freight costs

Insteel stock crashed 20% after Q2 earnings missed expectations. Despite 16.2% price increases and 7.5% sales growth, gross profit fell 32.7% as costs surged faster than pricing.

$FGI raises revenue guidance to $127–$131M but slashes 2024 profit outlook to negative $1M–breakeven due to freight costs and promotions.

Dollar Tree exceeded Q4 expectations with $2.56 EPS, converting 2,400 stores while opening 402 new locations. FY2026 guidance projects $6.50-$6.90 EPS and $20.5-20.7B sales.