COLUMBUS, Ohio, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Worthington Enterprises Inc. (NYSE:WOR) is encouraging consumers, contractors, retailers and other users of pressure cylinders to follow the January 13, 2025, safety advisory issued by the U.S. Department of Transportation (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) regarding unsafe cylinders manufactured primarily by non-U.S. companies. Worthington Enterprises is the only American manufacturer of many sizes of steel cylinders, which are used for various critical infrastructure purposes such as cooking, home heating, refrigeration/cooling, foam insulation, sealants and adhesives. In its advisory, PHMSA described th

COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR), a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets, today reported results for its fiscal 2025 second quarter ended November 30, 2024. Second Quarter Highlights (all comparisons to the second quarter of fiscal 2024): Net sales of $274.0 million, decreased 8% driven by the deconsolidation of the former Sustainable Energy Solutions segment ("SES")Adjusted EPS of $0.60 from continuing operations (diluted), up 5% and adjusted EBITDA of $56.2 million, up 2%, despite lower net salesRepurchased 20

COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE:WOR) Board of Directors today declared a quarterly dividend of $0.17 per share. The dividend is payable on March 28, 2025, to shareholders of record on March 14, 2025. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, will hold its quarterly earnings conference call tomorrow at 8:30 a.m. ET. The Company will discuss its fiscal second quarter results, which will be released later today after the market closes. Plea

COLUMBUS, Ohio, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Wednesday, December 18 at 8:30 a.m. ET. The Company will discuss its fiscal second quarter results, which will be released after the market closes on December 17. Please click here to register for the December 18 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website approximately two hours after the completion of the call and will be archived for one year. LIVE CONFERENCE CALL DETAILS Date:Wednesday, December 18, 2024Webcast Link:ht

COLUMBUS, OHIO, Oct. 08, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE:WOR) Board of Directors today announced Joseph Hayek as the Company's next president and chief executive officer (CEO) effective Nov. 1, 2024. Hayek, who currently is the Company's executive vice president, chief financial and operations officer, will replace Andy Rose who is retiring. Worthington Enterprises Board of Directors Chairman John Blystone, said, "Joe is a proven leader with a deep understanding of the business, Worthington's culture and a demonstrated ability to capitalize on the opportunities ahead. We expect a seamless and effective transition as Joe has earned the respect of the Boar

COLUMBUS, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) reported net sales of $257.3 million and net earnings from continuing operations of $24.3 million, or $0.48 per diluted share, for its fiscal 2025 first quarter ended August 31, 2024. This compares to net sales of $311.9 million and net earnings from continuing operations of $26.8 million, or $0.54 per diluted share, in the first quarter of fiscal 2024. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $25.1 million for the first quarter of fiscal 2025, or $0.50 per diluted share, compared to $37.2 million, or $0.75 per diluted share, in the prior year comparable quarter.

COLUMBUS, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE:WOR) Board of Directors today declared a quarterly dividend of $0.17 per share. The dividend is payable on December 27, 2024, to shareholders of record on December 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, will hold its quarterly earnings conference call tomorrow at 8:30 a.m. ET. The Company will discuss its fiscal first quarter results, which will be released later today after the market closes.

COLUMBUS, Ohio, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR), a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, today published its annual Corporate Citizenship and Sustainability Report detailing the Company's commitments, management approach and achievements within four categories: People First, Process and Planet, Sustainable Products and Responsible Governance. Through the lens of sustainability, Worthington Enterprises aspires to achieve a balance of people, planet and prosperity to meet the needs of today without compromising tomorrow. Andy Rose, president and chief executiv

COLUMBUS, Ohio, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Wednesday, September 25 at 8:30 a.m. ET. The Company will discuss its fiscal first quarter results, which will be released after the market closes on September 24. Please click here to register for the September 25 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website approximately two hours after the completion of the call and will be archived for one year. LIVE CONFERENCE CALL DETAILS Date:   Wednesday, September 25, 2024Starting Ti

