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0.00416569622359019 0 -0.00948261520545655 -0.00182997837298286 -0.0022758276493095 -0.00182997837298286 -0.0101480618865413 -0.0139743803027782
Stock impact report

Insteel Industries Q2 Earnings Call Highlights [Yahoo! Finance]

Insteel Industries, Inc. (IIIN) 
US:NASDAQ Investor Relations: investor.insteel.com
Company Research Source: Yahoo! Finance
net earnings down to $5.2 million (vs. $10.2M a year earlier) and shipments falling 5.9% year-over-year. Average selling prices rose , but rising wire-rod costs and higher unit conversion costs compressed spreads and drove gross margin down to ; management expects margins to recover in Q3 as recent price increases, higher operating rates, and favorable raw-material carrying values take effect. Section 232 tariffs and domestic mill curtailments have forced Insteel to import more wire rod, raising working capital roughly $45 million over the last 12 months; the company ended the quarter with $15.1 million in cash and no borrowings on its $100M revolver. Interested in Insteel Industries, Inc.? Here are five stocks we like better. Insteel Industries (NYSE:IIIN) reported weaker-than-expected second-quarter fiscal 2026 results, as management pointed to widespread winter weather disruptions, project delivery delays, narrowing spreads, and higher unit conversion costs as key headwinds Show less Read more
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