CMC's profits soar in fiscal third quarter

Commercial Metals Co.

Third quarter ended May 31	2026	2025	% Change
Net sales	$2,483	$2,020	22.9%
Net earnings (loss)	$173	$83.1	108.1%
Per diluted share	$1.55	$0.83	86.7%
Nine months ended May 31
Net sales	$6,735.6	$5,684.0	18.5%
Net earnings (loss)	$443.3	$(67.1)	760.5%
Per diluted share	$3.96	$(0.59)	771.2%

(in millions of dollars except per share)

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.