FRIEDMAN INDUSTRIES INC
For the period ended Aug 6, 2026. Filed Aug 6, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 6, 2026 · Filed Aug 6, 2026
Use the contents to explore the available documents and sections.
Contents
EX-99.1 · FLAT-ROLL SEGMENT OPERATIONS
FLAT-ROLL SEGMENT OPERATIONS
Flat-roll segment sales for the 2026 quarter totaled approximately $221.8 million, compared to approximately $124.1 million for the 2025 quarter.
Sales volume for the 2026 quarter consisted of approximately 175,000 tons from inventory and another 17,500 tons of toll processing, compared to approximately 132,500 tons from inventory and 19,000 tons of toll processing in the 2025 quarter. The increase in sales volume was driven by stronger customer demand, successful commercial initiatives to improve capacity utilization and the acquisition of Century.
The average selling price for inventory tons sold during the 2026 quarter was approximately $1,262 per ton, compared to approximately $926 per ton during the 2025 quarter. The combination of higher sales volumes, improved average selling prices and expanded gross margins drove operating earnings to approximately $24.7 million for the 2026 quarter, compared to approximately $8.8 million for the 2025 quarter.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.