{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-21-020722","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2021-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.391535+00:00","generated_at":"2026-06-29T08:30:04.877389+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Friedman Industries posts record Q1 net earnings of $11.3M ($1.64 EPS) vs year-ago loss","bullets":["Net sales surged to $65.9M from $23.5M YoY, driven by ~200% rise in hot-rolled steel prices.","Coil segment operating profit of $13.3M vs loss of $459K; tubular segment profit $2.6M vs $59K.","Company broke ground on new Sinton, TX facility (cost ~$21M, startup expected April 2022).","Decatur, AL stretcher leveler line commissioned March 2021; volume exceeded pre-COVID levels.","Guidance: margins remain strong; expects Q2 results to improve over Q1."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-21-020722","json":"https://secwatch.observer/filing/0001437749-21-020722.json","markdown":"https://secwatch.observer/filing/0001437749-21-020722.md","text":"https://secwatch.observer/filing/0001437749-21-020722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774921020722/0001437749-21-020722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774921020722/frd20210822_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T08:30:04.877389+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}