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24.09.25 - 22:21
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Worthington Steel Reports First Quarter Fiscal 2026 Results (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2026 first quarter ended August 31, 2025.
First Quarter Highlights (all comparisons to the first quarter of fiscal 2025):
Net sales of $872.9 million increased 5% compared to $834.0 million.
Operating income of $48.3 million compared to $43.4 million.
Net earnings attributable to Worthington Steel of $36.8 million compared to $28.4 million.
Net earnings per diluted share attributable to Worthington Steel shareholders of $0.72 compared to $0.56; adjusted net earnings per diluted share attributable to Worthington Steel shareholders of $0.77 compared to $0.56.
Adjusted EBIT of $54.9 million compared to $39.4 million.
Declared a quarterly dividend of $0.16 per share payable on December 26, 2025, to shareholders of record at the close of business on December 12, 2025.
On June 3, 2025, the Company, through its wholly owned subsidiary Tempel...
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24.09.25 - 19:21
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Worthington Steel Declares Quarterly Dividend (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on December 26, 2025, to shareholders of record at the close of business on December 12, 2025.
Worthington Steel will host a conference call to discuss its fiscal 2026 first quarter results at 8:30 a.m. ET on Thursday, September 25, 2025. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year.
Live Conference Call Schedule
Date:
Thursday, September 25, 2025
Start Time:
8:30 a.m. ET
Conference ID:
5714141
Toll-Free Dial-In Number:
888.510.2553
To automatically receive Worthington Steel financial news by email, please visit https://ir.worthingtonsteel.com and subscribe to email alerts.
About Worthington Steel
Worthington Steel (NYSE:WS) is a metals processor that partners with customers to de...
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11.09.25 - 22:33
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Worthington Steel to Webcast Discussion of First Quarter 2026 Results on September 25 (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that it will report the results for its fiscal first quarter after the market closes on Wednesday, Sept. 24, 2025. The Company will host a conference call to discuss its fiscal first quarter results at 8:30 a.m. ET on Thursday, Sept. 25, 2025. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year.
Live Conference Call Schedule
Date:
Thursday, Sept. 25, 2025
Start Time:
8:30 a.m. ET
Conference ID:
5714141
Toll-Free Dial-In Number:
888.510.2553
About Worthington Steel
Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel's expertise in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions are driving steel toward a more sustainable future.
As one of the most trusted metals proces...
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25.06.25 - 22:18
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Worthington Steel Reports Fourth Quarter and Full Year Fiscal 2025 Results (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 fourth quarter and full year ended May 31, 2025.
Fourth Quarter Highlights (all comparisons to the fourth quarter of fiscal 2024):
Net sales of $832.9 million decreased 9% compared to $911.0 million.
Operating income of $66.4 million compared to $67.3 million.
Net earnings attributable to controlling interest of $55.7 million compared to $53.2 million.
Net earnings per diluted share attributable to controlling interest of $1.10 compared to $1.06; adjusted net earnings per diluted share attributable to controlling interest of $1.05 compared to $1.06.
Adjusted EBIT of $70.1 million compared to $70.4 million.
Finalized the definitive agreement to acquire a controlling equity stake in Italy-based Sitem S.p.A. (together with its subsidiaries, Stanzwerk AG, Decoup S.A.S. and Sitem Slovakia spol. s r.o., “Sitem Group”). The transact...
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25.06.25 - 22:06
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Worthington Steel Announces Appointment of Mark Davis to Board of Directors and Audit Committee (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) announced today the appointment of Mark Davis to the Worthington Steel Board of Directors, effective immediately. Davis will serve as a member of the Audit Committee of the Board.
“We are pleased to welcome Mark Davis to our board of directors,” said John Blystone, executive chairman of Worthington Steel. “Mark's extensive background in finance, mergers and acquisitions and corporate governance will be a tremendous asset as we continue to grow and create value for our stakeholders.”
Davis is a private investor and co-chair of Lank Acquisition Corp., which invests in minority and majority positions in both public and private companies. He has more than 30 years of experience in investment banking and corporate finance, including senior leadership roles at JPMorgan Chase overseeing its Mergers and Acquisitions Group, General Industry Investment Banking and Investment Banking Coverage for all corporate clients.
Earlier in his career...
