IRVING, Texas, June 27, 2013 /PRNewswire/ -- Commercial Metals Company (CMC) today announced financial results for its third quarter ended May 31, 2013. Net earnings for the third quarter were $19.0 million, or $0.16 per diluted share, on net sales of $1.8 billion. This compares to net earnings of $40.7 million, or $0.35 per diluted share, on net sales of $2.0 billion for the three months ended May 31, 2012. Continuing operations for this year's third quarter included after-tax LIFO income of $10.7 million ($0.09 per diluted share), compared with after-tax LIFO expense of $3.0 million ($0.03 per diluted share) for the third quarter of fiscal 2012. In addition, the quarter ended May 31, 2012...
↧