Core Insights - Worthington Enterprises Inc. reported strong financial performance for the third quarter of fiscal 2026, achieving year-over-year growth in adjusted EPS and EBITDA for the sixth consecutive quarter, driven by solid organic growth and the acquisition of LSI Group [3][6]. Financial Highlights - Net sales increased by 24% to $378.7 million compared to $304.5 million in the third quarter of fiscal 2025 [4][6]. - Operating income rose to $31.5 million, up from $20.9 million, reflecting higher net sales and improved fixed cost absorption [4][8]. - Net earnings increased by 15% to $45.1 million, while adjusted net earnings grew by 7% to $48.5 million [4][6]. - Adjusted EBITDA grew by 15% to $84.6 million from $73.8 million in the prior year quarter [4][6]. - Earnings per share (EPS) on a fully diluted basis improved to $0.92 from $0.79, and adjusted EPS increased to $0.98 from $0.91 [4][6]. Segment Performance - The Building Products segment generated net sales of $223.9 million, a 35.8% increase over the prior year, driven by higher volumes and acquisitions [13]. - The Consumer Products segment reported net sales of $154.8 million, a 10.8% increase, attributed to higher volumes and average selling prices [14]. Cash Flow and Capital Management - Net cash provided by operating activities was $61.9 million, an 8% increase from $57.1 million in the prior year [4][6]. - Free cash flow improved to $48.1 million from $44.4 million [4][6]. - The company repurchased 100,000 common shares for $5.4 million and declared a quarterly dividend of $0.19 per share [6][12]. Acquisition and Strategic Outlook - The acquisition of LSI Group for approximately $205 million is expected to enhance the Building Products segment [6][12]. - The company is positioned for continued growth, focusing on innovative solutions and disciplined capital deployment to enhance shareholder value [15].

Core Viewpoint - Worthington Enterprises Inc. will hold its quarterly earnings conference call on March 25, 2026, to discuss its fiscal third quarter results, which will be released on March 24, 2026 [1]. Group 1: Earnings Conference Call Details - The earnings conference call is scheduled for Wednesday, March 25, 2026, at 8:30 a.m. ET [3]. - A live audio webcast registration is available, and a replay will be accessible approximately two hours after the call [2]. Group 2: Company Overview - Worthington Enterprises is a designer and manufacturer of brands that enhance everyday life, operating in two primary segments: Building Products and Consumer Products [4]. - The Building Products segment includes solutions for heating, cooling, cooking, construction, and water systems, while the Consumer Products segment focuses on tools, outdoor living, and celebrations [4]. - The company is headquartered in Columbus, Ohio, and employs around 4,000 people across North America and Europe [5]. Group 3: Corporate Philosophy and Community Engagement - Founded in 1955, Worthington Enterprises follows a people-first philosophy, prioritizing shareholder earnings through employee empowerment and innovation [6]. - The company actively engages with local communities through volunteer efforts and workforce development programs, and it reports annually on its corporate citizenship and sustainability initiatives [6].

Core Points - Worthington Enterprises Inc. declared a quarterly dividend of $0.19 per share, payable on March 27, 2026, to shareholders of record on March 13, 2026, marking a continuous dividend payment since its IPO in 1968 [1] - The board appointed Charles Chiappone as a new member, who brings extensive experience from his previous roles at Armstrong World Industries and Worthington Armstrong Venture [2][3] - The company will hold its quarterly earnings conference call on December 17, 2025, at 8:30 a.m. ET to discuss its fiscal second quarter results [3][5] Company Overview - Worthington Enterprises is a designer and manufacturer of market-leading brands that enhance everyday life, operating in two primary segments: Building Products and Consumer Products [6] - The Building Products segment includes solutions for heating, cooling, construction, and water systems, while the Consumer Products segment covers tools, outdoor living, and celebrations [6] - The company is headquartered in Columbus, Ohio, and employs approximately 6,000 people across North America and Europe [7] Corporate Philosophy and Community Engagement - Founded in 1955, Worthington Enterprises follows a people-first philosophy, prioritizing shareholder earnings while empowering employees to innovate and grow [8] - The company actively engages with local communities through volunteer efforts and workforce development programs, and it reports annually on its corporate citizenship and sustainability initiatives [8]

Core Viewpoint - Worthington Enterprises Inc. has published its annual Corporate Citizenship and Sustainability Report, highlighting its commitments and achievements in sustainability across the categories of People, Planet, Products, and Governance [1][2]. Group 1: Sustainability Achievements - The company aims to balance people, planet, and prosperity, achieving significant accomplishments in fiscal 2025 [2]. - Worthington Enterprises has reduced its environmental footprint by recycling or recovering 88% of total waste in FY25 [6]. - The company has avoided $6.05 million in costs through climate risk mitigation actions over the last three fiscal years [6]. - Worthington Enterprises contributed $3.1 million to 73 non-profit organizations, including the West Africa Clean Cooking Fund [6]. Group 2: Corporate Governance and Standards - The Corporate Citizenship and Sustainability Report was developed in accordance with Global Reporting Initiative (GRI) Standards and incorporates elements from the Task Force on Climate-related Financial Disclosures (TCFD) and Sustainability Accounting Standards Board (SASB) [3]. - Company activities align with the United Nations Sustainable Development Goals (SDGs) [3]. Group 3: Employee Engagement and Safety - The company prioritizes safety, outperforming the industry's average safety total case incident rate by 40% [6]. - An annual employee engagement survey saw participation from 85% of the workforce [6]. - The company has reinvigorated its internal safety program to foster a culture of health and well-being [6]. Group 4: Business Segments and Operations - Worthington Enterprises operates primarily in two business segments: Building Products and Consumer Products [4]. - The Building Products segment includes HVAC components, construction solutions, and water solutions, while the Consumer Products segment covers tools and outdoor living [4]. - The company employs approximately 6,000 people across North America and Europe [5].

Company Overview - Worthington Enterprises (NYSE: WOR) is a designer and manufacturer of market-leading brands that enhance everyday life by improving spaces and experiences [3] - The company operates in two primary business segments: Building Products and Consumer Products [3] - The Building Products segment includes solutions for heating and cooling, cooking, construction, and water systems, while the Consumer Products segment focuses on tools, outdoor living, and celebrations [3] - Worthington Enterprises employs approximately 6,000 people across North America and Europe [4] Leadership and Strategy - President and CEO Joe Hayek and CFO Colin Souza will participate in a fireside chat at the Canaccord Genuity 45 Annual Growth Conference on August 12, 2025 [1][2] - The discussion will focus on the company's strategies for accelerating long-term growth and shareholder value through the Worthington Business System, which emphasizes innovation, transformation, and mergers and acquisitions (M&A) [2] Corporate Philosophy and Community Engagement - Founded in 1955, Worthington Enterprises follows a people-first philosophy, prioritizing shareholder earnings as its primary corporate goal [5] - The company empowers employees to innovate and grow within attractive markets, while also engaging with local communities through volunteer efforts and workforce development programs [5]