{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-020225","form_type":"8-K","ticker":"FRD","cik":"0000039092","company_name":"FRIEDMAN INDUSTRIES INC","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.968896+00:00","generated_at":"2026-05-19T11:43:26.412939+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Friedman Industries Q4 earnings $5.3M; FY2025 net income falls to $6.1M from $17.3M YoY","bullets":["Q4 2025 net earnings $5.3M ($0.76 diluted EPS) on sales $129.2M vs Q4 2024 net earnings $5.0M ($0.71) on sales $132.2M.","Fiscal 2025 net earnings $6.1M ($0.87 diluted EPS) vs $17.3M ($2.39) in fiscal 2024; sales down to $444.6M from $516.3M.","Record quarterly sales volume ~166,500 tons, up 5% YoY and 28% from Q3; steel prices rose 35% in Q4.","Hedging gains of $1.8M in Q4 and $7.6M for fiscal 2025 helped offset price volatility.","Outlook: Q1 FY2026 volume slightly lower due to downtime but expects improved margins."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-020225","json":"https://secwatch.observer/filing/0001437749-25-020225.json","markdown":"https://secwatch.observer/filing/0001437749-25-020225.md","text":"https://secwatch.observer/filing/0001437749-25-020225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/39092/000143774925020225/0001437749-25-020225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/39092/000143774925020225/frd20250612_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T11:43:26.412939+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"}