{"filings":[{"id":815276,"accession_number":"0001193125-26-254547","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-06-03T10:47:52+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"Worthington Steel completes €576M acquisition of Kloeckner & Co, secures ~62% stake","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Completed voluntary takeover of Kloeckner on June 3, 2026; holds ~62% of outstanding shares.","Total aggregate consideration for tendered shares was €576,284,588 (~52.4M shares at €11.00 each).","Intends to launch a public delisting tender offer at €11.00 per share for remaining Kloeckner shares.","Plans to negotiate a Domination and Profit and Loss Transfer Agreement (DPLTA) to gain control.","Used proceeds from notes offering, term loan, and cash on hand to fund the acquisition."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":"2026-06-03","daily_digest_url":"/daily/2026-06-03","daily_digest_rank":3},{"id":808196,"accession_number":"0001193125-26-253821","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-06-02T21:06:49+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Worthington Steel prices $700M 7.75% notes due 2033 and $700M term loan for Klöckner acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $700M 7.750% senior secured notes due 2033; $700M term loan B at SOFR+4.00% or base rate+3.00%.","Note offering decreased from $900M, term loan increased from $500M; proceeds fund Klöckner acquisition.","Klöckner acquisition expected to close on June 3, 2026, at €11.00 per share cash consideration.","Notes subject to special mandatory redemption at 100% if acquisition not completed by March 12, 2027.","Revolving credit facility amended to align collateral; no financial covenant in term loan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":676996,"accession_number":"0001193125-26-240393","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-05-27T10:28:20+00:00","items":["7.01"],"status":"ready","headline":"Worthington Steel receives final German merger clearance; Klöckner deal closing June 3","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["German Federal Cartel Office granted merger control clearance on May 27, 2026, fulfilling the final regulatory condition for the Klöckner acquisition.","All conditions for the voluntary public cash takeover offer at €11.00 per share are now satisfied.","Transaction expected to close on June 3, 2026.","Initial acceptance period expired March 26; additional acceptance period closed April 14."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":649877,"accession_number":"0001193125-26-237932","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-05-26T12:12:38+00:00","items":["7.01","9.01"],"status":"ready","headline":"Worthington Steel launches $900M notes offering for Klöckner acquisition; regulatory clearance pending","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["WS Escrow LLC offers $900M aggregate principal of senior secured notes due 2033 to fund pending Klöckner acquisition.","Net proceeds together with term loan borrowings will fund consideration, shareholder loans, repay debt, and transaction costs.","Acquisition tender offer closed April 14, 2026; regulatory conditions remain and must be satisfied by March 12, 2027.","Notes offering not conditioned on acquisition; if not consummated by March 12, 2027, special mandatory redemption at 100%.","Klöckner audited FY2025 and interim Q1 2026 financials and Worthington pro forma combined statements included as exhibits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111386,"accession_number":"0001193125-26-133381","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-03-31T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Worthington Steel exceeds 57.5% minimum acceptance in Kloeckner & Co tender offer","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Secured ~58.8% of Kloeckner issued share capital, surpassing the 57.5% threshold.","Additional acceptance period runs April 1–14, 2026 for remaining shareholders.","Offer price of €11.00/share (98% premium to undisturbed 3-month VWAP).","Completion expected in H2 2026, subject to regulatory approvals.","Worthington Steel plans DPLTA and potential delisting or squeeze-out post-closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111385,"accession_number":"0001968487-26-000003","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-03-26T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q3 revenue up 12% to $770M; EPS $0.20; announces Kloeckner tender offer at €11/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $769.8M (+12% YoY); operating income $3.1M vs $18.3M; GAAP EPS $0.20 vs $0.27.","Adjusted EPS $0.27 vs $0.35; adjusted EBIT $20.0M vs $25.3M.","Announced voluntary tender offer for Kloeckner & Co SE at €11/share; close expected H2 2026.","Declared quarterly dividend $0.16/share, payable June 26, record June 12."],"consensus_eps_estimate":null,"consensus_eps_actual":1.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":2514600000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111384,"accession_number":"0001193125-26-099427","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-03-10T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Worthington Steel lowers Kloeckner takeover threshold to 57.5%; secures 56.9% of shares as of March 9","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Minimum acceptance threshold reduced from 65% to 57.5%; acceptance period extended to March 26, 2026.","Worthington Steel secured ~56.9% of Kloeckner issued share capital as of March 9, 2026.","Offer price remains €11.00 per share (98% premium to undisturbed 3-month VWAP).","Kloeckner boards recommend offer; no increase in price or other changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111383,"accession_number":"0001193125-26-019521","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2026-01-22T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Worthington Steel enters into business combination agreement to acquire Klöckner & Co SE for €11.00 per share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Bidder Worthington Steel GmbH launched a voluntary public cash tender offer at €11.00 per Kloeckner share.","SWOCTEM, holder of ~42% of Kloeckner shares, entered into irrevocable undertaking to accept the offer.","Worthington Steel secured equity commitment of up to €1,632,000,000 and debt financing commitments of US$1.9 billion.","Offer subject to regulatory clearances, minimum 65% acceptance threshold, and other conditions.","Company amended its revolving credit facility to permit consummation of the offer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127999,"accession_number":"0001193125-25-326924","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2025-12-19T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q2 FY2026: Net sales up 18% to $872M; adj. EPS $0.38 vs $0.19","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $871.9M (+18% YoY); operating income $21.7M vs $18.9M.","Adjusted diluted EPS $0.38 vs $0.19; reported diluted EPS $0.37 vs $0.25.","Adjusted EBIT $26.6M nearly doubled from $14.3M; volume 902K tons (-3.6% YoY).","Quarterly dividend declared at $0.16/share, payable March 27, 2026 to holders of record March 13, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":1.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":1744800000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144778,"accession_number":"0001193125-25-223315","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2025-09-29T23:59:59+00:00","items":["2.02","5.07","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q1 EPS $0.72 ($0.77 adj.) vs $0.56; revenue $872.9M (+5%); Sitem acquisition closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $872.9M, up 5% YoY on improved pricing/mix despite 7% lower volume (928,866 tons).","Operating income $48.3M vs $43.4M; adjusted EBIT $54.9M vs $39.4M.","Completed acquisition of 52% of Italian S.I.T.E.M. S.p.A. on June 3, 2025.","Quarterly dividend of $0.16 declared, payable Dec 26 to holders of record Dec 12.","Net earnings per diluted share $0.72 vs $0.56; adjusted EPS $0.77 vs $0.56."],"consensus_eps_estimate":null,"consensus_eps_actual":0.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":872900000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163185,"accession_number":"0000950170-25-090889","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2025-06-27T23:59:59+00:00","items":["2.02","5.02","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q4 revenue down 9% to $832.9M; adjusted EPS $1.05 vs $1.06; Sitem acquisition closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $832.9M, down 9% YoY; volume 982K tons vs 1.03M tons.","Net earnings attributable to controlling interest $55.7M vs $53.2M; diluted EPS $1.10 vs $1.06.","Adjusted diluted EPS $1.05 vs $1.06; adjusted EBIT $70.1M vs $70.4M.","Closed acquisition of controlling stake in Italy-based Sitem Group on June 3, 2025.","Quarterly dividend $0.16/share declared, payable Sep 26, 2025; Mark Davis appointed to board."],"consensus_eps_estimate":0.4017,"consensus_eps_actual":2.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":3093300000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181101,"accession_number":"0000950170-25-047709","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Tempel Canada enters CAD $57.5M loan with BDC to build new manufacturing facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Subsidiary Tempel Canada entered loan of up to CAD $57.5M from BDC for a new Burlington, Ontario facility.","Construction draw loan; draw period ends March 21, 2026, unless extended; interest-only until July 2026.","Interest at BDC Floating Base Rate minus 1.75% during construction; borrower option after construction.","Matures June 1, 2051; Worthington guarantees 20% of loan on demand, releasable when balance ≤ CAD $40M.","Secured by mortgage, rent assignment, and liens; Tempel Canada must meet debt/equity ≤1.0 and FCCR ≥1.15."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181100,"accession_number":"0000950170-25-043236","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2025-03-21T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q3 revenue down 15%, EPS $0.27; Sitem acquisition on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $687.4M, -15% YoY; operating income $18.3M vs $66.3M.","Diluted EPS $0.27 ($0.35 adjusted) vs $0.98 ($0.99 adjusted) in prior year.","Volume 881k tons, -10.6% YoY; customers managed uncertainty during quarter.","Sitem Group acquisition received regulatory approval; expected close early FY2026.","Quarterly dividend maintained at $0.16/share, payable June 27, 2025."],"consensus_eps_estimate":0.7828,"consensus_eps_actual":1.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":2260400000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197973,"accession_number":"0000950170-24-139038","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["2.02","5.02","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q2 net earnings $12.8M, revenue down 9%; acquires Sitem Group stake; declares $0.16 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net earnings $12.8M ($0.25/sh) vs loss $6.0M; adjusted EPS $0.19 vs $0.11.","Net sales $739M, down 9% YoY; volume 936k tons down 3%.","Automotive volume down 2% but one Detroit 3 customer cut >30%; construction down 20%.","Agreed to acquire 52% stake in Sitem Group, Europe electric motor lamination producer, close early 2025.","Quarterly dividend $0.16/sh declared, payable March 28, 2025, record March 14, 2025."],"consensus_eps_estimate":0.8498,"consensus_eps_actual":0.82,"consensus_revenue_estimate":null,"consensus_revenue_actual":1573000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214140,"accession_number":"0000950170-24-110401","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["2.02","5.07","7.01","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q1 adjusted EPS $0.56 (down 56% YoY); revenue falls 8% to $834M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $834.0M, down 8% YoY from $905.8M; operating income $43.4M vs $69.7M.","Diluted EPS attributable to controlling interest $0.56 vs $1.19; adjusted EPS $0.56 vs $1.26.","Processing volume 994k tons, down from 1,024k tons YoY.","Equity in net income of unconsolidated affiliate fell to $1.3M from $9.0M.","Board declared quarterly dividend of $0.16 per share, payable Dec 27, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":0.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":834000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214139,"accession_number":"0001193125-24-201310","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2024-08-15T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Worthington Steel posts investor presentation; no new specific disclosures in the 8-K","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Filed investor presentation dated August 2024 on Form 8-K; no financial data or guidance included in the filing text.","Presentation posted to investor relations website; content not summarized in the SEC filing.","No material news such as earnings, M&A, or leadership changes can be extracted from this filing.","Investors should review the attached presentation for any potential new information."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1908790000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233364,"accession_number":"0000950170-24-079047","cik":1968487,"company_name":"Worthington Steel, Inc.","ticker":"WS","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"Worthington Steel Q4 net sales $911M (+3%), net earnings $53.2M (-21% YoY); 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