secwatch.observer — SEC 8-K summary
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Issuer:     Worthington Steel, Inc. (WS)
CIK:        0001968487
Form:       8-K
Filed at:   2025-03-21T23:59:59+00:00
Accession:  0000950170-25-043236
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Steel Q3 revenue down 15%, EPS $0.27; Sitem acquisition on track
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1968487/000095017025043236/0000950170-25-043236-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1968487/000095017025043236/ws-20250319.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-043236

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