净销售额 - Worthington Enterprises报告2024财年第四季度净销售额为3.188亿美元，较去年同期下降13.6%[1] - Worthington Enterprises第四季度净销售额为3.188亿美元，主要受到所有部门销量下降的影响[4] - Worthington Enterprises 2024年第四季度净销售额为31.88亿美元，较上年同期下降13.6%[26] - 消费品部门第四季度净销售额为1.253亿美元，较去年同期下降16%[10] - 建筑产品部门第四季度净销售额为1.536亿美元，较去年同期下降12%[11] 净利润 - 公司2024年第四季度净利润为亏损3.2亿美元，较上年同期净利润下降122.4%[26] - Worthington Enterprises 2024年第四季度每股基本亏损为0.65美元，较上年同期每股基本净利润下降144.8%[26] 调整后财务数据 - 财年2024第四季度调整后持续经营部门净收益为3750万美元，每股稀释收益为0.74美元[1] - 持续经营部门调整后EBITDA为6320万美元，较去年同期下降32.3%[3] - 持续经营部门调整后每股稀释收益为0.74美元，较去年同期下降37.8%[3] - 持续经营部门调整后营业收入为580万美元，较去年同期下降22.8%[5] - Worthington Enterprises, Inc. 2024年第一季度调整后的净利润为37,508千美元[30] - Worthington Enterprises, Inc. 2024年第一季度调整后的净利润率为20.9%[30] - Worthington Enterprises, Inc. 2024年第一季度调整后的EBITDA为63,168千美元[31] - Worthington Enterprises, Inc. 2024年第一季度调整后的EBITDA利润率为19.8%[31] - Worthington Enterprises, Inc. 2024年第一季度消费品部门的调整后EBITDA为17,061千美元[31] - Worthington Enterprises, Inc. 2024年第一季度WAVE的股权收入为27,534千美元[31] - Worthington Enterprises, Inc. 2024年第一季度ClarkDietrich的股权收入为11,560千美元[31] - Worthington Enterprises, Inc. 2024年第一季度其他部门的调整后EBITDA为-5,521千美元[31] - 2024年5月31日，公司的调整后EBITDA为63,168千美元[33] - 调整后EBITDA较去年同期下降了32,567千美元[33] - 调整后EBITDA较去年同期下降了34.1%[33]

财务数据和关键指标变化 - 第四季度调整后EBITDA为6300万美元，调整后每股收益为0.74美元 [4] - 第四季度GAAP持续经营亏损为每股0.64美元，而去年同期为每股收益1.01美元 [10] - 第四季度净销售额为3.19亿美元，同比下降13.6% [11] - 第四季度毛利率为24.8%，去年同期为25.5% [12] - 第四季度调整后EBITDA为6300万美元，去年同期为9400万美元 [12] - 第四季度经营活动现金流为4500万美元，自由现金流为3400万美元 [12] - 第四季度末长期债务为2.98亿美元，现金为2.44亿美元 [13] - 第四季度每股股息为0.17美元，较上一季度增长6% [14] 各条业务线数据和关键指标变化 - **消费者产品**：第四季度净销售额为1.25亿美元，同比下降16.3%，调整后EBITDA为1700万美元，EBITDA利润率为13.6% [15] - **建筑产品**：第四季度净销售额为1.54亿美元，同比下降12%，调整后EBITDA为5200万美元，EBITDA利润率为33.6% [17] - **可持续能源解决方案**：第四季度净销售额为4000万美元，调整后EBITDA为100万美元 [19] 各个市场数据和关键指标变化 - **消费者产品**：第四季度销量同比下降17.9%，主要受户外生活产品销量下降影响 [15] - **建筑产品**：第四季度销量下降，尤其是大型供暖市场，但水业务和冷却建筑产品销量有所改善 [17] 公司战略和发展方向和行业竞争 - 公司通过收购Hexagon Ragasco和与Hexagon Composites成立合资企业，进一步执行战略，增强创新能力和全球市场扩展 [4][5][6] - 公司将继续通过创新、并购和业务系统转型来实现加速增长 [7] - 公司专注于提升创新能力，推出更多可持续技术产品 [8] - 公司将继续作为资本的谨慎管理者，进行新投资和资本再配置以实现长期价值创造 [9] 管理层对经营环境和未来前景的评论 - 管理层对公司团队的表现感到自豪，认为公司已成功转型为独立业务，并准备好通过创新和并购实现高于市场增长 [4] - 管理层认为消费者产品业务正在恢复正常需求模式，预计未来需求将有所回升 [15][57] - 管理层对建筑产品业务的去库存周期结束持乐观态度，预计需求将恢复正常季节性水平 [17] - 管理层认为可持续能源解决方案业务在与Hexagon Composites成立合资企业后，将迎来更好的发展前景 [19][45] 其他重要信息 - 公司完成了对Hexagon Ragasco的收购，并与其母公司Hexagon Composites成立了合资企业，专注于可持续能源解决方案业务 [5][6] - 公司将继续投资于设施现代化项目，预计在2027年初完成 [13] 问答环节所有提问和回答 问题: ClarkDietrich业务的价格和销量影响 - ClarkDietrich业务的价格压缩是主要因素，销量略有下降，但表现相对稳定 [23] - 管理层认为ClarkDietrich业务的利润率目前处于低谷，预计未来会有所改善 [25] 问题: 建筑产品业务的利润率变化 - 建筑产品业务的利润率下降主要受ClarkDietrich业务影响，但核心业务的利润率表现良好 [24] - 管理层认为建筑产品业务的利润率目前处于低谷，预计随着去库存周期的结束和需求恢复正常，利润率将有所回升 [25] 问题: Hexagon Ragasco收购的背景和协同效应 - Hexagon Ragasco是轻型复合液化石油气罐的全球市场领导者，收购将扩展公司的产品组合和全球市场 [27] - 管理层认为Hexagon Ragasco的自动化制造技术将有助于提升公司现有业务的效率 [28] 问题: 消费者产品业务的需求前景 - 管理层认为消费者产品业务的需求正在恢复正常，预计未来需求将有所回升 [32][33] 问题: WAVE和ClarkDietrich业务的需求和利润前景 - 管理层认为WAVE和ClarkDietrich业务的需求目前基本稳定，预计未来利润将保持稳定 [36][37] 问题: 可持续能源解决方案业务的合资企业对公司竞争力的影响 - 管理层认为与Hexagon Composites的合资企业将提升公司在可持续能源解决方案领域的竞争力，并带来长期增长机会 [43][45] 问题: Hexagon Ragasco产品的技术细节和市场定位 - Hexagon Ragasco生产的是Type 4复合材料气罐，主要用于欧洲市场的家庭供暖和烹饪，具有轻便和高性能的特点 [49][53] 问题: 消费者产品业务的销量下降原因和未来预期 - 管理层认为消费者产品业务的销量下降主要受季节性和库存调整影响，预计未来销量将恢复正常 [56][57] 问题: ClarkDietrich业务在钢价下跌背景下的利润率恢复时间 - 钢价下跌对ClarkDietrich业务的利润率影响存在几个月的滞后效应 [60] 问题: 公司整体的盈利能力展望 - 管理层认为公司目前的盈利能力处于低谷，未来通过业务改进、正常化运营环境和战略增长驱动因素，有望实现盈利增长 [62][63][64]

