Cover and table of contents

6K characters. Original on sec.gov · Markdown

Cover and table of contents

Table of Contents

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended September 28, 2024

OR

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to .

Commission File Number: 1-4119

NUCOR CORPORATION

(Exact name of registrant as specified in its charter)

Delaware13-1860817
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
1915 Rexford Road, Charlotte, North Carolina28211
(Address of principal executive offices)(Zip Code)

(704) 366-7000

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Stock, par value $0.40 per shareNUENew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ☐ No ☒

234,812,916 shares of the registrant’s common stock were outstanding at September 28, 2024.

Table of Contents

Nucor Corporation

Quarterly Report on Form 10-Q

For the Three Months and Nine Months Ended September 28, 2024

Table of Contents

Page
Part IFinancial Information
Item 1Financial Statements (Unaudited)
Condensed Consolidated Statements of Earnings – Three Months (13 Weeks) and Nine Months (39 Weeks) Ended September 28, 2024 and September 30, 20231
Condensed Consolidated Statements of Comprehensive Income – Three Months (13 Weeks) and Nine Months (39 Weeks) Ended September 28, 2024 and September 30, 20232
Condensed Consolidated Balance Sheets – September 28, 2024 and December 31, 20233
Condensed Consolidated Statements of Cash Flows – Nine Months (39 Weeks) Ended September 28, 2024 and September 30, 20234
Notes to Condensed Consolidated Financial Statements5
Item 2Management’s Discussion and Analysis of Financial Condition and Results of Operations17
Item 3Quantitative and Qualitative Disclosures About Market Risk25
Item 4Controls and Procedures27
Part IIOther Information
Item 1Legal Proceedings28
Item 1ARisk Factors28
Item 2Unregistered Sales of Equity Securities and Use of Proceeds29
Item 5Other Information29
Item 6Exhibits30
Signatures31

i

Table of Contents

PART I. FINANCI****AL INFORMATION

Next: Item 1. Financial Statements