Worthington Steel, Inc. 8-K/A

What Happened Worthington Steel, Inc. filed an 8-K on July 10, 2026 to furnish a corrected financial release that supersedes the news release originally issued June 24, 2026 (filed June 25, 2026). The Corrected Financial Release adds additional long‑lived asset impairment charges related to certain asset groups within the Electrical Steel reporting unit and includes additional Bridge nonrevolving loan commitment costs that were inadvertently omitted from the original release. Management identified the impairment adjustments during year‑end internal control procedures; the loan commitment costs were excluded from the original release by mistake. The corrected release is attached as Exhibit 99.1 and the company updated its investor presentation on its website to reflect the corrections.

Key Details

• Correction filed via Form 8‑K on July 10, 2026; original release dated June 24, 2026 (previously furnished June 25).
• Adds additional long‑lived asset impairment charges for parts of the Electrical Steel reporting unit.
• Adds previously excluded Bridge nonrevolving loan commitment costs (inadvertent omission).
• Adjustments affect only the fourth quarter and full‑year fiscal 2026 results and do not change previously filed Forms 10‑Q or the company’s guidance, operational outlook, or business strategy for fiscal year ending May 31, 2027.

Why It Matters These corrections change Worthington Steel’s reported fourth‑quarter and full‑year 2026 financial results, which can affect reported profitability and related metrics for those periods. Management says the issues were identified through internal controls and that the company’s forward guidance and filings other than the corrected release are unchanged. Retail investors should review the corrected release and updated investor presentation on WorthingtonSteel.com to see the revised numbers before making investment decisions.