WOR revenue +19.7% on three acquisitions totaling $304M; buyback spend $43.7M, dividend raised

Filed July 30, 2026 · Period ending May 31, 2026 · Compared to 10-K Jul 30, 2025 · ~2 min read

Key Changes

• high

  Acquired LSI (Jan 2026), Hydrostat (Dec 2025), and Elgen (Jun 2025) for combined $304M, adding HVAC components and metal roofing clips to Building Products segment; pro forma FY26 revenue would have been $1.43B vs. reported $1.38B.

  Notes: Acquisitions verify on EDGAR →
• high

  Divested 49% stake in SES composite business for Hexagon Composites and Hexagon Purus shares, recognizing $2.95M loss plus $0.98M unrealized loss on the marketable securities; exit narrows portfolio to core pressurized containment.

  Notes: SES Divestiture verify on EDGAR →
• high

  Operating cash flow rose to $226.1M from $209.7M; repurchased 800k shares for $43.7M (vs. 700k for $30.9M prior year); quarterly dividend increased to $0.20 from $0.19, reflecting improved cash generation.

  MD&A: Cash Flow & Capital Allocation verify on EDGAR →