{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-22-008139","form_type":"8-K","ticker":"WOR","cik":"0000108516","company_name":"WORTHINGTON ENTERPRISES, INC.","filed_at":"2022-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.565580+00:00","generated_at":"2026-06-21T01:22:32.583401+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Worthington Q2 net earnings drop 85% to $16.2M; operating loss of $7.0M on steel price decline","bullets":["Net earnings $16.2M ($0.33 diluted EPS) vs $110.3M ($2.15) prior year; adjusted EPS $0.44.","Operating loss $7.0M vs operating income $90.5M prior year; inventory holding losses estimated $95.2M unfavorable swing.","Steel Processing adj EBIT loss $17.2M, down $89.1M YoY on lower prices and volumes.","Dividend maintained at $0.31 per share payable March 29, 2023, record March 15, 2023.","Worthington 2024 separation on track; WSP joint venture sold Michigan facility for $21.5M, pre-tax gain $3.9M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-22-008139","json":"https://secwatch.observer/filing/0001171843-22-008139.json","markdown":"https://secwatch.observer/filing/0001171843-22-008139.md","text":"https://secwatch.observer/filing/0001171843-22-008139.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108516/000117184322008139/0001171843-22-008139-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108516/000117184322008139/f8k_122022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T01:22:32.583401+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":[{"claim_id":"4d19187c5ffad3cf54b495de6390c61fa4d43892","claim":"WORTHINGTON ENTERPRISES, INC. reported the fiscal 2023 second quarter ended November 30, 2022 results: revenue $1.2 billion, net income $16.2 million, EPS $0.33 per diluted share.","evidence_excerpt":"Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.2 billion and net earnings of $16.2 million, or $0.33 per diluted share, for its fiscal 2023 second quarter ended November 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108516/000117184322008139/0001171843-22-008139-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal 2023 second quarter ended November 30, 2022"},{"label":"Revenue","value":"$1.2 billion"},{"label":"Net income","value":"$16.2 million"},{"label":"EPS","value":"$0.33 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}