Earnings ·
Worthington reports Q1 sales up 13% to $344 million; adjusted EBITDA rises 10% to $74 million
WORWorthington Enterprises, Inc.
Worthington Enterprises reported first-quarter fiscal 2027 results with consolidated sales increasing 13% to $344 million and adjusted EBITDA rising 10% to $74 million. GAAP earnings per share were $0.87, while adjusted EPS reached $0.82. The company generated $54 million in free cash flow and returned capital through $9 million in dividends and $18 million in share repurchases. On September 21, 2026, the Board approved a special leadership retention performance share award for CEO Joseph B. Hayek consisting of 150,000 shares subject to a five-year vesting period tied to a $100 average stock price and continuous employment. The Annual Meeting on September 22, 2026 resulted in the election of three directors and the ratification of KPMG LLP as auditor. Worthington Enterprises operates in the industrial manufacturing sector, producing metal products, valves, tanks, and related solutions for construction, energy, and consumer markets.