{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-079047","form_type":"8-K","ticker":"WS","cik":"0001968487","company_name":"Worthington Steel, Inc.","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.334984+00:00","generated_at":"2026-06-01T00:51:53.663248+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Worthington Steel Q4 net sales $911M (+3%), net earnings $53.2M (-21% YoY); declares $0.16 dividend","bullets":["Net sales of $911.0M (+3% YoY); net earnings of $53.2M ($1.06 diluted EPS) vs $67.3M ($1.37) prior year.","Adjusted diluted EPS of $1.06, down from $1.47 in prior year quarter; operating income $67.3M vs $89.8M.","Gross margin declined $19.2M to $131.0M due to lower direct spreads and inventory holding loss of $3.4M vs prior year gain of $32.6M.","Capital expenditures of $44.8M for strategic expansions in electrical steel operations in Mexico and Canada.","Declared quarterly dividend of $0.16 per share, payable Sept 27, 2024; record date Sept 13, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-079047","json":"https://secwatch.observer/filing/0000950170-24-079047.json","markdown":"https://secwatch.observer/filing/0000950170-24-079047.md","text":"https://secwatch.observer/filing/0000950170-24-079047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1968487/000095017024079047/0000950170-24-079047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1968487/000095017024079047/ws-20240626.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:51:53.663248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}