Insteel Industries Anticipates $15M FY2026 Capital Expenditure Amid Modest Q4 Gross Margin Improvement
Insteel Industries (NYSE:IIIN) expects to spend approximately $15 million on capital expenditures in fiscal year 2026 and aims for a modest improvement in its fourth-quarter gross margin. The company's CEO, H.O. Waltz, noted that despite underperforming financial expectations in Q3, the upturn in business activity remains intact.
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