Highest-materiality recent filing
Insteel declares $0.03 quarterly dividend; payable June 26, 2026
Regular quarterly cash dividend of $0.03 per common share declared by Board on May 12, 2026.
Insteel Industries Q2 net earnings fall to $5.2M ($0.27/share) on weather-hit shipments
Net earnings $5.2M ($0.27 EPS) vs $10.2M ($0.52) a year ago; net sales $172.7M (+7.5% YoY).
Insteel Industries reports annual meeting voting results, all proposals approved
Directors Boxley and Lloyd elected to three-year terms; Zernikow elected to one-year term.
Insteel Industries declares regular quarterly dividend of $0.03 per share
Board declared regular quarterly cash dividend of $0.03 per share, payable March 27, 2026 to holders of record March 13, 2026.
Insteel Q1 net income jumps to $7.6M; pays $1.00 special dividend; closes equity offering for $53.6M
Net income $7.6M ($0.39/sh) vs $1.1M ($0.06); gross margin 11.3% vs 7.3%.
Insteel Industries: two directors to depart; board size cut from 9 to 8 then 7
Lead Director W. Allen Rogers II will not stand for re-election at the 2026 annual meeting.
Insteel Industries declares $1.00 special dividend plus $0.03 quarterly dividend
Regular quarterly cash dividend of $0.03 per share; special cash dividend of $1.00 per share.
Insteel Q4 net earnings surge to $14.6M ($0.74 EPS) from $4.7M ($0.24) YoY; net sales up 32%
Q4 net earnings $14.6M ($0.74 diluted EPS) vs $4.7M ($0.24) a year ago; net sales $177.4M (+32.1%).
Insteel Industries declares $0.03 quarterly dividend, payable Sept 26, 2025
Board declared regular quarterly cash dividend of $0.03 per share of common stock.
Insteel Industries reports Q3 2025 net earnings of $15.2 million, net sales of $179.9 million
Net earnings rose to $15.2 million ($0.78 per share) from $6.6 million ($0.34 per share) a year ago.
Insteel Industries declares $0.03 quarterly dividend, payable June 27
Quarterly cash dividend of $0.03 per share declared by board.
Insteel Q2 net earnings rise to $10.2M ($0.52/sh) on 26.1% sales growth
Net sales $160.7M, up 26.1% YoY; shipments +28.9%, avg selling prices -2.2%.
Insteel Industries appoints Eric Zernikow, former Nucor executive, to board of directors
Appointment effective Feb 28, 2025; term runs through 2027 annual meeting.
Shareholders approve Insteel 2025 Equity Incentive Plan with 800,000 new shares authorized
Stockholders approved the 2025 Plan at Feb 11, 2025 Annual Meeting.
Insteel declares $0.03 quarterly dividend, payable March 28, 2025
Regular quarterly cash dividend of $0.03 per share declared.
Insteel Industries Q1 net sales up 6.6% to $129.7M; EPS $0.06 flat YoY
Net income $1.1M ($0.06 per share) unchanged YoY; includes $1.0M restructuring & acquisition costs ($0.04 EPS drag).
Insteel appoints Blake K. Doyle as independent director effective Dec 6, 2024
Board expanded to eight members; Doyle to serve on Audit Committee.
Insteel Industries to close Warren, OH facility, cut 35 jobs, take $1.9M charge
Closing Warren, Ohio facility acquired via Engineered Wire Products purchase; moving manufacturing to other welded wire reinforcement plants.
Insteel declares $1.00 special dividend plus $0.03 regular quarterly dividend
Regular quarterly dividend of $0.03 per share declared, payable Dec 13, 2024 to holders of record Nov 29, 2024.
Insteel Industries acquires EWP for $70M; expands Midwest footprint
Purchase price approximately $70M, subject to inventory adjustment; funded from cash on hand.
Insteel Q4 net income $0.24/sh; net sales down 14.7% to $134.3M; fiscal 2024 EPS $0.99 vs $1.66
Q4 net income $4.7M ($0.24/sh) vs $5.6M ($0.29/sh) YoY; net sales $134.3M (-14.7%)
Insteel Industries declares $0.03 quarterly dividend payable Sept 27
Quarterly cash dividend of $0.03 per share declared.
Insteel Q3 net earnings drop to $6.6M; sales fall 12% on pricing pressure
Net earnings $6.6M ($0.34/sh) vs $10.6M ($0.54) prior year; gross margin narrowed to 10.6% from 12.3%.
Insteel Industries declares $0.03 quarterly dividend, payable June 28, 2024
Quarterly cash dividend of $0.03 per share declared by board.
Insteel Industries Q2 EPS $0.35; net sales $127.4M, down 19.9% YoY
Net earnings $6.9M ($0.35 diluted EPS) vs $5.1M ($0.26) a year ago; gross margin widened to 12.3% from 8.3%.
Insteel shareholders re-elect Thompson and Woltz, approve say-on-pay and auditor
G. Kennedy Thompson re-elected with 12,663,698 votes for, 4,574,291 withheld.
Insteel Industries declares regular $0.03 quarterly dividend
Dividend of $0.03 per share declared for Q1 2024.
