23
Mar
20:19
Worthington Industries' profitability suffers from steel sales margins
Worthington Industries' earnings performance results for its third quarter of fiscal 2023 remain positive, but the company's profitability has declined in both a quarterly and year-to-date comparison.
In its third quarter ended 28 February, Worthington earned $50.26 million on sales of $1.1 billion, pushing the company’s year-to-date earning up to $135.01m. Kallanish understands that the company’s steel processing division suffered from lower n…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous