Source-grounded facts extracted from WORTHINGTON ENTERPRISES, INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
WORTHINGTON ENTERPRISES, INC. reported the third quarter of fiscal 2026 ended February 28, 2026 results: net income $45,120.
“adjusted EBITDA for the TTM ended February 28, 2026 and 2025. Third Second First Fourth Quarter Quarter Quarter Quarter (In thousands) 2026 2026 2026 2025 Net earnings (GAAP) $ 45,120 $ 27,029 $ 34,821 $ 3,614 Plus: Net loss attributable to noncontrolling interest 343 299 327 263 Net earnings attributable to controlling interest 45,463 27,328 35,148 3,877”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported the three-month period ended February 28, 2026 (the fiscal 2026 third quarter) results: revenue $378.7 million, net income $45.1 million, EPS $0.92.
“its fiscal 2026 third quarter ended February 28, 2026. Recent Developments and Third Quarter Highlights (all comparisons to the third quarter of fiscal 2025): • Net sales were $378.7 million, an increase of 24%. • Net earnings increased 15% to $45.1 million, while adjusted net earnings increased 7% to $48.5 million and adjusted EBITDA grew 15% to $84.6 million. •”
M&A Transactions
WORTHINGTON ENTERPRISES, INC. completed an acquisition involving Baker Group Holdings, LLC for approximately $205 million (closed 2026-01-16).
“of LSI Group, LLC and its subsidiaries from Baker Group Holdings, LLC (the “Seller”). The purchase price for the Acquisition, which closed on January 16, 2026, was approximately $205 million, subject to closing adjustments and the potential payment of a tax equalization amount of up to $3 million. The Acquisition consideration was sourced primarily from the”
Brantley J. Standridge was appointed as director at WORTHINGTON ENTERPRISES, INC..
“appointed Brantley J. Standridge as a director of the Registrant”
B. Andrew Rose retired as Member of Board of Directors at WORTHINGTON ENTERPRISES, INC..
“the Company also announced that, effective as of the Effective Date, B. Andrew Rose will retire as the Company’s President and CEO and as a member of the Board.”
B. Andrew Rose retired as President and Chief Executive Officer at WORTHINGTON ENTERPRISES, INC..
“the Company also announced that, effective as of the Effective Date, B. Andrew Rose will retire as the Company’s President and CEO and as a member of the Board.”
Joseph B. Hayek was appointed as Member of Board of Directors at WORTHINGTON ENTERPRISES, INC..
“has appointed Joseph B. Hayek as President and Chief Executive Officer (“CEO”) of the Company, as a member of the Board”
Joseph B. Hayek was appointed as President and Chief Executive Officer at WORTHINGTON ENTERPRISES, INC..
“the Board of Directors of the Company (the “Board”) has appointed Joseph B. Hayek as President and Chief Executive Officer (“CEO”) of the Company”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported financial results for the three-month period ended February 29, 2024 (the Registrant’s fiscal 2024 third quarter).
“Registrant’s news release issued on March 20, 2024 (the “Financial News Release”) reporting results for the three-month period ended February 29, 2024 (the Registrant’s fiscal 2024 third quarter)”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported the fiscal 2024 third quarter ended February 29, 2024 results: revenue $316.8 million, net income $22.0 million, EPS $0.44 per diluted share.
“Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $316.8 million and net earnings from continuing operations of $22.0 million, or $0.44 per diluted share, for its fiscal 2024 third quarter ended February 29, 2024.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported financial results for the second quarter of fiscal 2024 ended November 30, 2023.
“Worthington Enterprises, Inc. (the “Registrant”) conducted a conference call on December 20, 2023, beginning at approximately 9:00 a.m., Eastern Time, to discuss the Registrant’s unaudited financial results for the second quarter of fiscal 2024 ended November 30, 2023.”
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.
“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.”
Material Agreements
WORTHINGTON ENTERPRISES, INC. terminated Note Agreement with The Prudential Insurance Company of America, Pruco Life Insurance Company of New Jersey, Pruco Life Insurance Company, Prudential Arizona Reinsurance Universal Company, Prudential Annuities Life Assurance Corporation, The Prudential Life Insurance Company, Ltd. and The Gibraltar Life Insurance Co., valued at $150 million principal plus $498,333.36 accrued interest; terminated in full (effective 2023-12-06).
