{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-034585","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2024-11-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.742895+00:00","generated_at":"2026-05-30T02:26:09.683172+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Friedman Industries reports Q2 net loss of $0.7M; sales down 18% YoY","bullets":["Net loss of $0.7M ($0.10 diluted loss per share) vs net earnings of $3.5M ($0.48 EPS) a year ago.","Sales fell to $106.8M from $130.7M; total tons sold (inventory + toll) dropped 8% to 139,500 tons.","Flat-roll segment operating profit slipped to $2.7M from $3.1M; tubular segment had an operating loss of $0.6M.","Working capital $111.7M; debt reduced 22% during the quarter.","Outlook: expects slightly lower Q3 volume due to holidays and persistent margin pressure."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-034585","json":"https://secwatch.observer/filing/0001437749-24-034585.json","markdown":"https://secwatch.observer/filing/0001437749-24-034585.md","text":"https://secwatch.observer/filing/0001437749-24-034585.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774924034585/0001437749-24-034585-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774924034585/frd20241112_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T02:26:09.683172+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"}