COLUMBUS, Ohio, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR), a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, has begun a modernization project at its Chilton, Wisconsin, campus where it manufactures Bernzomatic® and Mag-Torch® hand torches and fuel cylinders. A new 58,000-square-foot building and equipment will increase automation and production efficiencies, help ensure continued product quality and safety performance and allow for future expansion. Andy Rose, president and chief executive officer, Worthington Enterprises, said, "This is an investment in U.S. manufacturing,

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Canaccord Genuity reiterated coverage of Worthington Enterprises with a rating of Hold and set a new price target of $46.00 from $52.00 previously

Canaccord Genuity initiated coverage of Worthington Enterprises with a rating of Hold and set a new price target of $56.00

Goldman initiated coverage of Worthington Enterprises with a rating of Sell and set a new price target of $50.00

BMO Capital Markets initiated coverage of Worthington with a rating of Market Perform and set a new price target of $58.00

Seaport Global initiated coverage of Worthington Industries with a rating of Neutral

JPMorgan Chase & Co. upgraded Worthington Industries from Underweight to Neutral

4 - WORTHINGTON ENTERPRISES, INC. (0000108516) (Issuer)

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- Worthington Steel Inc. (NYSE:WS) will be added to the S&P SmallCap 600 effective prior to the open of trading on Friday, December 1, replacing Sleep Number Corp. (NASD: SNBR) which will be removed from the S&P SmallCap 600 effective before the open of trading on Monday, December 4. S&P SmallCap 600 constituent Worthington Industries Inc. (NYSE:WOR) is spinning off Worthington Steel in a transaction expected to be completed on December 1. Post spin-off, the parent Worthington Industries will remain in the S&P SmallCap 600 and will change its name to Worthington Enterprises Inc. It will also have a GICS sector change to Consumer Discretionary. Sleep Numb

NEW YORK, Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30: Carlyle Group Inc. (NASD: CG) will replace ICU Medical Inc. (NASD: ICUI) in the S&P MidCap 400. ICU Medical will replace PacWest Bancorp (NASD: PACW) in the S&P SmallCap 600. Banc of California Inc. (NYSE:BANC) is acquiring PacWest Bancorp in a deal expected to be completed soon, pending final closing conditions. Post-merger, Banc of California will remain in the S&P SmallCap 600. ICU Medical is more representative of the small-cap market space.WP Carey Inc. (NYSE: WPC) will replace Worthingt

COLUMBUS, Ohio, Jan. 05, 2023 (GLOBE NEWSWIRE) -- The board of directors of Worthington Industries, Inc. (NYSE:WOR), a leading industrial manufacturing company, today announced the appointment of John H. McConnell II, Worthington's vice president, Global Business Development, Sustainable Energy Solutions, to Worthington's board of directors, effective immediately, increasing the board to 12 members. John P. McConnell, executive chairman, intends to step down from the board in June 2023 in alignment with the Company's fiscal year-end. "I am pleased to welcome John H. to the board of directors," said Worthington's Executive Chairman John P. McConnell. "This is a natural opportunity for a tr

COLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR), a market-leading designer and manufacturer of innovative products and solutions that serve customers in the building products and consumer products end markets, today reported results for its fiscal 2025 second quarter ended November 30, 2024. Second Quarter Highlights (all comparisons to the second quarter of fiscal 2024): Net sales of $274.0 million, decreased 8% driven by the deconsolidation of the former Sustainable Energy Solutions segment ("SES")Adjusted EPS of $0.60 from continuing operations (diluted), up 5% and adjusted EBITDA of $56.2 million, up 2%, despite lower net salesRepurchased 20

COLUMBUS, Ohio, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Wednesday, December 18 at 8:30 a.m. ET. The Company will discuss its fiscal second quarter results, which will be released after the market closes on December 17. Please click here to register for the December 18 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website approximately two hours after the completion of the call and will be archived for one year. LIVE CONFERENCE CALL DETAILS Date:Wednesday, December 18, 2024Webcast Link:ht

