Operator
Good morning, and welcome to the Commercial Metals Company Fiscal 2026 Fourth Quarter Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Andy Larkin, Vice President of Investor Relations. Please go ahead.
Andy Larkin
Vice President of Investor Relations
Hello, and welcome to the Commercial Metals Company Fiscal 2026 Fourth Quarter and Year-End Earnings Call. Joining me on today’s call are Peter Matt, CMC’s President and Chief Executive Officer; and Paul Lawrence, Senior Vice President and Chief Financial Officer.
Today’s materials include the press release and supplemental slides that accompany this call, which can be found on the CMC’s Investor Relations website. As a reminder, today’s call is being recorded. Peter will begin our prepared remarks with a high-level overview of the year and fourth quarter and comment on the progress against our strategic objectives. Paul will then provide a detailed discussion of our quarterly results as well as capital allocation. Peter will wrap up with our view on the path ahead. We will then provide instructions for the question-and-answer session to follow.
Today’s discussion contains forward-looking statements, including with respect to economic conditions, effective legislation and trade actions, U.S. steel import levels, construction activity, demand for finished




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