{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-005885","form_type":"8-K","ticker":"WOR","cik":"0000108516","company_name":"WORTHINGTON ENTERPRISES, INC.","filed_at":"2023-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.107067+00:00","generated_at":"2026-06-10T08:03:19.213019+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Worthington Q1 net earnings up to $96.1M ($1.93/sh); Blystone named Executive Chairman","bullets":["Q1 net earnings attrib. to controlling interest $96.1M ($1.93 diluted EPS) vs $64.1M ($1.30) YoY.","Adjusted net earnings $102.6M ($2.06/sh); net sales $1.2B down 15% from $1.4B YoY.","John Blystone elected Executive Chairman; John P. McConnell retires; board reduced to 10 directors.","Quarterly dividend of $0.32 per share declared, payable Dec 15, 2023 to holders of record Nov 15.","Steel processing separation (Worthington 2024) expected as early as Dec 2023, ahead of prior guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-005885","json":"https://secwatch.observer/filing/0001171843-23-005885.json","markdown":"https://secwatch.observer/filing/0001171843-23-005885.md","text":"https://secwatch.observer/filing/0001171843-23-005885.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/0001171843-23-005885-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/f8k_092723.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T08:03:19.213019+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":"55584efa962dd5b576c8f7fc44f72a3b2a357606","claim":"WORTHINGTON ENTERPRISES, INC. reported fiscal 2024 first quarter ended August 31, 2023 results: revenue $1.2 billion, net income $96.1 million, EPS $1.93 per diluted share.","evidence_excerpt":"Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.2 billion and net earnings attributable to controlling interest of $96.1 million, or $1.93 per diluted share, for its fiscal 2024 first quarter ended August 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/0001171843-23-005885-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 first quarter ended August 31, 2023"},{"label":"Revenue","value":"$1.2 billion"},{"label":"Net income","value":"$96.1 million"},{"label":"EPS","value":"$1.93 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2d668e1587","claim":"John B. Blystone was elected as Executive Chairman at WORTHINGTON ENTERPRISES, INC..","evidence_excerpt":"Also in connection with Mr. McConnell’s retirement, the Board elected John B. Blystone, the Registrant’s Lead Independent Director, as Executive Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/0001171843-23-005885-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"6ea2fa927f","claim":"John P. McConnell retired as Executive Chairman at WORTHINGTON ENTERPRISES, INC..","evidence_excerpt":"On September 26, 2023, John P. McConnell, then Executive Chairman of the Registrant, notified the Registrant of his retirement from the Registrant’s Board of Directors (the “Board”) and its committees, effective at the adjournment of the Registrant’s 2023 annual meeting of shareholders on September 27, 2023 (the “Annual Meeting”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/0001171843-23-005885-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"8dcb471735","claim":"Peter Karmanos, Jr. retired as Director at WORTHINGTON ENTERPRISES, INC..","evidence_excerpt":"As disclosed in the Registrant’s Current Report on Form 8-K filed on June 28, 2023, Peter Karmanos, Jr. also retired from the Board and its committees, effective at the adjournment of the Annual Meeting.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/0001171843-23-005885-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"ef339b4c27","claim":"Michael J. Endres was elected as Lead Independent Director at WORTHINGTON ENTERPRISES, INC..","evidence_excerpt":"The Board elected Michael J. Endres as both the Registrant’s Lead Independent Director and Chairman of the Registrant’s Compensation Committee.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/108516/000117184323005885/0001171843-23-005885-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Lead Independent Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}