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Worthington Steel Reports Second Quarter Fiscal 2025 Results

Worthington Steel, Inc. Common Shares (WS) 
Company Research Source: Business Wire
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 second quarter ended November 30, 2024.Second Quarter Highlights (all comparisons to the second quarter of fiscal 2024):Net sales of $739.0 million decreased 9% compared to $808.0 million.Operating income of $18.9 million compared to operating loss of $8.8 million.Net earnings attributable to controlling interest of $12.8 million compared to net loss attributable to controlling interest of $6.0 million.Net earnings per diluted share attributable to controlling interest of $0.25 compared to net loss per dilutive share attributable to controlling interest of $0.12; Adjusted net earnings per diluted share attributable to controlling interest of $0.19 compared to $0.11.Adjusted EBIT of $14.3 million compared to $6.6 million.Executed a definitive agreement to acquire a controlling equity stake in Italy-based S Show less Read more
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