Brian McNamara

Kathryn Thompson

Susan Maklari

Daniel Moore

Walter Liptak

Charles Perron-Piché

Dan Moore

John Tumazos

Will Seddon

- Worthington Enterprises reported strong financial performance in Q1 FY26, with **consolidated net sales increasing 18% year-over-year to $304 million** and **Adjusted EBITDA rising to $65 million** from $48 million in the prior year quarter, resulting in an **Adjusted EBITDA margin of 21.4%**.  **[108516_2155381:7]** **[108516_2155381:8]** 
- **Adjusted EPS grew to $0.74** in Q1 FY26, up from $0.50 in Q1 FY25.  **[108516_2155381:8]** 
- The company completed the acquisition of **Elgen Manufacturing** for approximately **$91 million** on **June 18, 2025**, and repurchased **100 thousand shares** of common stock for **$6 million** during the quarter.  **[108516_2155381:7]**

Worthington Enterprises Announces Strong Q1 FY26 Results and Strategic Acquisition

- Worthington Enterprises reported strong Q1 2026 financial results, with consolidated sales of **$304 million**, an **18%** increase year-over-year, and adjusted earnings of **$0.74** per share.  **[108516_2155781_3]**  Adjusted EBITDA grew **34%** to **$65 million**, achieving an adjusted EBITDA margin of **21.4%**.  **[108516_2155781_1]** **[108516_2155781_3]** 
- The **Building Products** segment was a key driver of growth, with sales increasing **32%** year-over-year to **$185 million**, partly due to the acquisition of Elgin Manufacturing, which contributed **$21 million** in sales.  **[108516_2155781_4]**  This segment recorded an adjusted EBITDA of **$58 million** with a **31.3%** margin.  **[108516_2155781_4]** 
- The company continued its strategic focus on acquisitions, integrating **Elgin Manufacturing** and **Ragasco**, and launched new products.  **[108516_2155781_1]**  Capital allocation included paying **$9 million** in dividends and repurchasing **100,000 shares** for **$6 million**.  **[108516_2155781_3]** 
- Profitability was impacted by a **$2.2 million** pre-tax purchase accounting charge related to Elgin's inventory.  **[108516_2155781_1]** **[108516_2155781_3]**  The company invested **$13 million** in capital expenditures, with **$35 million** remaining for facility modernization expected to be completed in fiscal 2026.  **[108516_2155781_3]**

Worthington Enterprises Reports Strong Q1 2026 Financial Results with Significant Growth in Sales and Adjusted EBITDA

- Worthington Enterprises reported **net sales of $303.7 million** for the first quarter of fiscal 2026, an **18% increase** compared to the prior year quarter.  **[108516_0001193125-25-213411_wor-ex99_1.htm:0]** 
- **Net earnings increased 45% to $34.8 million**, and **diluted EPS improved to $0.70** from $0.48 per share in the prior year quarter.  **[108516_0001193125-25-213411_wor-ex99_1.htm:0]** 
- **Adjusted EBITDA grew 34% to $65.1 million**, while **free cash flow decreased 12% to $27.9 million**.  **[108516_0001193125-25-213411_wor-ex99_1.htm:0]** 
- The company **acquired Elgen Manufacturing for $91.2 million** on June 18, 2025, and **declared a quarterly dividend of $0.19 per common share**.  **[108516_0001193125-25-213411_wor-ex99_1.htm:0]** **[108516_0001193125-25-213411_wor-ex99_2.htm:0]** 
- Worthington Enterprises also **repurchased 100,000 common shares for $6.3 million** during the quarter.  **[108516_0001193125-25-213411_wor-ex99_1.htm:0]**

Worthington Enterprises Reports Strong First Quarter Fiscal 2026 Results

WORTHINGTON ENTERPRISES (WOR)