Insteel Industries Fiscal Q3 Profit Jumps

Insteel Industries (IIIN -6.33%) reported its fiscal Q3 2025 earnings on July 17, delivering net income of $15.2 million ($0.78 per share), a gross margin expansion of 650 basis points to 17.1%, and a year-over-year shipment volume increase of 10.5%. The earnings call highlighted aggressive pricing actions, higher inventories, enhanced financial flexibility, strategic responses to tariff uncertainty, and improved integration of recent acquisitions, all against the backdrop of supply constraints and mixed co ...