secwatch.observer — SEC 8-K summary
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Issuer:     Worthington Steel, Inc. (WS)
CIK:        0001968487
Form:       8-K
Filed at:   2026-06-25T10:30:23+00:00
Accession:  0001968487-26-000015
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Steel Q4: net loss $0.98/share, adj. EPS $0.74; completes Kloeckner acquisition
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- Net sales $929.2M (+12% YoY); net loss $48.7M vs net earnings $55.7M; operating loss of $57.6M due to impairments and acquisition costs.
- Adjusted EPS $0.74 vs $1.05; Adjusted EBIT $54.0M vs $70.1M; quarterly dividend $0.16 declared.
- Completed Kloeckner acquisition post-quarter: ~62% stake acquired at €11.00/share.
- Steven R. Witt retired as Corporate Controller; Gwen Joseph appointed with $255K salary and $200K equity award.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1968487/000196848726000015/0001968487-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1968487/000196848726000015/ws-20260623.htm
  HTML page:      https://secwatch.observer/filing/0001968487-26-000015

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