From Pulse 2.0 · Amit Chowdhry · · 40s
Worthington Steel Q1 Revenue Surges
Worthington Steel's Q1 revenue jumps 212% to $2.73 billion after Kloeckner acquisition.
In brief
Worthington Steel's Q1 revenue jumps 212% to $2.73 billion after Kloeckner acquisition. Worthington Steel reported Q1 revenue of $2.73 billion, a 212% increase from $872.9 million due to Kloeckner acquisition. Originally reported by Pulse 2.0.
Worthington Steel
Worthington Steel reported fiscal 2027 Q1 net sales of $2.73 billion, a 212% increase from $872.9 million in the prior-year period.
Kloeckner Contribution
Kloeckner contributed approximately $1.77 billion of quarterly revenue, with net sales rising 9% year-over-year to $953.9 million excluding Kloeckner.
Financial Results
Operating income rose to $56 million, adjusted diluted EPS reached $0.57, and adjusted EBITDA hit $111 million.
Here's the gist
Worthington Steel reported Q1 revenue of $2.73 billion, a 212% increase from $872.9 million due to Kloeckner acquisition.
