By Katherine Hamilton

Worthington Enterprises' building products business helped boost sales in the fiscal first quarter after it acquired Elgen Manufacturing.

The maker of building and consumer products on Tuesday posted a profit of $35.1 million, or 70 cents a share, in the quarter ended Aug. 31, compared with $24.3 million, or 48 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were 74 cents, ahead of the 70 cents anticipated by analysts, according to FactSet.

Revenue rose 18% to $303.7 million year over year. Analysts surveyed by FactSet forecast revenue of $291.8 million.

Sales were driven by higher volume in Worthington's building products business, which was bolstered by an extra $21 million in sales from its recent acquisition of HVAC parts manufacturer Elgen Manufacturing.

Its consumer products segment was still navigating a difficult macroeconomic environment, Chief Executive Joe Hayek said. Sales in that business increased about 1%, while building products revenue increased 32%.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

September 23, 2025 16:30 ET (20:30 GMT)

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