Worthington Steel Q3 net sales fall 15% to $687.4 million; EPS $0.27 vs $0.98
Worthington Steel reported fiscal 2025 third-quarter net sales of $687.4 million, down 15% from $805.8 million a year earlier, as lower volume and lower selling prices reduced gross margin. Net earnings attributable to controlling interest fell to $13.8 million, or $0.27 per diluted share, from $49.0 million, or $0.98, and the company also declared a $0.16 quarterly dividend.
Key points
- Net sales of $687.4 million vs $805.8 million in the prior-year quarter, down 15%
- Operating income of $18.3 million vs $66.3 million; $7.4 million of asset impairments were recognized
- Net earnings per diluted share of $0.27 vs $0.98; adjusted per diluted share of $0.35 vs $0.99
- Quarterly dividend of $0.16 per share, payable June 27, 2025, to holders of record on June 13, 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 March 21, 2025.
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.