Worthington Steel, Inc. 8-K
Research Summary
AI-generated summary
Worthington Steel Reports Q2 Fiscal 2026 Results; Declares Dividend
What Happened
- Worthington Steel, Inc. filed an 8-K (filed Dec 19, 2025) reporting its unaudited results for the three months ended November 30, 2025 (second quarter of fiscal 2026). The company issued a news release on Dec 17, 2025, and held a conference call on Dec 18, 2025 to discuss results and its outlook for the next quarter.
- The company furnished the earnings news release, the conference call transcript, and an investor presentation as exhibits to the 8-K. The filings include both GAAP and non‑GAAP financial measures; the release and presentation provide explanations and reconciliations to the most comparable GAAP measures.
Key Details
- Dividend: Board declared a quarterly cash dividend of $0.16 per common share (declared Dec 17, 2025), payable March 27, 2026 to shareholders of record as of March 13, 2026.
- Filings: Earnings news release (Exhibit 99.1), conference call transcript (Exhibit 99.2), investor presentation (Exhibit 99.3), and dividend release (Exhibit 99.4) were furnished with the 8-K.
- Dates: Financial release issued Dec 17, 2025; conference call held Dec 18, 2025; 8-K filed Dec 19, 2025.
Why It Matters
- Quarterly results and the investor presentation give shareholders and analysts current operating and financial information for Q2 fiscal 2026; the supplied reconciliations let investors compare GAAP and non‑GAAP metrics.
- The declared $0.16 quarterly dividend is a concrete return of capital and signals the board’s decision to continue cash distributions to shareholders on the stated payment and record dates.