Worthington Industries(WOR) - 2026 Q2 - Earnings Call Presentation

Financial Performance - Consolidated net sales reached $327 million, a 19% increase year-over-year, driven by higher volumes in Building Products and contributions from Elgen[7] - Building Products achieved Adj EBITDA of $53 million in Q2, up from $47 million in the prior year, with a 25.5% Adj EBITDA margin[7] - Consumer Products reported Adj EBITDA of $15 million in Q2, flat compared to the prior year, with a 12.7% Adj EBITDA margin[7] - Free cash flow for Q2 was $39 million, with $12 million in capex spend, including $6 million related to facility modernization projects[7] - Adjusted EBITDA reached $60 million with a margin of 18.5% compared to $56 million with a margin of 20.5% in Q2 FY25[8] - Adjusted EPS was $0.65 compared to $0.60 in Q2 FY25[8] Capital Allocation - The company repurchased 250 thousand shares of common stock during Q2 for $14 million, at an average purchase price of $54.87, with 5.0 million shares remaining on the repurchase authorization as of November 30, 2025[7] - A dividend of $0.19 per share was declared, payable in March 2026[7] Strategic Initiatives - An agreement was made to acquire LSI Group, a manufacturer of commercial metal roof clips, accessories, and retrofit systems, for approximately $205 million, expected to close in January 2026[7] - The company's net sales are $1.3 Billion, with Adjusted EBITDA of $284 million[86]