- Worthington Steel fiscal third-quarter net earnings attributable to controlling interest fell 24.6% to $10.4 million.
- Net sales climbed 12% to $769.8 million.
- Operating income dropped to $3.1 million from $18.3 million.
- SG&A rose to $77.5 million, driven primarily by $15.4 million of professional fees tied to proposed Kloeckner acquisition.
- Board declared quarterly cash dividend of $0.16 per share, payable June 26, 2026; offer for Kloeckner targets cash consideration of EUR 11.00 per share with offer closing expected in second half of 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Worthington Steel Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001968487-26-000008), on April 09, 2026, and is solely responsible for the information contained therein.
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