Worthington Industries, Inc. Reports Unaudited Consolidated Impairment of Goodwill and Long-Lived Assets for the Three Months Ended May 31, 2019
Jun 26 19
Worthington Industries, Inc. reported unaudited consolidated impairment of goodwill and long-lived assets for the three months ended May 31, 2019. For the period, the company reported impairment of goodwill and long-lived assets of $5,436,000 against $52,919,000 a year ago.
Worthington Industries, Inc. Reports Earnings Results for the Fourth Quarter Ended May 31, 2019
Jun 26 19
Worthington Industries, Inc. announced earnings results for the fourth quarter ended May 31, 2019. For the fourth quarter, the company announced sales was USD 938.842 million compared to USD 1,020.460 million a year ago. Operating income was USD 32.012 million compared to USD 4.563 million a year ago. Net income was USD 37.738 million compared to USD 30.769 million a year ago. Basic earnings per share was USD 0.68 compared to USD 0.52 a year ago. Diluted earnings per share was USD 0.66 compared to USD 0.5 a year ago. For the full year, sales was USD 3,759.556 million compared to USD 3,581.620 million a year ago. Operating income was USD 144.764 million compared to USD 141.610 million a year ago. Net income was USD 153.455 million compared to USD 194.794 million a year ago. Basic earnings per share was USD 2.68 compared to USD 3.2 a year ago. Diluted earnings per share was USD 2.61 compared to USD 3.09 a year ago.
Worthington Industries, Inc. Declares Quarterly Dividend, Payable on Sept. 27, 2019; Appoints David P. Blom to its Board
Jun 26 19
The board of directors of Worthington Industries, Inc. has declared a quarterly dividend of $0.24 per share, an increase of $0.01 per share from the prior quarter. The dividend is payable on Sept. 27, 2019, to shareholders of record Sept. 13, 2019.
The board of directors also announced the appointment of David P. Blom to Worthington’s board of directors increasing the board to 11 members. Blom is president and CEO of OhioHealth. Blom will retire as president & CEO of OhioHealth on June 30, 2019. He joined the OhioHealth family of hospitals and health services in 1983 and since then has held progressive management positions. He currently is serving on the boards of SOC Telemed, Healthy Roster, Vizient, Kimball Midwest, the Columbus Partnership, Columbus Downtown Development Commission, Columbus Foundation, and was appointed to serve as a member of the Veterans Affairs Commission on Care.
Worthington Industries Intends To Seek Acquisitions
Jun 26 19
Worthington Industries, Inc. (NYSE:WOR) will look for acquisitions. "As we enter our new fiscal year, we expect to see continued positive momentum from our three-tiered strategy of growth through transformation, innovation and acquisitions," said John McConnell, Chairman and Chief Executive Officer.
Worthington Industries, Inc. to Report Q4, 2019 Results on Jun 26, 2019
Jun 7 19
Worthington Industries, Inc. announced that they will report Q4, 2019 results at 5:00 PM, Eastern Standard Time on Jun 26, 2019