Worthington Steel Inc. Reports Fiscal 2025 Net Sales Decline of $337.3 Million, EPS Drops to $2.19
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Worthington Steel Inc. reported a fiscal 2025 net sales decline of $337.3 million, totaling $3.093 billion, down from $3.431 billion in fiscal 2024. Operating income fell to $147 million from $194.5 million, and net earnings attributable to controlling interest decreased to $110.7 million from $154.7 million. Earnings per diluted share dropped to $2.19 from $3.11. The declines were attributed to a decrease in gross margin, reduced equity earnings at Serviacero Worthington, and increased selling, general, and administrative expenses.
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