{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-032051","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.680793+00:00","generated_at":"2026-06-08T04:17:05.562729+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Friedman Industries Q2 net earnings $3.5M ($0.48 EPS); sales volume up 10%","bullets":["Net earnings $3.5M ($0.48 diluted EPS) vs $2.5M ($0.34) YoY; sales $130.7M down from $149.7M on lower steel prices.","Sales volume increased 10% to ~129,000 tons; flat-roll segment operating profit $3.1M vs loss $1.1M.","HRC price declined ~25% in quarter, but hedging gains of $4.4M offset margin compression.","Outlook: multiple domestic steel producers announced ~$300/ton HRC price increases; expects margin improvement in H2.","Strategic growth: Decatur aims for 8,000 tons/month, Sinton 10,000; Granite City second line operational."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-032051","json":"https://secwatch.observer/filing/0001437749-23-032051.json","markdown":"https://secwatch.observer/filing/0001437749-23-032051.md","text":"https://secwatch.observer/filing/0001437749-23-032051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774923032051/0001437749-23-032051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774923032051/frd20231114_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T04:17:05.562729+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":[{"claim_id":"f9ab9862ea7172c9ef1b66792d512b0811fdc185","claim":"FRIEDMAN INDUSTRIES INC reported financial results for its second fiscal quarter ended September 30, 2023.","evidence_excerpt":"On November 14, 2023, Friedman Industries, Incorporated (“Friedman” or the “Company”) issued a press release announcing its financial results for its second fiscal quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/39092/000143774923032051/0001437749-23-032051-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"its second fiscal quarter ended September 30, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}