Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates involves navigating inherent risks and volatility [1] Group 1: Company Overview - Insteel Industries (IIIN) is currently highlighted as a recommended growth stock by the Zacks Growth Style Score system, which evaluates a company's growth prospects beyond traditional metrics [2] - The company specializes in manufacturing steel wire reinforcing for the concrete and construction industry [3] Group 2: Earnings Growth - Insteel Industries has a historical EPS growth rate of 6.3%, but projected EPS growth for this year is significantly higher at 34.3%, surpassing the industry average of 26.8% [4] Group 3: Asset Utilization - The asset utilization ratio for Insteel Industries is 1.31, indicating that the company generates $1.31 in sales for every dollar of assets, which is above the industry average of 1.07 [6] - The company's sales are expected to grow by 18.2% this year, compared to the industry average of 11.4% [6] Group 4: Earnings Estimate Revisions - There has been a positive trend in earnings estimate revisions for Insteel Industries, with the current-year earnings estimates increasing by 19.8% over the past month [7] - This upward revision trend contributes to the company's Zacks Rank of 1 (Strong Buy) and a Growth Score of A, indicating strong potential for growth investors [9]

Group 1 - Insteel Industries, Inc. reported positive financial results for the first quarter of its 2025 fiscal year, leading to a favorable day for its shareholders [1] - The company operates in the steel industry, focusing on producing steel wire and related products [1] Group 2 - Crude Value Insights provides an investment service centered on oil and natural gas, emphasizing cash flow and growth potential [1] - Subscribers to Crude Value Insights benefit from a stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Financial Data and Key Metrics Changes - Net earnings for Q1 2025 were unchanged at $1.1 million or $0.06 per share, but adjusted net earnings increased to $0.10 per share after accounting for nonrecurring charges [8][12] - Shipments increased by 11.4% year-over-year but declined by 4.5% sequentially from Q4 2024, which is a smaller drop than usual [9][11] - Average selling prices decreased by 4.3% year-over-year but increased by 1.1% sequentially from Q4 2024 [11][12] - Gross profit improved to $9.5 million from $6.3 million a year ago, with gross margin expanding to 7.3% from 5.2% [11][12] Business Line Data and Key Metrics Changes - The increase in shipments was driven by higher order activity in commercial and infrastructure end markets, along with volumes from recent acquisitions [9][10] - SG&A expenses rose to $7.9 million or 6.1% of net sales, up from $6.4 million or 5.2% of net sales in the prior year [15][16] Market Data and Key Metrics Changes - The Architectural Billing Index (ABI) remained below 50 at 49.6, indicating a decline in business conditions, but stabilized after two years of decline [23] - The Dodge Momentum Index rebounded by 10.2% in December, with commercial planning increasing over 14%, indicating a positive outlook for nonresidential construction [24][25] Company Strategy and Development Direction - The company made two acquisitions during Q1 2025, which are expected to deliver solid returns and align with its capital allocation strategy [5][34] - The company is focused on integrating acquisitions efficiently to realize operating synergies and reduce risks [35] - Capital expenditures for the year are targeted at $22 million, aimed at broadening product offerings and enhancing production efficiency [36] Management's Comments on Operating Environment and Future Outlook - The management noted a material uptick in demand during Q1 2025 but remains cautious about sustainability due to seasonal weather impacts [28] - The company is monitoring the tightening domestic raw material supply and expects to see increased imports of wire rod to fill gaps [30][48] - Management expressed optimism about future infrastructure investments but acknowledged uncertainty in forecasting market conditions [79] Other Important Information - The company returned $19.4 million to shareholders through a special cash dividend and continued share buybacks [21][22] - The effective tax rate decreased slightly to 26.1% from 27.2% year-over-year, with expectations to run close to 23% for the remainder of the year [17][18] Q&A Session Summary Question: Demand trends and geographical/product line specifics - Management noted a substantial increase in shipments in November and December, with optimism in the market, but emphasized the difficulty in quantifying the impact of various factors [41][42] Question: Confidence in price increases and competitive pressures - Management indicated that they anticipated tightening domestic supply and proactively raised prices, expecting to see wire rod imports rise to fill supply gaps [46][48] Question: Integration of recent acquisitions - The integration of Engineered Wire Products was described as successful, with positive reception from employees and customers, and the company utilized its own systems for integration [50][54] Question: Revenue growth drivers for 2025 - Management expects revenue growth to be influenced by both acquisitions and potential increases in selling prices due to tight supply conditions [56][58] Question: Impact of tariffs and interest rates - Management believes tariffs have a more significant impact than interest rates, with the current tariff structure causing challenges but potentially benefiting the company if adjusted favorably [70][72] Question: Emerging opportunities in construction markets - Management stated that core markets driving business remain unchanged, with a focus on existing construction markets post-acquisition [74]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 28, 2024. or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to . Commission File Number: 1-09929 Insteel Industries Inc. (Exact name of registrant as specified in its charter) North Carolina 56-0674867 (State or other jurisdi ...

Company Performance - Insteel Industries reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of a loss of $0.03 per share, and up from earnings of $0.06 per share a year ago [1] - The earnings surprise was 433.33%, with the company having surpassed consensus EPS estimates two times over the last four quarters [2] - Revenues for the quarter ended December 2024 were $129.72 million, surpassing the Zacks Consensus Estimate by 9.24%, compared to $121.73 million in the same quarter last year [3] Market Performance - Insteel Industries shares have declined approximately 8.1% since the beginning of the year, while the S&P 500 has gained 1.2% [4] - The current Zacks Rank for Insteel Industries is 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.24 on revenues of $149.04 million, and for the current fiscal year, it is $1.11 on revenues of $604.84 million [8] - The outlook for the Wire and Cable Products industry, where Insteel operates, is currently in the bottom 7% of over 250 Zacks industries, which may impact stock performance [9]

Vice President, Chief Financial Officer and Treasurer Insteel Industries Inc. (336) 786-2141 INSTEEL INDUSTRIES REPORTS FIRST QUARTER 2025 RESULTS MOUNT AIRY, N.C., January 16, 2025 – Insteel Industries Inc. (NYSE: IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today reported financial results for its first quarter of fiscal 2025, ended December 28, 2024. First Quarter 2025 Highlights Exhibit 99.1 N ...

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-09929 INSTEEL INDUSTRIES INC. (Exact name of registrant as specified in its charter) North Carolina (State or other jurisdiction of incorporation ...

Insteel Industries, Inc. (NYSE:IIIN) Q4 2024 Earnings Conference Call October 17, 2024 10:00 AM ET Company Participants H.O. Woltz III - President and Chief Executive Officer Scot Jafroodi - Vice President, Chief Financial Officer and Treasurer Conference Call Participants Julio Romero - Sidoti & Company Tyson Bauer - Kansas City Capital Associates Operator Good morning, all, and thank you for joining us for the Insteel Industries Fourth Quarter 2024 Earnings Call. My name is Carly and I'll be your call coo ...

Insteel Industries (IIIN) came out with quarterly earnings of $0.24 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of steel wire reinforcing for the concrete and construction industry would post earnings of $0.38 per share when it actually produced earnings of $0.34, delivering a surprise of -10.53%. Over the last four quarters, the company has su ...