Insteel Q1 net sales down 27% to $121.7M; EPS $0.06 vs $0.57 a year ago
Net sales fell 27.1% YoY to $121.7M; net income was $1.1M ($0.06/sh) vs $11.1M ($0.57/sh).
Insteel declares regular $0.03 and special $2.50 dividends; payable Dec 22, record Dec 8
Regular quarterly dividend of $0.03 per share declared.
Insteel Q4 net income $5.6M ($0.29/sh); net sales down 24.3% YoY
Net sales $157.5M, down 24.3% YoY; shipments up 4.9% but average selling prices dropped 27.8%.
Insteel Industries declares $0.03 quarterly dividend, payable Sept 29
Quarterly cash dividend of $0.03 per share declared, unchanged from prior quarter.
Insteel Industries Q3 FY2023 EPS falls to $0.54 from $1.96 YoY; revenue down 27% to $165.7M
Net earnings $10.6M ($0.54/diluted share) vs $38.6M ($1.96) in prior-year quarter.
Insteel declares regular quarterly cash dividend of $0.03 per share
Dividend of $0.03 per share declared, payable June 30, 2023.
Insteel Q2 earnings drop 87% to $0.26/share; sales down 25% on destocking
Net earnings $5.1M ($0.26 per share) vs $39.0M ($1.99) a year ago; gross margin fell to 8.3% from 26.8%.
Insteel Industries VP and Chief Legal Officer James F. Petelle to retire early FY2024
James F. Petelle, Vice President, Secretary and Chief Legal Officer, notified company of his plan to retire as officer and employee.
Insteel extends $100M revolver maturity to 2028, switches to SOFR
Extended $100M revolving credit facility maturity from May 15, 2024 to March 15, 2028.
Insteel Industries 2023 annual meeting: all proposals pass, directors elected
Directors Boxley, Lloyd, and Rogers elected with votes for: 13.2M, 16.1M, 8.2M respectively; Rogers had 8.1M votes withheld.
Insteel declares $0.03 quarterly dividend, payable March 31, 2023
Dividend of $0.03 per share declared by Board on February 14, 2023.
Insteel Industries Q1 earnings drop to $0.57/share from $1.18; sales down 6.5%
Net earnings $11.1M ($0.57 per share) vs $23.1M ($1.18) in prior year Q1.
Insteel CFO Mark Carano resigns; Scot Jafroodi named new CFO effective Jan 2, 2023
Mark A. Carano resigns as SVP, CFO and Treasurer effective Dec 30, 2022 to pursue other employment; no disagreement with company practices.
Insteel declares regular $0.03 and special $2.00 per share dividends
Regular quarterly cash dividend of $0.03 per share and one-time special cash dividend of $2.00 per share declared.
Insteel reports record FY2022 net earnings $125M ($6.37 EPS); Q4 EPS $1.24 vs $1.28
FY2022 record net earnings $125.0M ($6.37 diluted EPS) vs $66.6M ($3.41) prior year; net sales up 40% to $826.8M.
Insteel Industries declares $0.03 quarterly dividend payable Sept 30, 2022
Board declared regular quarterly cash dividend of $0.03 per share.
Insteel Industries Q3 EPS $1.96, sales $227.2M; both up sharply YoY
Net earnings $38.6M ($1.96 diluted EPS) vs $18.4M ($0.94) a year ago.
Insteel Industries raises salaries and CEO incentives for executives
CEO H.O. Woltz III salary raised to $700,000 (from $675,000); CFO Carano to $370,000 (from $345,000).
Insteel Industries declares $0.03 quarterly dividend, payable June 24, 2022
Regular quarterly cash dividend of $0.03 per share declared.
Insteel reports record Q2 net earnings of $39M ($1.99 EPS); sales up 53% YoY
Record Q2 net earnings of $39.0M ($1.99 diluted EPS) vs $14.9M ($0.76) a year ago.
Insteel Industries reports 2022 annual meeting voting results; all proposals approved
Jon M. Ruth elected to board with 16,120,817 votes for, 935,516 withheld.
Insteel Industries declares $0.03 quarterly dividend, payable March 25
Board declared a regular quarterly cash dividend of $0.03 per share.
Insteel Q1 revenue $178.5M record; EPS $1.18 up 181% YoY; special dividend $2.00
Record quarterly revenue of $178.5M, up 49.2% YoY; net earnings $23.1M ($1.18 diluted EPS).
On February 28, 2025, the Board of Directors (the “Board”) of Insteel Industries Inc. (the “Company”), upon the recommendation of the Nominating and Governance Committee of the Board, increased the size of the Board to nine members and appointed Eric J. Zernikow to serve as an independent director of the Company, effective immediately.
On March 27, 2023, James F. Petelle, Vice President, Secretary and Chief Legal Officer of Insteel Industries, Inc. (the “Company”) informed the Company of his intention to retire as an officer and employee of the Company at a date to be determined early in the Company’s fiscal year 2024.
Scot R. Jafroodi, the Company’s Vice President, Corporate Controller and Chief Accounting Officer, was named as Chief Financial Officer.
Mark A. Carano, Insteel’s Senior Vice President, Chief Financial Officer and Treasurer, has submitted his resignation from the Company to pursue employment with another company.
Max materiality 0.85 · Median 0.55 · Most common event dividend