Friedman Industries INC

Friedman Industries achieved record annual sales volume and significant earnings growth for fiscal year 2026, driven by strategic acquisitions and operational execution.

Friedman Industries announced plans to expand its Sinton, Texas facility, adding laser cutting capabilities to enhance customer service and strengthen margins.

Friedman Industries, Incorporated announced strong third fiscal quarter results, reporting net earnings of $3.0 million on sales of $168.0 million, a 79% year-over-year increase.

Friedman Industries, Incorporated has amended its credit agreement, increasing its aggregate commitments from $125 million to $140 million.

Friedman Industries announced net earnings of $2.2 million on record sales of $152.4 million for its second fiscal quarter, driven by increased capacity utilization and a strategic acquisition.

Friedman Industries, Inc. files an amended 8-K to include financial statements and pro forma information for its August 2025 acquisition of Century Metals & Supplies, Inc.

Friedman Industries increased its asset-based lending facility to $140 million and reported significantly improved net earnings and sales for the nine months ended December 31, 2025, driven by increased sales volume and the Century Metals acquisition.

Friedman Industries reported significant increases in net sales and earnings for the second quarter and first half of fiscal 2026, driven by higher sales volume and the strategic acquisition of Century Metals & Supplies.

Friedman Industries reported a significant increase in net earnings and operating income for the first fiscal quarter of 2026, driven by higher sales volume and improved steel market conditions.

Friedman Industries' Q3 2025 results reveal a net loss despite hedging gains, influenced by declining sales volume and average selling prices.

Friedman Industries experienced a decrease in sales and profitability in the second quarter of fiscal year 2025, impacted by lower steel prices and reduced sales volume.

Friedman Industries experienced a decrease in sales and earnings in the first quarter of fiscal year 2025 due to lower sales volume and decreased average selling prices.

Friedman Industries achieved record annual sales of $646.9 million in fiscal 2026, driven by strategic growth and operational execution.

Friedman Industries, a steel manufacturer and processor, reported a substantial decrease in net earnings and sales for fiscal year 2025, navigating volatile steel prices with the aid of successful hedging strategies, while also extending its asset-based lending facility.

Friedman Industries files an amendment to its annual report on Form 10-K to address deficiencies in disclosure controls and procedures.

Friedman Industries achieved its second most profitable year in fiscal 2024, with a net income of $17.3 million, despite significant steel price fluctuations.

Friedman Industries COO Gaurav Chhibbar purchased 400 shares of common stock at $16.94 per share, increasing his direct beneficial ownership to 51,400 shares.

Friedman Industries' President and CEO, Mike J Taylor, increased his stake in the company by purchasing 400 shares of common stock.

Friedman Industries' President and CEO, Mike J Taylor, purchased 100 shares of common stock, signaling confidence in the company.

Friedman Industries COO Gaurav Chhibbar acquired 1,000 shares of common stock at $18.35 per share, increasing his direct beneficial ownership to 51,000 shares.

Friedman Industries' President and CEO, Mike J. Taylor, purchased 500 shares of common stock at $18.74 per share.

Friedman Industries Director Sandra Kay Scott has established a Rule 10b5-1 plan to acquire additional common stock in the company.

Friedman Industries, Inc. has announced its Annual Meeting of Shareholders will be held on September 22, 2026, to elect directors, vote on executive compensation, ratify auditors, and consider bylaw amendments.

Friedman Industries, Incorporated has filed its definitive proxy statement outlining proposals for its upcoming annual shareholder meeting, including director elections, executive compensation votes, and the approval of a new long-term incentive plan, against a backdrop of declining net earnings and total shareholder return.

Friedman Industries will hold its annual shareholder meeting on September 18, 2024, to elect directors, vote on executive compensation, ratify the selection of an accounting firm, and consider a bylaw amendment.

The Vanguard Group has reported a 0% beneficial ownership in Friedman Industries Inc. following an internal realignment.

De Lisle Partners LLP, a UK-based institutional investment manager, has disclosed a 5.9% beneficial ownership stake in Friedman Industries Inc. common stock.

Tontine Asset Associates, Tontine Capital Overseas Master Fund II, and Jeffrey L. Gendell have filed an exit Schedule 13G/A, reporting beneficial ownership below 5% of Friedman Industries' common stock.

Tontine Asset Associates, Tontine Capital Overseas Master Fund II, and Jeffrey L. Gendell have disclosed a combined 5.0% beneficial ownership stake in Friedman Industries Inc.

The Vanguard Group has reported a beneficial ownership of 5.05% in Friedman Industries Inc., holding 356,970 shares of common stock.

De Lisle Partners LLP has filed an amended Schedule 13G, reporting a 6.0% beneficial ownership stake in Friedman Industries Inc. as of December 31, 2024.