---
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"
generated_at: "2026-06-29T08:30:04.877389+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries posts record Q1 net earnings of $11.3M ($1.64 EPS) vs year-ago loss

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-020722
- JSON: https://secwatch.observer/filing/0001437749-21-020722.json
- Plain text: https://secwatch.observer/filing/0001437749-21-020722.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.