{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-012485","form_type":"8-K","ticker":"IIIN","cik":"0000764401","company_name":"INSTEEL INDUSTRIES INC","filed_at":"2026-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.710066+00:00","generated_at":"2026-05-15T05:57:55.495637+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Insteel Industries Q2 net earnings fall to $5.2M ($0.27/share) on weather-hit shipments","bullets":["Net earnings $5.2M ($0.27 EPS) vs $10.2M ($0.52) a year ago; net sales $172.7M (+7.5% YoY).","Gross margin narrowed to 9.6% from 15.3% due to narrower spreads, lower volumes, higher costs.","Shipments fell 5.9% YoY due to widespread winter weather disruptions; management calls delays temporary.","Ended quarter with $15.1M cash and no debt; capex guidance up to ~$20M for fiscal 2026.","Management optimistic on nonresidential construction momentum and seasonal pickup."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-012485","json":"https://secwatch.observer/filing/0001437749-26-012485.json","markdown":"https://secwatch.observer/filing/0001437749-26-012485.md","text":"https://secwatch.observer/filing/0001437749-26-012485.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764401/000143774926012485/0001437749-26-012485-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764401/000143774926012485/iiin20260415_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:57:55.495637+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5e6755948bff844188ba9ea39fb971337911ad07","claim":"INSTEEL INDUSTRIES INC reported second quarter ended March 28, 2026 results: revenue $172.7 million, net income $5.2 million, EPS $0.27 per share.","evidence_excerpt":"financial results for its second quarter of fiscal 2026, ended March 28, 2026. Second Quarter 2026 Highlights ● Net earnings of $5.2 million, or $0.27 per share ● Net sales of $172.7 million ● Gross profit of $16.5 million, or 9.6% of net sales ● Net cash balance of $15.1 million and no debt outstanding as of March 28, 2026 ● Weather-driven volume decline, while","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/764401/000143774926012485/0001437749-26-012485-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended March 28, 2026"},{"label":"Revenue","value":"$172.7 million"},{"label":"Net income","value":"$5.2 million"},{"label":"EPS","value":"$0.27 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}