secwatch.observer — SEC 8-K summary
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Issuer:     WORTHINGTON ENTERPRISES, INC. (WOR)
CIK:        0000108516
Form:       8-K
Filed at:   2023-07-06T23:59:59+00:00
Accession:  0000950170-23-032000
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 1.02, 2.02, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Industries Q4 FY2023 adjusted EPS $2.74, record adjusted EBITDA $211M
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- Adjusted EPS $2.74 vs $1.58 prior year; includes $0.49 inventory holding gain.
- Adjusted EBITDA $211M, up 52% YoY; net debt to EBITDA leverage 0.46x.
- Free cash flow $212M in Q4, $539M trailing twelve months.
- Dividend declared $0.32 per share, 3% increase over prior quarter.
- Terminated $175M A/R facility; redeemed $243.6M of 4.55% notes due 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108516/000095017023032000/0000950170-23-032000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108516/000095017023032000/wor-20230629.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-032000

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer