secwatch.observer — SEC 8-K summary
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Issuer:     WORTHINGTON ENTERPRISES, INC. (WOR)
CIK:        0000108516
Form:       8-K
Filed at:   2024-09-24T23:59:59+00:00
Accession:  0000950170-24-109115
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Q1 revenue $257.3M (-17.5% YoY); adj EPS $0.50 vs $0.75
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- Net sales $257.3M, down $54.6M YoY; net earnings $24.3M ($0.48 diluted EPS).
- Adjusted EPS from continuing ops $0.50 vs $0.75 in prior year; operating loss $4.7M.
- Consumer Products segment adjusted EBITDA $17.8M (+$3.5M); Building Products $39.7M (-$20.0M).
- Quarterly dividend of $0.17 per share declared, payable Dec 27, 2024 to holders of record Dec 13.
- Company repurchased 150k shares for $6.8M at avg $45.35; acquired Hexagon Ragasco for ~$100.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108516/000095017024109115/0000950170-24-109115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108516/000095017024109115/wor-20240924.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-109115

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