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 operat ...

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 operat ...

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE:WOR) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 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 br ...

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 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 b ...

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 ap ...

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 a ...

Core Insights - Worthington Enterprises has successfully completed the acquisition of Hexagon Ragasco, a leader in lightweight LPG composite cylinders, enhancing its position in the global propane market [1][2] - The acquisition aligns with Worthington's commitment to advancing clean fuel usage, particularly in developing countries with limited infrastructure [1] - Worthington Enterprises has a long-standing history of prioritizing shareholder value and has consistently issued quarterly dividends since going public in 1968 [1][4] Company Overview - Worthington Enterprises operates in two primary segments: Building Products and Consumer Products, focusing on innovation and leadership [3] - The company offers a diverse range of products, including solutions for cooking, heating, cooling, and outdoor living, under well-known brands such as Coleman and Bernzomatic [3] - Headquartered in Columbus, Ohio, Worthington employs approximately 4,000 people across North America and Europe [4] Corporate Philosophy - The company adheres to a people-first philosophy, emphasizing the importance of treating employees, customers, and communities with respect [2][4] - Worthington engages in community development and sustainability efforts, reflecting its commitment to corporate citizenship [4]

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 wel ...

OSLO, Norway, May 29, 2024 /PRNewswire/ -- Hexagon Composites ASA (OSE: HEX.OL), announces the signing of two definitive agreements with Worthington Enterprises (NYSE: WOR). Sale of Hexagon RagascoWorthington Enterprises will acquire 100% of Hexagon Ragasco at an enterprise value of NOK 1,050 million. Depending on the full year 2024 performance of Hexagon Ragasco, the value may be adjusted between minus NOK 50 million to plus NOK 100 million.  Hexagon Ragasco is the market leader in LPG composite cylinders ...

COLUMBUS, Ohio, May 29, 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 signing of two definitive agreements with Hexagon Composites ASA (OSE: HEX.OL) of Norway. One agreement is to acquire 100 percent of Hexagon Ragasco and a second agreement is to sell 49 percent of Worthington's Sustainability Energy Solutions (SES) business segment to Hexagon Compos ...