Worthington Reports Best Fiscal Year in its History

Worthington Industries, Inc., reported net sales for the fourth quarter of fiscal 2021 totaling $978.3 million, a 60% increase over the comparable quarter in the prior year. The increase was driven by overall volume improvements in both Steel Processing and Pressure Cylinders and higher average direct selling prices in Steel Processing, the company said.

“We had an exceptional fiscal 2021 generating record fourth-quarter and annual earnings per share,” said Andy Rose, president and CEO. “While we benefitted from rising steel prices, we also saw robust demand across most of our businesses and joint ventures.”