---
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"
generated_at: "2026-05-30T02:26:09.683172+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Friedman Industries reports Q2 net loss of $0.7M; sales down 18% YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-034585
- JSON: https://secwatch.observer/filing/0001437749-24-034585.json
- Plain text: https://secwatch.observer/filing/0001437749-24-034585.txt

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