COLUMBUS, Ohio, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) reported net sales of $257.3 million and net earnings from continuing operations of $24.3 million, or $0.48 per diluted share, for its fiscal 2025 first quarter ended August 31, 2024. This compares to net sales of $311.9 million and net earnings from continuing operations of $26.8 million, or $0.54 per diluted share, in the first quarter of fiscal 2024. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $25.1 million for the first quarter of fiscal 2025, or $0.50 per diluted share, compared to $37.2 million, or $0.75 per diluted share, in the prior year comparable quarter.

COLUMBUS, Ohio, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Wednesday, September 25 at 8:30 a.m. ET. The Company will discuss its fiscal first quarter results, which will be released after the market closes on September 24. Please click here to register for the September 25 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website approximately two hours after the completion of the call and will be archived for one year. LIVE CONFERENCE CALL DETAILS Date:   Wednesday, September 25, 2024Starting Ti

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) reported net sales of $318.8 million and a net loss from continuing operations of $31.5 million, or $(0.64) per diluted share, for its fiscal 2024 fourth quarter ended May 31, 2024. This compares to net sales of $368.8 million and net earnings from continuing operations of $50.1 million, or $1.01 per diluted share, in the fourth quarter of fiscal 2023. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $37.5 million for the fourth quarter of fiscal 2024, or $0.74 per diluted share, compared to $59.0 million, or $1.19 per diluted share, in the prior year comparable quarter. 

COLUMBUS, Ohio, June 12, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Wednesday, June 26 at 8:30 a.m. ET. The Company will discuss its fiscal fourth quarter results, which will be released after the market closes on June 25. Please click here to register for the June 26 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website approximately two hours after the completion of the call and will be archived for one year. LIVE CONFERENCE CALL DETAILSDate: Wednesday, June 26, 2024Starting Time: 8:30 a.m. ETConfere

COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE:WOR), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the closing of its planned acquisition of Hexagon Ragasco. The business is a global leader in lightweight, customizable LPG composite cylinders used for leisure, household and industrial applications.  Andy Rose, president and CEO, Worthington Enterprises, said, "We are excited to welcome the Hexagon Ragasco employees into Worthington Enterprises. We believe Hexagon Ragasco complements our existing cylinder business and accelerates our position in the global propane

COLUMBUS, Ohio, March 20, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) reported net sales of $316.8 million and net earnings from continuing operations of $22.0 million, or $0.44 per diluted share, for its fiscal 2024 third quarter ended February 29, 2024. This compares to net sales of $346.3 million and net earnings from continuing operations of $29.8 million, or $0.60 per diluted share, in the third quarter of fiscal 2023. On an adjusted basis, the Company reported net earnings from continuing operations of $40.2 million, or $0.80 per diluted share, for the current year quarter compared to adjusted net earnings from continuing operations of $39.9 million, or $0.81 pe

COLUMBUS, Ohio, March 05, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Thursday, March 21 at 8:30 a.m. ET. The Company will discuss its fiscal third quarter results, which will be released after the market closes on March 20. Please click here to register for the March 21 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website approximately two hours after the completion of the call and will be archived for one year. LIVE CONFERENCE CALL DETAILS Date:Thursday, March 21, 2024Starting Time:8:30 a.m. ETConferen

COLUMBUS, Ohio, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR), a designer and manufacturer of market-leading brands that help enable people to live safer, healthier and more expressive lives, today announced it is adding HALO™-branded pizza ovens, pellet grills, griddles and accessories to its portfolio of outdoor living products. As consumers increasingly seek new ways to elevate outdoor experiences, easy-to-prepare, high-quality food is a differentiator that can transform the experience, according to Steve Caravati, president, Consumer Products, Worthington Enterprises. "HALO's innovative pizza ovens, pellet grills and griddles are disrupting the outdoor cu