“On December 6, 2023, the Registrant used the Separation Dividend to pay the 2024 Senior Notes in full, which consisted of $150 million in principal and $498,333.36 in accrued interest, and thereby terminated the Note Agreement.”
Governance Changes
WORTHINGTON ENTERPRISES, INC.: Amended articles of incorporation to change company name from Worthington Industries, Inc. to Worthington Enterprises, Inc., effective on the Distribution Date (effective 2023-12-01).
“On December 1, 2023, the Company filed a certificate of amendment to amend its articles of incorporation (the “ Amended Articles ”) to change the name of the Company from “Worthington Industries, Inc.” to “Worthington Enterprises, Inc.” (the “ Name Change ”).”
M&A Transactions
WORTHINGTON ENTERPRISES, INC. completed a disposition involving Worthington Steel, Inc. for cash distribution of approximately $150 million (closed 2023-12-01).
“Eastern time, the previously announced separation (the “ Separation ”) of Worthington Steel, Inc. (“ Worthington Steel ”) from Worthington Enterprises, Inc.”
Steven R. Witt departed as Corporate Controller at WORTHINGTON ENTERPRISES, INC..
“Steven R. Witt, who previously served as the Company’s Corporate Controller, assumed the same position with Worthington Steel as part of the Separation.”
Kevin J. Chan was appointed as Corporate Controller and Chief Accounting Officer at WORTHINGTON ENTERPRISES, INC..
“On December 1, 2023, Kevin J. Chan, age 42, became Corporate Controller and the chief accounting officer of the Company.”
Virgil L. Winland was appointed as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, the Board appointed B. Andrew Rose, Billy R. Vickers, Paul G. Heller and Virgil L. Winland to serve as directors of the Company, effective upon consummation of the Separation.”
Paul G. Heller was appointed as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, the Board appointed B. Andrew Rose, Billy R. Vickers, Paul G. Heller and Virgil L. Winland to serve as directors of the Company, effective upon consummation of the Separation.”
Billy R. Vickers was appointed as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, the Board appointed B. Andrew Rose, Billy R. Vickers, Paul G. Heller and Virgil L. Winland to serve as directors of the Company, effective upon consummation of the Separation.”
B. Andrew Rose was appointed as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, the Board appointed B. Andrew Rose, Billy R. Vickers, Paul G. Heller and Virgil L. Winland to serve as directors of the Company, effective upon consummation of the Separation.”
Sidney A. Ribeau resigned as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, each of Carl A. Nelson, Mary Schiavo and Sidney A. Ribeau notified the Board of Directors (the “Board”) of Worthington Industries, Inc. (the “Company” or “Worthington”) of their intention to resign as a director of the Company, effective upon consummation of the previously announced separation (the “Separation”) of Worthington Steel, Inc. (“Worthington Steel”).”
Mary Schiavo resigned as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, each of Carl A. Nelson, Mary Schiavo and Sidney A. Ribeau notified the Board of Directors (the “Board”) of Worthington Industries, Inc. (the “Company” or “Worthington”) of their intention to resign as a director of the Company, effective upon consummation of the previously announced separation (the “Separation”) of Worthington Steel, Inc. (“Worthington Steel”).”
Carl A. Nelson resigned as Director at WORTHINGTON ENTERPRISES, INC..
“On November 9, 2023, each of Carl A. Nelson, Mary Schiavo and Sidney A. Ribeau notified the Board of Directors (the “Board”) of Worthington Industries, Inc. (the “Company” or “Worthington”) of their intention to resign as a director of the Company, effective upon consummation of the previously announced separation (the “Separation”) of Worthington Steel, Inc. (“Worthington Steel”).”
Material Agreements
WORTHINGTON ENTERPRISES, INC. amended Second Amendment with PGIM, Inc. and certain existing noteholders affiliated with Prudential valued at aggregate principal amount of €36,700,000 ... aggregate principal amount of €55,000,000 (effective 2023-11-01).
