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Stock impact report

Insteel Industries Inc (IIIN) Q1 2026 Earnings Call Highlights: Strong Earnings Growth Amid ... [Yahoo! Finance]

Insteel Industries, Inc. (IIIN) 
US:NASDAQ Investor Relations: investor.insteel.com
Company Research Source: Yahoo! Finance
First-Quarter Shipments: Increased 3.8% year over year; declined 9.7% sequentially from the fourth quarter. Average Selling Prices: Increased 18.8% year over year; unchanged sequentially from the fourth quarter. Gross Profit: Improved to $18.1 million from $9.5 million a year ago. Gross Margin: Expanded 400 basis points to 11.3% from 7.3% year over year; narrowed by 480 basis points sequentially. SG&A Expenses: Rose to $8.8 million or 5.5% of net sales from $7.9 million or 6.1% of net sales in the prior year. Effective Tax Rate: Decreased to 21% from 26.1% in the prior-year period. Cash Flow from Operations: Used $700,000 compared to providing $19 million last year. Net Working Capital: Used $16.6 million of cash, driven by a $34.5 million increase in inventories. Capital Expenditures: $1.5 million in the first quarter; full-year target of $20 million. Special Cash Dividend: $1.00 per share, totaling $19.4 million returned to shareholders. Share Buyback: $745,000 Show less Read more
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