{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-26-033167","form_type":"8-K","ticker":"IIIN","cik":"0000764401","company_name":"INSTEEL INDUSTRIES INC","filed_at":"2026-10-22T10:30:23+00:00","discovered_at":"2026-10-22T10:35:00.268066+00:00","generated_at":"2026-10-22T10:35:21.854329+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Insteel Q4 earnings fall to $0.40/share from $0.74 as gross margin compresses to 10.0%","bullets":["Q4 net earnings $7.7 million, or $0.40 per share, versus $14.6 million ($0.74 diluted) a year ago; included $0.7 million in welded wire consolidation restructuring charges ($0.03 EPS).","Q4 net sales $209.3 million, up 17.9% from $177.4 million; average selling prices rose 6.6% and shipments rose 10.6%, aided by an extra week in the fiscal calendar.","Gross profit fell to $21.0 million from $28.6 million as gross margin narrowed to 10.0% from 16.1% on higher raw material, freight and operating costs.","Fiscal 2026 EPS $1.51 versus $2.10; sales $739.5 million on 11.5% higher ASPs and 2.4% higher volume; operating cash flow $36.6 million.","FY2027 capex guided to about $30.0 million versus $11.8 million; debt-free with $37.5 million cash, $100 million revolver undrawn, and ~114,000 shares repurchased in FY2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-26-033167","json":"https://secwatch.observer/filing/0001437749-26-033167.json","markdown":"https://secwatch.observer/filing/0001437749-26-033167.md","text":"https://secwatch.observer/filing/0001437749-26-033167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/764401/000143774926033167/0001437749-26-033167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/764401/000143774926033167/iiin20261021_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-22T10:35:21.854329+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}