Categories AlphaGraphs, Earnings, Industrials
Infographic: Nucor Corporation (NUE) Q3 2023 earnings and sales decline
Steel manufacturer Nucor Corporation (NYSE: NUE) reported lower sales and net profit for the third quarter of 2023. The company also provided guidance for the fourth quarter.
Third-quarter 2023 net profit declined sharply to $1.14 billion or $4.57 per share from $1.69 billion or $6.50 per share in the corresponding period of last year.
The bottom line was negatively impacted by a 16% fall in net sales to $8.78 billion. Total shipments decreased 2% year-over-year to 5.75 million tons, hurt mainly by an 8% fall in bars shipments.
The company said it expects fourth-quarter 2023 earnings to decrease compared to the third quarter due primarily to lower pricing across all three operating segments, and, to a lesser extent, decreased volumes.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