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $318.8 million and a net loss from continuing operations of $31.5 million, or $(0.64) per diluted share, for its fiscal 2024 fourth quarter ended May 31, 2024. This compares to net sales of $368.8 million and net earnings from continuing operations of $50.1 million, or $1.01 per diluted share, in the fourth quarter of fiscal 2023. On a non-GAAP basis, adjusted net earnings from continuing operat ...

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) reported net sales of $318.8 million and a net loss from continuing operations of $31.5 million, or $(0.64) per diluted share, for its fiscal 2024 fourth quarter ended May 31, 2024. This compares to net sales of $368.8 million and net earnings from continuing operations of $50.1 million, or $1.01 per diluted share, in the fourth quarter of fiscal 2023. On a non-GAAP basis, adjusted net earnings from continuing operat ...

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE:WOR) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading br ...

COLUMBUS, Ohio, June 25, 2024 (GLOBE NEWSWIRE) -- The Worthington Enterprises, Inc. (NYSE: WOR) Board of Directors today declared a quarterly dividend of $0.17 per share, which represents an increase of $0.01 per share or 6.25 percent from the prior quarter. The dividend is payable on September 27, 2024, to shareholders of record on September 13, 2024. The Company has paid a quarterly dividend since its initial public offering in 1968. Worthington Enterprises, a designer and manufacturer of market-leading b ...

COLUMBUS, Ohio, June 12, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE:WOR) will hold its quarterly earnings conference call Wednesday, June 26 at 8:30 a.m. ET. The Company will discuss its fiscal fourth quarter results, which will be released after the market closes on June 25. Please click here to register for the June 26 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company's website ap ...

COLUMBUS, Ohio, June 12, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises, Inc. (NYSE: WOR) will hold its quarterly earnings conference call Wednesday, June 26 at 8:30 a.m. ET. The Company will discuss its fiscal fourth quarter results, which will be released after the market closes on June 25. Please click here to register for the June 26 live audio webcast or visit IR.worthingtonenterprises.com. For those unable to listen live, a replay will be available in the Investors section of the Company’s website a ...

COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE:WOR), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the closing of its planned acquisition of Hexagon Ragasco. The business is a global leader in lightweight, customizable LPG composite cylinders used for leisure, household and industrial applications.  Andy Rose, president and CEO, Worthington Enterprises, said, "We are excited to welc ...

COLUMBUS, Ohio, June 03, 2024 (GLOBE NEWSWIRE) -- Worthington Enterprises (NYSE: WOR), a designer and manufacturer of market-leading brands that enable people to live safer, healthier and more expressive lives, today announced the closing of its planned acquisition of Hexagon Ragasco. The business is a global leader in lightweight, customizable LPG composite cylinders used for leisure, household and industrial applications.  Andy Rose, president and CEO, Worthington Enterprises, said, “We are excited to wel ...