compared to USD 261.77 million a year ago.

Basic earnings per share from continuing operations was USD 1.51 compared to USD 2.23 a year ago. Diluted earnings per share from continuing operations was USD 1.49 compared to USD 2.2 a year ago.