Worthington Enterprises Inc - Company Profile

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Worthington Enterprises Inc: Segment Analysis

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Business Description

Worthington Enterprises Inc (Worthington) is primarily engaged in the design and manufacture of products sold to consumers, primarily through retail channels, in the tools, outdoor living and celebrations market categories. Its product portfolio includes propane-filled cylinders, handheld torches, helium-filled balloon kits, specialized hand tools, and pressurized containment solutions for heating, cooking, and cooling applications. It also produces a wide array of highly specialized building products that primarily serve customers in the residential and non-residential construction markets. The company operates through three reportable business segments: Consumer Products, Building Products, and Other. In FY2025, the company recorded a capital expenditure of US$50.6 million. As of May 31, 2025, the company operated 15 manufacturing facilities.

Business Segments

Overview

Provider of pressurized containment solutions, serving essential end markets such as heating, cooking, cooling, and water. It also provides ceiling suspension systems and light gauge metal framing products through its unconsolidated joint ventures, WAVE and ClarkDietrich.

Performance

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Overview

Serves retail customers and end consumers in the tools, outdoor living, and celebrations market categories. The segment operates primarily through retail channels. The key brands associated with this segment include Balloon Time, Bernzomatic, Coleman (licensed), Garden-Weasel, General, Halo, Hawkeye, Level5, Mag-Torch, Pactool International, and Worthington Pro Grade.

Performance

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Overview

Includes various assets and liabilities maintained at the corporate level, and general corporate expenses that are not directly linked to our business operations. These administrative costs encompass public company and governance-related expenses that benefit the organization as a whole.

Performance

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Geographical Segments

Target Markets

Poland, Portugal, Norway, Austria, and Germany.

Performance

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Target Markets

The US and Canada.

Performance

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