Welcome to our dedicated page for Worthington news (Ticker: WOR), a resource for investors and traders seeking the latest updates and insights on Worthington stock.
Worthington Enterprises (WOR) delivers innovative metal processing solutions and sustainable energy systems across global markets. This news hub provides investors and industry professionals with direct access to official announcements, strategic developments, and financial updates from the diversified manufacturer.
Track the company’s progress in building products, consumer solutions, and clean energy technologies through curated press releases. Our repository includes verified updates on earnings reports, facility expansions, product launches, and partnership agreements – all essential for understanding WOR’s market position.
Discover how the company’s advancements in composite cylinder manufacturing and architectural metal systems impact key industries. Content is organized chronologically for efficient research, with clear sourcing for regulatory compliance. Bookmark this page for real-time insights into operational milestones and corporate strategy.
Worthington Industries reported fiscal Q3 2023 net sales of $1.1 billion, down 20% from $1.4 billion in Q3 2022. Net earnings were $46.3 million, or $0.94 per diluted share, lower than $56.3 million or $1.11 per share in the previous year. The decrease is attributed to lower selling prices, particularly in Steel Processing, amid declining steel prices. Operating income dropped to $30.1 million from $37.6 million. Despite challenges, the company anticipates continued demand in key markets and remains focused on its planned separation, the
The board of directors of Worthington Industries (NYSE:WOR) has announced a quarterly dividend of $0.31 per share, payable on June 29, 2023. This dividend is for shareholders recorded by June 15, 2023. Worthington has consistently paid quarterly dividends since going public in 1968, demonstrating its commitment to returning value to shareholders. The company operates 52 facilities across 15 states and nine countries, employing approximately 9,000 people. As a leader in industrial manufacturing, Worthington focuses on innovative solutions across various industries.
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