Loading…
Loading…
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Confirms Its Kloeckner Strategy Following Shareholder Vote.
In relation to the upcoming extraordinary general meeting (EGM) of Klöckner and Co SE (Kloeckner) and in response to investor inquiries, especially as it concern
COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel Issues Statement Ahead of Kloeckner & Co Extraordinary General Meeting.
On October 09, 2026, Worthington Steel Inc (WS) shares rose 4.1% to $36.05, trading within a 52-week range of $27.22 to $49.17. This uptick comes despite a rece
Worthington Steel, Inc. is a value-added metals processor serving automotive, construction, energy, and industrial sectors. WS recently expanded its North American and European footprint with the Kloeckner acquisition, increasing operational depth. I downgraded WS from Buy to Hold in December due to patchy demand, margin pressures, and skepticism about electrical steel investments.
Worthington Steel, Inc. ( WS ) Q1 2027 Earnings Call October 7, 2026 8:30 AM EDT Company Participants Melissa Dykstra - Vice President of Corporate Communication & Investor Relations Geoffrey Gilmore - CEO, President & Director Timothy Adams - VP & CFO Conference Call Participants Samuel McKinney - KeyBanc Capital Markets Inc., Research Division John Tumazos - John Tumazos Very Independent Research, LLC Martin Englert - Seaport Research Partners Presentation Operator Thank you. Good morning, and welcome to Worthington Steel's First Quarter Fiscal Year 2027 Earnings Call.
Worthington Steel missed on earnings last night. The steel company made a major acquisition in Germany that helped to triple its quarterly sales.
Worthington Steel NYSE: WS reported first-quarter fiscal 2027 results that included Kloeckner for the first time following the June 3 acquisition, as management highlighted progress toward integrating the German metals distributor and processor amid a tight steel supply environment.