20
Jul
21:07
Insteel Industries third-fiscal-quarter sales, earnings decline on-year
Insteel Industries’ third-fiscal-quarter net sales fell over 25% on-year, driving down year-to-date performance, Kallanish notes.
The firm posted Ebitda totaling $13.5 million on sales of $165.7m during the company’s FQ3 ending 1 July, below last year‘s Ebitda of $38.6m on sales of $227.2m. The performance in the third fiscal quarter last year remains the company’s best performance result on record.
“Given the lethargic market condit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous