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Stock impact report

Worthington Steel outlines AI-driven cost savings and market share gains amid ongoing automotive momentum [Seeking Alpha]

Worthington Industries, Inc. (WOR) 
Last worthington industries, inc. earnings: 3/26 06:55 am Check Earnings Report
Company Research Source: Seeking Alpha
CEO Geoffrey Gilmore welcomed the newly acquired Sitem team, stating, “We completed our acquisition of 52% of Sitem in June. To our Sitem teammates who may be on the call, we are thrilled to have Quick Insights Sitem expands Worthington Steel's global EV market reach; management expects growth, but integration presents FX and earnings challenges. Continued volume gains from new programs and contracts, yet faces macro uncertainty, input cost, and sector visibility risks. Management expects inventory holding losses, exposure to fluctuating steel prices, and persistent market uncertainty affecting volumes and margins. More Trending News Show less Read more
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