Commercial Metals Company (NYSE:CMC) Q1 2023 Earnings Conference Call January 9, 2023 11:00 AM ET
Company Participants
Barbara Smith - Chairman, President and Chief Executive Officer
Paul Lawrence - Senior Vice President and Chief Financial Officer
Conference Call Participants
Emily Chieng - Goldman Sachs Group, Inc.
Timna Tanners - Wolfe Research, LLC
Lawson Winder - Bank of America Merrill Lynch
Philip Gibbs - KeyBanc Capital Markets Inc.
Tristan Gresser - BNP Paribas Exane
Operator
Hello, and welcome, everyone, to the First Quarter Fiscal 2023 Earnings Call for Commercial Metals Company. Today's material, including the press release and supplemental slides that accompany this call can be found on the CMC Investor Relations website. Today's call is being recorded. And after the Company's remarks, we will have a question-and-answer session and we will have a few instructions at that time.
I would like to remind all participants that during the course of this conference call that the Company may make statements that provide information other than historical information that will include expectations regarding the economic conditions, effects of legislation, U.S. steel import levels, U.S. construction activity, demand for finished steel products, the expected capabilities and benefits of new facilities, the Company's future operations, the time line for execution of the Company's growth plan, the Company's future results of operations, financial measures and capital spending.
These and other similar statements are considered forward-looking and may involve certain assumptions and speculation and are subject to risks and uncertainties that could cause actual results to differ materially from these expectations. These statements reflect the Company's beliefs based on the current conditions that are subject to certain risks and uncertainties, including those that are described in the risk factors and forward-looking statements section of the Company's latest filings with the Securities and Exchange Commission, including the Company's annual report on Form 10-K.
Although, these statements are based on management's current expectations and beliefs, CMC offers no assurance that these expectations or beliefs will prove to be correct, and actual results may vary materially. All statements made only of this date, except as required by law. CMC does not assume any obligation to update, amend or clarify these statements in connection with future events, changes in assumptions, the occurrence of anticipated or unanticipated events, new information or circumstances or otherwise.
Some numbers presented will be non-GAAP financial measures and reconciliations for such numbers can be found in the Company's earnings release, supplemental slides, presentation or on the Company's website. Unless otherwise stated, all references made to the year or quarter end are references to the Company's fiscal year or fiscal quarter.