Insteel Q4 FY26 Earnings Fall to $7.7M as Gross Margin Compresses
Insteel reported Q4 FY26 net earnings of $7.7 million, or $0.40 per share, versus $14.6 million, or $0.74, a year earlier. Net sales rose 17.9% to $209.3 million, while gross margin fell to 10.0% from 16.1% on higher raw material and freight costs.
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10:33:27 AM UTC
SquawkNews
Insteel reported fourth-quarter fiscal 2026 net earnings of $7.7 million, or $0.40 per diluted share, compared with $14.6 million, or $0.74 per diluted share, a year earlier. Net sales rose 17.9% to $209.3 million, while gross profit fell to $21.0 million and gross margin narrowed to 10.0%. For fis…
Insteel posted net earnings of $7.7M, or $0.40 per share, for Q4 FY26, down from $14.6M, or $0.74 per share, a year earlier. Net sales rose 17.9% to $209.3M. Gross margin declined to 10.0% from 16.1%, reflecting higher raw material and freight costs.