secwatch.observer — SEC 8-K summary
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Issuer:     WORTHINGTON ENTERPRISES, INC. (WOR)
CIK:        0000108516
Form:       8-K
Filed at:   2026-09-25T20:01:39+00:00
Accession:  0001193125-26-402803
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 5.02, 5.07, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Worthington Q1 FY27 net earnings $42.6M vs $48.1M prior quarter; TTM adj EBITDA $302.6M
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- Q1 FY2027 (ended Aug 31, 2026) net earnings $42.6M vs $48.1M in Q4 FY26, $45.1M in Q3 and $27.3M in Q2; Q1 adjusted EBITDA $74.0M.
- TTM adjusted EBITDA $302.6M at a 21.3% adjusted EBITDA margin; TTM net earnings attributable to controlling interest $163.5M, an 11.5% GAAP net earnings margin.
- TTM free cash flow $196.3M on $251.8M operating cash flow (116% free cash flow conversion); net debt $250.5M, or $305.6M long-term debt less $55.1M cash, at Aug 31, 2026.
- CEO Joseph B. Hayek was granted 150,000 performance shares on Sept 21, 2026, vesting only if the 90-day average share price reaches $100 within five years and he stays through certification.
- At the Sept 22, 2026 annual meeting, directors Endres, Horton and Winland retired; Chiappone, Southern and Standridge were elected to terms expiring 2029; KPMG ratified as auditor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108516/000119312526402803/0001193125-26-402803-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108516/000119312526402803/wor-20260921.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-402803

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