“On November 1, 2023 (the “Effective Date”), Worthington Industries, Inc. (the “Company”) and its subsidiaries Worthington Industries International S.á.r.l. (“LuxCo”) and Worthington Cylinders GmbH (“AustriaCo”) entered into that certain Amendment No. 2 (the “Second Amendment”) to the Note Purchase and Private Shelf Agreement (the “Note Agreement”) with PGIM, Inc. (“Prudential”) and certain existing noteholders affiliated with Prudential named therein.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported financial results for first quarter of fiscal 2023 ended August 31, 2022.
“we generated earnings of $2.06 per share in the current quarter compared to $1.61 per share in Q1 of last year.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported financial results for first quarter of fiscal 2024 ended August 31, 2023.
“reporting Q1 earnings of $1.93 per share versus $1.30 a year ago.”
Shareholder Votes
WORTHINGTON ENTERPRISES, INC. shareholders approved Ratification of the Selection of Independent Registered Public Accounting Firm at the 2023-09-27 meeting.
“Proposal 4 — Ratification of the Selection of Independent Registered Public Accounting Firm Votes For Votes Against Abstentions 43,820,452 441,792 54,490”
Shareholder Votes
WORTHINGTON ENTERPRISES, INC. shareholders approved Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation at the 2023-09-27 meeting.
“Proposal 3 — Advisory Vote on the Frequency of Future Advisory Votes on Executive Compensation 1 Year 2 Years 3 Years Abstain Broker Non-Votes 37,758,490 42,286 2,933,371 54,398 3,528,189”
Shareholder Votes
WORTHINGTON ENTERPRISES, INC. shareholders approved Advisory Vote to Approve the Compensation of the NEOs at the 2023-09-27 meeting.
“Proposal 2 — Advisory Vote to Approve the Compensation of the NEOs Votes For Votes Against Abstentions Broker Non-Votes 39,660,738 1,013,803 114,004 3,528,189”
Shareholder Votes
WORTHINGTON ENTERPRISES, INC. shareholders approved Election of Directors at the 2023-09-27 meeting.
“Proposal 1 — Election of Directors Votes For Votes Against Abstentions Broker Non-Votes Michael J. Endres 38,559,625 2,172,280 56,640 3,528,189 Ozey K. Horton, Jr. 35,151,281 5,580,500 56,764 3,528,189 Carl A. Nelson, Jr. 25,427,364 15,191,771 169,410 3,528,189”
Debt Financings
WORTHINGTON ENTERPRISES, INC. amended revolving credit of $500 million with PNC Bank, National Association at margin ranging from 0.125% to 1.625% maturing September 27, 2028.
“The aggregate commitments under the amended and restated revolving credit facility remain at $500 million. The final maturity of the revolving credit facility was extended from August 20, 2026 to September 27, 2028.”
Material Agreements
WORTHINGTON ENTERPRISES, INC. entered into Fourth Amended and Restated Credit Agreement with PNC Bank, National Association, as Administrative Agent, and the other lenders party thereto valued at $500 million (effective 2023-09-27).
“On September 27, 2023 (the “Effective Date”), Worthington Industries, Inc. (the “Registrant”) amended and restated its existing five-year, revolving credit facility (provided under the Third Amended and Restated Credit Agreement, dated as of August 20, 2021 (as amended, the “Existing Credit Agreement”)). The aggregate commitments under the amended and restated revolving credit facility remain at $500 million.”
Earnings Releases
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.
“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.”
Michael J. Endres was elected as Lead Independent Director at WORTHINGTON ENTERPRISES, INC..
“The Board elected Michael J. Endres as both the Registrant’s Lead Independent Director and Chairman of the Registrant’s Compensation Committee.”
John B. Blystone was elected as Executive Chairman at WORTHINGTON ENTERPRISES, INC..
“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.”
Peter Karmanos, Jr. retired as Director at WORTHINGTON ENTERPRISES, INC..
“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.”
John P. McConnell retired as Executive Chairman at WORTHINGTON ENTERPRISES, INC..
“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”).”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported the fourth quarter and fiscal year ended May 31, 2023 results: revenue $1.2 billion, EPS $2.61 a share.
