Worthington Enterprises Files 8-K on Financials
Ticker: WOR · Form: 8-K · Filed: Jul 1, 2024 · CIK: 108516
| Field | Detail |
|---|---|
| Company | Worthington Enterprises, Inc. (WOR) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-results, sec-filing
Related Tickers: WOR
TL;DR
WORTHINGTON ENTERPRISES (WOR) filed an 8-K on 6/26 detailing financial results.
AI Summary
Worthington Enterprises, Inc. filed an 8-K on June 26, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits related to the period ending June 26, 2024. The company, formerly known as Worthington Industries Inc. and Worthington Steel Co., is incorporated in Ohio and headquartered in Columbus.
Why It Matters
This 8-K filing provides crucial updates on Worthington Enterprises' financial performance and operational results, which can influence investor decisions and market perception.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and does not appear to contain any immediate or significant risks.
Key Players & Entities
- WORTHINGTON ENTERPRISES, INC. (company) — Registrant
- Ohio (location) — State of Incorporation
- Columbus (location) — Principal Executive Offices City
- 200 West Old Wilson Bridge Road (address) — Principal Executive Offices Street
- 43085 (zip_code) — Principal Executive Offices Zip Code
- June 26, 2024 (date) — Date of earliest event reported
- 1934 Act (regulation) — SEC Act
- 001-08399 (commission_file_number) — SEC File Number
- 31-1189815 (tax_id) — IRS Employer Identification No.
- WORTHINGTON INDUSTRIES INC (company) — Former Company Name
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Worthington Enterprises, Inc.'s Results of Operations and Financial Condition, and to include Financial Statements and Exhibits.
On what date was the earliest event reported in this filing?
The earliest event reported in this filing was on June 26, 2024.
What is Worthington Enterprises, Inc.'s principal executive office address?
Worthington Enterprises, Inc.'s principal executive office is located at 200 West Old Wilson Bridge Road, Columbus, Ohio, 43085.
What are the former names of Worthington Enterprises, Inc. mentioned in the filing?
The filing mentions that the company was formerly known as WORTHINGTON INDUSTRIES INC and WORTHINGTON STEEL CO.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 1,002 words · 4 min read · ~3 pages · Grade level 12.4 · Accepted 2024-07-01 16:04:08
Filing Documents
- wor-20240626.htm (8-K) — 66KB
- wor-ex99_1.htm (EX-99.1) — 115KB
- 0000950170-24-079572.txt ( ) — 310KB
- wor-20240626.xsd (EX-101.SCH) — 23KB
- wor-20240626_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition . Worthington Enterprises, Inc. (the "Registrant") conducted a conference call on June 26, 2024, beginning at approximately 8:30 a.m., Eastern Daylight Time, to discuss the Registrant's unaudited financial results for the fourth quarter and fiscal year ended May 31, 2024. Additionally, the Registrant addressed certain issues related to the outlook for the Registrant and its subsidiaries and their respective markets for the coming months. A copy of the transcript of the conference call is furnished as Exhibit 99.1 to this Current Report on Form 8-K (this "Form 8-K"). The information contained in this Item 2.02 and in Exhibit 99.1 is being furnished pursuant to Item 2.02 and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, unless the Registrant specifically states that the information is to be considered "filed" under the Exchange Act or incorporates the information by reference into a filing under the Exchange Act or the Securities Act of 1933, as amended. The Registrant regularly discloses financial measures prepared and presented in accordance with accounting principles generally accepted in the United States ("GAAP") as well as non-GAAP financial measures. The Registrant believes non-GAAP financial measures provide additional information that allows for increased comparability of the performance of the Registrant's ongoing operations from period to period. During the conference call, the Registrant referred to free cash flow for the three months ended May 31, 2024. Free cash flow is a non-GAAP financial measure that management believes measures the Registrant's ability to generate cash beyond what is required for its business operations and capital expenditures. The following provides a reconciliation of net cash provided by operating activities (the most compa
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits : The following exhibits are included with this Form 8K: Exhibit No. Description 99.1 Transcript of Worthington Industries, Inc. Earnings Conference Call for Fourth Quarter of Fiscal 2024 (Fiscal Quarter ended May 31, 2024), held on June 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WORTHINGTON ENTERPRISES, INC. Date: July 1, 2024 By: /s/Patrick J. Kennedy Patrick J. Kennedy, Vice President - General Counsel and Secretary