---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-007615"
form_type: "8-K"
ticker: "WOR"
cik: "0000108516"
company_name: "WORTHINGTON ENTERPRISES, INC."
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:18:59.276059+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Worthington Enterprises Q2 fiscal 2024 adjusted EPS $0.78, up from $0.44; completes Steel Processing separation

## Summary
- Net sales $1.1B (down 7.5% YoY); net earnings attributable to controlling interest $24.3M ($0.49 diluted EPS) vs $16.2M ($0.33) prior year.
- Adjusted net earnings $38.9M ($0.78 per share) vs $21.8M ($0.44) prior year, excluding separation costs and gain on asset sale.
- Completed separation of Steel Processing business into standalone public company (Worthington Steel, NYSE: WS) on Dec 1, 2023; received $150M cash distribution.
- Used $150M distribution to pay off unsecured senior notes due Aug 2024; Board declared $0.16 quarterly dividend payable Mar 29, 2024.

## SEC filing metadata
- accession: 0001171843-23-007615
- form_type: 8-K
- ticker: WOR
- cik: 0000108516
- company_name: WORTHINGTON ENTERPRISES, INC.
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108516/000117184323007615/0001171843-23-007615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108516/000117184323007615/f8k_121923.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-007615
- JSON: https://secwatch.observer/filing/0001171843-23-007615.json
- Plain text: https://secwatch.observer/filing/0001171843-23-007615.txt

## Key facts
- Earnings Releases
  WORTHINGTON ENTERPRISES, INC. reported the fiscal 2024 second quarter ended November 30, 2023 results: revenue $1.1 billion, net income $24.3 million, EPS $0.49 per diluted share.
  - Period: the fiscal 2024 second quarter ended November 30, 2023
  - Revenue: $1.1 billion
  - Net income: $24.3 million
  - EPS: $0.49 per diluted share
  - Result: reported results
  source text: Net sales in the second quarter of fiscal 2024 were $1.1 billion and net earnings attributable to controlling interest were $24.3 million, or $0.49 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/108516/000117184323007615/0001171843-23-007615-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.