Common Shares, without par value
- Symbol
- WS
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 2.02, 8.01, 9.01 · 8-K
Worthington Steel, Inc.
WSNYSEEQUITYCurrent
Results of Operations and Financial Condition · Other Events
Item 2.02 Results of Operations and Financial Condition. On October 6, 2026, Worthington Steel, Inc. (“we,” “us,” “our,” the “Company,” and “registrant”) issued a news release (the “Financial Release”) reporting results for the three months ended August 31, 2026 (the first quarter of fiscal 2027). A copy of the Financial Release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.…
Company context
Worthington Steel (NYSE: WS) is one of North America's leading value-added metals processing and manufacturing companies. The Company partners with customers to deliver specialized, highly technical solutions across carbon flat-rolled steel, aluminum, stainless steel, long products, heavy plate and electrical steel, to solve complex challenges across a broad range of industries. Worthington Steel employs approximately 12,000 people and operates approximately 150 facilities, primarily in North America, with additional operations in Europe and Asia. The Company combines extensive processing expertise with advanced manufacturing technologies, including galvanizing, pickling, configured blanking, specialty cold reduction, electrical steel laminations, fabrication and precision processing.
Current securities
Registered securities in this filing
WORTHINGTON STEEL, INC. · 8-K · Filed 2026-10-07
Disclosure sections
Item 2.02Item 2.02 - Results of Operations
Item 2.02 Results of Operations and Financial Condition.
On October 6, 2026, Worthington Steel, Inc. (“we,” “us,” “our,” the “Company,” and “registrant”) issued a news release (the “Financial Release”) reporting results for the three months ended August 31, 2026 (the first quarter of fiscal 2027). A copy of the Financial Release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.
We will host a conference call at 8:30 a.m. ET on October 7, 2026, to discuss our unaudited financial results for the first quarter of fiscal 2027 and address our outlook for the second quarter of fiscal 2027. The conference call is accessible through Events & Presentations in the Investors section of our website at www. WorthingtonSteel.com, or by registering online at https://events.q4inc.com/attendee/682402066 for the live conference. Prior to the conference call, we made available an investor presentation on our website. The investor presentation is furnished herewith as Exhibit 99.2 and is incorporated herein by reference.
Financial measures prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) and non-GAAP financial measures are included in the Financial Release and the investor presentation, and will be discussed during the conference call, to provide investors with additional information that we believe allows for increased comparability of the performance of our ongoing operations from period to period. Please see the Financial Release and the investor presentation for further explanations of why we use the non-GAAP financial measures and the reconciliations to the most directly comparable GAAP financial measures.
The information contained in this Item 2.02, including Exhibit 99.1 and Exhibit 99.2, is being furnished pursuant to Item 2.02 and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless we specifically state that the information is to be considered “filed” under the Exchange Act or incorporate the information by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended. Information on our website is not incorporated herein.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
On October 6, 2026, we issued a news release (the “Dividend Release”) reporting that our board of directors declared a quarterly cash dividend of $0.16 per common share. The dividend was declared on October 6, 2026, and is payable on December 28, 2026, to our shareholders of record at the close of business on December 14, 2026. A copy of the Dividend Release is filed herewith as Exhibit 99.3.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit No. Description
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99.1 News Release of Worthington Steel, Inc. issued on October 6, 2026 (Financial Release)
99.2 Investor Presentation of Worthington Steel, Inc., dated October 6, 2026
99.3 News Release of Worthington Steel, Inc. issued on October 6, 2026 (Dividend Release)
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Filed exhibits (2)
EXHIBIT 99.1 Worthington Steel Reports First Quarter Fiscal 2027 Results Includes financial results from Kloeckner & Co following majority acquisition COLUMBUS, Ohio, October 6, 2026 - Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2027 first quarter ended August 31, 2026. Except as otherwise noted, reported results reflect the impact of the Company’s acquisition of a majority interest in Klöckner & Co SE (“Kloeckner”). First Quarter Highlights (all comparisons to the first quarter of fiscal 2026 on a continuing operations basis unless otherwise indicated): • Net sales of $2,726.6 million increased 212% compared to $872.9 million. • Operating income of $56.0 million compared to $48.3 million. • Net loss attributable to controlling interest of $7.0 million compared to net earnings of $36.8 million in the prior year quarter. • Diluted loss per share attributable to controlling interest (“Diluted EPS - Continuing Operations”) of $0.14, compared with Diluted EPS - Continuing Operations of $0.73 in the prior year quarter. Adjusted Diluted EPS - Continuing Operations per share of $0.57 c…
Open exhibit ↗Worthington Steel Investor Presentation | October 2026 Exhibit 99.2 Safe Harbor Statement Selected statements contained in this presentation constitute "forward-looking statements," as that term is used in the Private Securities Litigation Reform Act of 1995 (the "Act"). The Company wishes to take advantage of the safe harbor provisions included in the Act. Forward-looking statements reflect the Company's current expectations, estimates or projections concerning future results or events. These statements are often identified by the use of forward-looking words or phrases such as "believe," "expect," "anticipate," "may," "could," "should," "would," "intend," "plan," "will," "likely," "estimate," "project," "position," "strategy," "target," "aim," "seek," "foresee" and similar words or phrases. These forward-looking statements include, without limitation, statements relating to: future or expected cash positions, liquidity and ability to access financial markets and capital; outlook, strategy or business plans; expected financial and operational performance and future opportunities; future or expected growth, growth potential, forward momentum, performance, competitive position, sal…
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