---
schema_version: "secwatch.filing_event.v1"
accession: "0001968487-26-000032"
form_type: "8-K"
ticker: "WS"
cik: "0001968487"
company_name: "Worthington Steel, Inc."
filed_at: "2026-10-07T10:30:19+00:00"
generated_at: "2026-10-12T16:02:55.629737+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Worthington Steel Q1 FY27: net loss $7.0M, sales up 212% to $2.73B on Kloeckner deal

## Summary
- Net sales $2,726.6M, up 212% YoY from $872.9M, on volume of 1.94M tons vs 928,866; operating income $56.0M vs $48.3M.
- Net loss attributable to controlling interest of $7.0M vs $36.8M profit a year ago; diluted EPS -$0.14 vs $0.73; adjusted diluted EPS $0.57 vs $0.77.
- Adjusted EBIT $78.5M vs $55.5M; adjusted EBITDA $111.0M vs $78.8M; legacy Worthington Steel adjusted EBITDA $75.1M on 604,289 direct tons.
- Kloeckner: ~62% stake closed June 3, 2026; EUR 11.00/share delisting tender; Frankfurt delisting Aug 12; stake now 62.11%; DPLTA signed Sept 8, effective no earlier than Jan 1, 2027.
- Quarterly dividend of $0.16/share declared, payable Dec 28, 2026 to holders of record Dec 14; CEO Geoff Gilmore cites higher direct volumes and improved pricing.

## SEC filing metadata
- accession: 0001968487-26-000032
- form_type: 8-K
- ticker: WS
- cik: 0001968487
- company_name: Worthington Steel, Inc.
- filed_at: 2026-10-07T10:30:19+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1968487/000196848726000032/0001968487-26-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968487/000196848726000032/ws-20261006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001968487-26-000032
- JSON: https://secwatch.observer/filing/0001968487-26-000032.json
- Plain text: https://secwatch.observer/filing/0001968487-26-000032.txt

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