Worthington Steel Q2 sales fall 9% to $739.0 million; earnings swing to profit
Worthington Steel reported fiscal second-quarter 2025 results for the three months ended November 30, 2024. Net sales fell 9% to $739.0 million, but operating income rose to $18.9 million from an operating loss a year earlier, and net earnings attributable to controlling interest reached $12.8 million, or $0.25 per diluted share, compared with a loss of $0.12 per share. The filing also reports the appointment of a new director and a quarterly dividend of $0.16 per share.
Key points
- Net sales of $739.0 million, down 9% from $808.0 million a year earlier, driven primarily by lower volumes and direct selling prices
- Operating income of $18.9 million, compared with an operating loss of $8.8 million in the prior-year quarter
- Diluted EPS attributable to controlling interest of $0.25, compared with a loss of $0.12; adjusted diluted EPS was $0.19 versus $0.11
- Scott Kelly appointed to the board on December 18, 2024; quarterly dividend of $0.16 per share payable March 28, 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 20, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.