UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 29, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-08399 WORTHINGTON INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Ohio 31-118 ...

Financial Data and Key Metrics Changes - Earnings per share (EPS) for Q3 was $0.27, down from $0.46 in the prior year quarter [7] - Consolidated net sales decreased by 13% to $764 million compared to the previous year [9] - Gross profit increased by $26 million to $116 million, with gross margin rising from 10.3% to 15.1% [10] - Adjusted EBITDA was $79 million, up from $57 million in the prior year [10] - Restructuring and impairment charges amounted to $36 million, or $0.48 per share, compared to a gain of $0.14 per share in the prior year [8] Business Line Data and Key Metrics Changes - Steel Processing net sales were $491 million, down 12% from Q3 2019, but total shipped tons increased by 36% [10] - Pressure Cylinders net sales were $271 million, down 7% from the prior year, with operating income down $9 million [11][12] - Equity income from joint ventures was $25 million, up $5 million from the prior year, primarily due to strong demand in the construction JV [12] Market Data and Key Metrics Changes - The automotive sector is expected to see a year-over-year decline in production of 30% to 40% due to COVID-19 impacts [21] - The company has not experienced a significant drop in demand yet but anticipates declines in the coming weeks [17] - The industrial products business is facing softness, particularly in European operations [12] Company Strategy and Development Direction - The company is focused on maintaining a strong balance sheet and prioritizing capital expenditures related to continuity of operations [14][16] - There is an emphasis on innovation and potential opportunistic M&A once market stability returns [20] - The company is prepared to navigate various scenarios, including a potential V-shaped recovery [29] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the significant negative impacts of COVID-19 on the economy and is committed to employee safety [6][15] - The company is optimistic about its ability to generate free cash flow even in declining markets [16] - Future demand is uncertain, particularly in the automotive sector, but management is hopeful for a rebound [17][33] Other Important Information - The company declared a $0.24 per share dividend for the quarter, payable in June 2020 [14] - Cash flow from operations was $87 million for the quarter, with free cash flow totaling $184 million for the first nine months [13] Q&A Session Summary Question: What is the expected impact on automotive production? - Management acknowledges the fluid situation and estimates a potential decline of 20% to 30% in automotive production, depending on when production restarts [22] Question: How will low oil prices affect the alternative fuels business? - Management indicates limited exposure to the alternative fuels market, suggesting minimal financial impact from low oil prices [24] Question: What are the expectations for capital expenditures? - Maintenance CapEx is expected to be around $25 million to $30 million, with a focus on preserving equipment [26] Question: Is there a possibility of a sharp economic recovery? - Management is preparing for various scenarios, including a potential V-shaped recovery, while maintaining operational readiness [29] Question: Will share buybacks be considered amidst uncertainty? - Management prioritizes protecting the balance sheet and maintaining dividends, with no plans for share buybacks at this time [36]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-08399 WORTHINGTON INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Ohio 31-118 ...

Worthington Industries, Inc. (NYSE:WOR) Q2 2020 Earnings Conference Call December 17, 2019 2:00 PM ET Company Participants Marcus Rogier - Treasurer, Investor Relations Officer Andy Rose - President Joseph Hayek - VP and Chief Financial Officer Conference Call Participants Martin Englert - Jefferies John Tumazos - Very Independent Research Phil Gibbs - KeyBanc Capital Markets Operator Good afternoon and welcome to the Worthington Industries Second Quarter Fiscal 2020 Earnings Conference Call. All participan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended August 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-08399 WORTHINGTON INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Ohio 31-11898 ...

Worthington Industries, Inc. (NYSE:WOR) Q1 2020 Results Earnings Conference Call September 25, 2019 2:00 PM ET Company Participants Sonya Higginbotham - VP, Corporate Communications John McConnell - Chairman and CEO Andy Rose - President Joseph Hayek - VP and CFO Conference Call Participants Martin Englert - Jefferies Phil Gibbs - KeyBanc Capital Markets John Tumazos - Very Independent Research Operator Good afternoon and welcome to the Worthington Industries First Quarter Fiscal 2020 Earnings Conference Ca ...

| --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------| | WORTHINGTON INDUSTRIES, INC. \n(Exact Name of Registrant as Ohio | Specified in its Charter) 31-1189815 | | (State or Other Jurisdiction of Incorporation or Organization) 200 Old Wilson Bridge Road, Columbus, Ohio | (I.R.S. Employer Identification No.) 43085 | | | | UNITED STATES SECURITIES AND EXCHANGE CO ...

Worthington Industries, Inc. (NYSE:WOR) Q4 2019 Results Earnings Conference Call June 27, 2019 10:30 AM ET Company Participants Marcus Rogier - Treasurer, IR John McConnell - Chairman & CEO Andy Rose - President Joseph Hayek - VP and CFO Conference Call Participants Martin Englert - Jefferies John Tumazos - John Tumazos Independent Phil Gibbs - KeyBanc Capital Markets Operator Good morning and welcome to the Worthington Industries Fourth Quarter Fiscal 2019 Earnings Conference Call. All participants will be ...