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COLUMBUS, Ohio, October 23, 2026--Worthington Steel Confirms Its Kloeckner Strategy Following Shareholder Vote

Worthington Steel, Inc. (NYSE:WS) today announced that the proposed domination and profit and loss transfer agreement ("DPLTA") between Kloeckner & Co SE ("Kloeckner") and Worthington Steel GmbH, a

Kloeckner acquisition triples sales amid tight supply and rising rates.

Worthington Steel is a value-added metals processor serving automotive, construction, energy, and industrial sectors. Read more on WS stock here.

Worthington Steel looks like it earned a profit in Q1, but actually lost money.

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. The company re

Worthington Steel, Inc. has reported past first-quarter fiscal 2027 results showing revenue rising to US$2.73 billion but swinging from prior net income of US$36.8 million to a net loss of US$10 million, alongside adjusted earnings of US$0.57 per share and a declared quarterly dividend of US$0.16 per share payable in December 2026. The sharp increase in sales, mainly reflecting the Kloeckner & Co acquisition, did not convert into profitability, highlighting integration and cost pressures...

Worthington Steel, Inc. (WS) Q1 2027 Earnings Call October 7, 2026 8:30 AM EDTCompany ParticipantsMelissa Dykstra - Vice President of Corporate...
Investing.com -- Worthington Steel, Inc. (NYSE: WS) reported first-quarter fiscal 2027 results that fell short of analyst expectations, with shares declining 1.5% after hours on Wednesday following the announcement.

Worthington Steel posts mixed Q1 with Kloeckner adding revenue but EPS missing estimates as acquisition costs and debt weigh on results.

