The company expects capital outlays for fiscal 2025 to total up to approximately $11.0 million, primarily focused on cost and productivity improvement initiatives. Management's Perspective H.O. Woltz III, President and CEO of Insteel, commented on the company's performance, highlighting the challenges faced due to reduced domestic capacity to produce steel wire rod, which impacted production schedules and customer demand. However, the company turned to international markets to fill the supply gap, which is expected to ease supply constraints moving forward. Despite these challenges, Woltz expressed confidence in the company's business outlook, noting that recent acquisitions have enhanced shipment volumes and improved competitive positioning. Future Outlook Looking ahead, Insteel Industries remains cautiously optimistic about its future performance.