WS WI WORTHINGTON STEEL

Worthington Steel Declares Quarterly Dividend

The board of directors of Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend of $0.16 per common share. The dividend is payable on September 27, 2024, to shareholders of record September 13, 2024.

Worthington Steel will host a conference call to discuss its fiscal fourth quarter results at 8:30 a.m. ET on Thursday, June 27, 2024. A live webcast of the call will be available on the Investor Relations section of the Company’s website at and will be archived for one year.

Live Conference Call Schedule

Date:

Thursday, June 27, 2024

Start Time:

8:30 a.m. ET

Conference ID:

5714141

Toll-Free Dial-In Number:

888.510.2553

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About Worthington Steel

Worthington Steel (NYSE:WS) is a metals processor that partners with customers to deliver highly technical and customized solutions. Worthington Steel’s expertise in carbon flat-roll steel processing, electrical steel laminations and tailor welded solutions are driving steel toward a more sustainable future.

As one of the most trusted metals processors in North America, Worthington Steel and its 4,600 employees harness the power of steel to advance our customers’ visions through value-added processing capabilities including galvanizing, pickling, configured blanking, specialty cold reduction, lightweighting and electrical lamination. Headquartered in Columbus, Ohio, Worthington Steel operates 32 facilities in seven states and six countries. Following a people-first Philosophy, commitment to sustainability and proven business system, Worthington Steel’s purpose is to generate positive returns by providing trusted and innovative solutions for customers, creating opportunities for employees, and strengthening its communities.

Safe Harbor Statement

Worthington Steel wishes to take advantage of the Safe Harbor provisions included in the Private Securities Litigation Reform Act of 1995 (the “Act"). Statements by Worthington Steel which are not historical information constitute "forward looking statements" within the meaning of the Act. All forward-looking statements are subject to risks and uncertainties which could cause actual results to differ from those projected. Factors that could cause actual results to differ materially include risks, uncertainties and impacts described from time to time in Worthington Steel’s filings with the Securities and Exchange Commission.

EN
26/06/2024

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 PRESS RELEASE

Worthington Steel Reports Third Quarter Fiscal 2025 Results

COLUMBUS, Ohio--(BUSINESS WIRE)-- Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, today reported financial results for the fiscal 2025 third quarter ended February 28, 2025. Third Quarter Highlights (all comparisons to the third quarter of fiscal 2024): Net sales of $687.4 million decreased 15% compared to $805.8 million. Operating income of $18.3 million compared to $66.3 million. Net earnings attributable to controlling interest of $13.8 million compared to $49.0 million. Net earnings per diluted share attributable to controlling interest...

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