Worthington posts record sales, earnings
Sep 24, 2008 | 09:16 AM
| Corinna Petry
Worthington Industries Inc. achieved record earnings in its fiscal first quarter thanks largely to a wide spread between steel costs and selling prices
WORTHINGTON INDUSTRIES INC.(in thousands except per share) 200820071st qtr. ended Aug. 31Net sales$913,222$758,955Net income68,62420,168Per share0.860.24The Columbus, Ohio-based steel processor and framing manufacturer posted net income of more than $68.6 million for the three months ended Aug. 31, more than triple income of $20.2 million in the same period last year, on sales that jumped 20.3 percent....
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