Earnings summaries and quarterly performance for FRIEDMAN INDUSTRIES.
Executive leadership at FRIEDMAN INDUSTRIES.
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Recent press releases and 8-K filings for FRD.
Friedman Industries Announces Strong Second Quarter Results and Acquisition
FRD
Earnings
M&A
Guidance Update
- Friedman Industries, Incorporated reported net earnings of $2.2 million and diluted earnings per share of $0.32 for the second quarter ended September 30, 2025.
- The company achieved sales of $152.4 million, representing a 43% year-over-year increase, and recorded its highest sales volume in Company history, up 28% year-over-year.
- The acquisition of Century Metals & Supplies was completed on August 29, 2025, which contributed to $0.9 million in non-recurring expenses during the quarter.
- For the third quarter of fiscal 2026, the company anticipates sales volume to remain consistent with second-quarter levels and expects margins to improve modestly.
Nov 10, 2025, 9:54 PM
Friedman Industries Announces Second Quarter Results
FRD
Earnings
Revenue Acceleration/Inflection
M&A
- Friedman Industries reported net earnings of $2.2 million for the quarter ended September 30, 2025, or $0.32 diluted earnings per share, a turnaround from a net loss of $0.7 million (or $0.10 diluted loss per share) in the same quarter last year.
- Sales for the quarter ended September 30, 2025, increased 43% year-over-year to $152.4 million, with sales volume reaching a company record, up 28% year-over-year.
- The company completed the acquisition of Century Metals & Supplies on August 29, 2025, which is expected to expand its product portfolio, processing capabilities, and geographic reach.
- For the third quarter of fiscal 2026, Friedman Industries anticipates sales volume to remain consistent with second-quarter levels, with margins expected to improve modestly due to anticipated increases in metals pricing.
Nov 10, 2025, 9:40 PM
Friedman Industries Acquires Century Metals and Supplies and Amends Credit Facility
FRD
M&A
Debt Issuance
New Projects/Investments
- Friedman Industries, Incorporated (FRD) completed the acquisition of Century Metals and Supplies, Inc. on September 2, 2025, for approximately $45.25 million in cash and a $3.5 million note, with a potential earn-out of up to $10 million.
- This acquisition is expected to be immediately accretive, expanding Friedman's geographic reach into the southeastern U.S. and Latin American markets, and diversifying its product mix and processing capabilities.
- Century Metals reported average annual revenues of approximately $111.0 million over the past three fiscal years.
- Concurrently with the acquisition, Friedman amended its credit facility on August 29, 2025, reducing aggregate commitments from $150 million to $125 million and extending the maturity date to August 29, 2030.
Sep 3, 2025, 6:03 PM
Friedman Industries Acquires Century Metals and Supplies, Inc.
FRD
M&A
New Projects/Investments
Revenue Acceleration/Inflection
- Friedman Industries announced the acquisition of Century Metals and Supplies, Inc., an all-cash purchase expected to be immediately accretive.
- Century Metals has generated average annual revenues of approximately $111.0 million over the past three fiscal years.
- This acquisition expands Friedman's geographic presence into the southeastern U.S. and Latin American markets, diversifies its product mix, and adds processing capabilities.
- Century Metals will continue to operate as a wholly owned subsidiary of Friedman.
Sep 2, 2025, 12:09 PM
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