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25.06.25 - 19:18
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Worthington Steel Declares Quarterly Dividend (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 26, 2025, to shareholders of record at the close of business September 12, 2025.
Worthington Steel will host a conference call to discuss its fiscal 2025 fourth quarter results at 8:30 a.m. ET on Thursday, June 26, 2025. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year.
Live Conference Call Schedule
Date: Thursday, June 26, 2025
Start Time: 8:30 a.m. ET
Conference ID: 5714141
Toll-Free Dial-In Number: 888.510.2553
To automatically receive Worthington Steel financial news by email, please visit https://ir.worthingtonsteel.com and subscribe to email alerts.
About Worthington Steel
Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized so...
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11.06.25 - 14:36
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Worthington Steel to Webcast Discussion of Fourth Quarter 2025 Results on June 26 (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc., (NYSE: WS) announced today that it will report the results for its fiscal fourth quarter after the market closes on Wednesday, June 25, 2025. The Company will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 26, 2025. A live webcast of the call will be available on the Investor Relations section of the Company's website at www.WorthingtonSteel.com and will be archived for one year.
Live Conference Call Schedule
Date:
Thursday, June 26, 2025
Start Time:
8:30 a.m. ET
Conference ID:
5714141
Toll-Free Dial-In Number:
888.510.2553
About Worthington Steel
Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel's expertise in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions are driving steel toward a more sustainable future.
As one of the most tr...
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03.06.25 - 14:21
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Worthington Steel Completes Acquisition of Controlling Equity Stake in Italy-Based Sitem Group (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) (“Worthington Steel” or the “Company”) announced today that it has completed the acquisition of a controlling equity stake in Italy-based Sitem S.p.A. (together with its subsidiaries, Stanzwerk AG, Decoup S.A.S. and Sitem Slovakia spol. s r.o., “Sitem Group”) through its subsidiary, Tempel Steel Company, LLC (“Tempel”). Worthington Steel now holds an approximately 52% stake in Sitem Group, with the option to increase ownership in the future.
“This marks a significant step in our strategic growth plan, enhancing our position in the European electric motor lamination market and strengthening our ability to support global automotive, industrial motor and transformer customers,” said Geoff Gilmore, Worthington Steel president and CEO. “Sitem Group shares our commitment to quality, innovation and customer focus, and we are excited to build on our shared success.”
Sitem Group, one of Europe's largest producers of electr...
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01.04.25 - 15:27
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Worthington Steel Ranked No. 1 in Large Organization Category of Columbus Top Workplaces (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has been named the No. 1 Top Workplace in Columbus in the large organization category by Columbus CEO magazine. This marks the 13th consecutive year Worthington Steel has been named to the list—and its first as a standalone public company.
In addition to securing the top spot among large organizations, Worthington Steel also earned a special Leadership award, recognizing the Company's exceptional leadership and employee confidence in its direction. The rankings are based entirely on feedback from employees, with survey results reflecting strong scores in key workplace factors such as respect, support, opportunities for growth and empowerment. Worthington Steel was one of just 81 companies to be named a 2025 Columbus Top Workplace.
“Being ranked No. 1 in our category and recognized for leadership is an incredible honor—especially in our first year as an independent company,” said Geoff Gilmore, president and CEO of Worthington Ste...
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19.03.25 - 21:18
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Worthington Steel Reports Third Quarter Fiscal 2025 Results (Business Wire)
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COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 third quarter ended February 28, 2025.
Third Quarter Highlights (all comparisons to the third quarter of fiscal 2024):
Net sales of $687.4 million decreased 15% compared to $805.8 million.
Operating income of $18.3 million compared to $66.3 million.
Net earnings attributable to controlling interest of $13.8 million compared to $49.0 million.
Net earnings per diluted share attributable to controlling interest of $0.27 compared to $0.98; Adjusted net earnings per diluted share attributable to controlling interest of $0.35 compared to $0.99.
Adjusted EBIT of $25.3 million compared to $66.9 million.
We continue to progress on our definitive agreement to acquire a controlling equity stake in Italy-based Sitem S.p.A. (together with its subsidiaries, Stanzwerk AG, Decoup S.A.S. and Sitem Slovakia spol. s r.o., “Sitem Group”). We hav...
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