“estimated to be $33 million or 49 cents a share, compared to inventory holding losses of $42 million or 64 cents a share in Q4 of 2022. Consolidated net sales in the quarter of $1.2 billion decreased 19% from the prior year due to the lower average selling prices in steel processing combined with lower volumes across most of our segments. Gross profit for the”
Material Agreements
WORTHINGTON ENTERPRISES, INC. terminated Receivables Financing Agreement with PNC Bank, National Association, as administrator and a Lender, and PNC Capital Markets LLC, as structuring agent (effective 2023-06-29).
“On June 29, 2023, the Registrant and the Borrower terminated the Receivables Financing Agreement, the Purchase and Sale Agreement and the Performance Guaranty (collectively, the “A/R Facility Documents”) pursuant to the payoff letter dated as of June 29, 2023, by and among the Registrant, the Borrower, certain affiliates of the Registrant identified as Originators therein, PNC and PNC Capital Markets LLC (the “Payoff Letter”).”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported fourth quarter and fiscal year ended May 31, 2023 results: revenue $1.2 billion, net income $129.9 million, or $2.61 per diluted share.
“Worthington Reports Fourth Quarter Fiscal 2023 Results COLUMBUS, Ohio, June 28, 2023 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.2 billion and net earnings of $129.9 million, or $2.61 per diluted share, for its fiscal 2023 fourth quarter ended May 31, 2023.”
Peter Karmanos, Jr. departed as Director at WORTHINGTON ENTERPRISES, INC..
“On June 27, 2023, Peter Karmanos, Jr., 80, notified the Registrant of his intention to retire from the Board and its committees, effective at the adjournment of the Registrant’s 2023 annual meeting of shareholders.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported fiscal 2023 fourth quarter ended May 31, 2023 results: revenue $1.2 billion, net income $129.9 million, EPS $2.61.
“Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.2 billion and net earnings of $129.9 million, or $2.61 per diluted share, for its fiscal 2023 fourth quarter ended May 31, 2023.”
Peter Karmanos, Jr. retired as Director at WORTHINGTON ENTERPRISES, INC..
“On June 27, 2023, Peter Karmanos, Jr., 80, notified the Registrant of his intention to retire 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.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported third quarter of fiscal 2023 (the fiscal quarter ended February 28, 2023) results: EPS $0.94 a share.
“In Q3, we reported earnings of $0.94 a share versus $1.11 in the prior year quarter.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported fiscal 2022 third quarter ended February 28, 2022 results: revenue $1.4 billion, net income $56.3 million, EPS $1.11 per diluted share.
“In the third quarter of fiscal 2022, the Company reported net sales of $1.4 billion and net earnings of $56.3 million, or $1.11 per diluted share.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported fiscal 2023 third quarter ended February 28, 2023 results: revenue $1.1 billion, net income $46.3 million, EPS $0.94 per diluted share.
“Worthington Industries, Inc. (NYSE: WOR) today reported net sales of $1.1 billion and net earnings of $46.3 million, or $0.94 per diluted share, for its fiscal 2023 third quarter ended February 28, 2023.”
John H. McConnell II was appointed as Director at WORTHINGTON ENTERPRISES, INC..
“The appointment of John H. McConnell II, who is the son of John P. McConnell, was effective January 4, 2023.”
John P. McConnell departed as Executive Chairman at WORTHINGTON ENTERPRISES, INC..
“On January 4, 2023, John P. McConnell, Executive Chairman of Worthington Industries, Inc. (the "Registrant"), notified the Board of Directors (the "Board") of the Registrant that he intends to step down from the Board in June 2023.”
Earnings Releases
WORTHINGTON ENTERPRISES, INC. reported second quarter of fiscal 2023 (the fiscal quarter ended November 30, 2022) results: revenue $1.2 billion, net income $16,218 thousand, EPS $0.33.
“holding gains of $42 million or $0.61 a share in the prior year quarter, an unfavorable swing of $95 million, which is $1.42 a share. Consolidated net sales in the quarter of $1.2 billion decreased 5% from the prior year, primarily due to the lower average selling prices in Steel Processing, combined with lower volumes, partially offset by the inclusion of Temple”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.