FRD reports record second-quarter fiscal 2026 sales and stronger earnings driven by flat-roll growth and the Century Metals acquisition.
FRD delivers robust first-quarter fiscal 2026 results with rising sales, stronger margins and a sharp swing to profitability in key segments.
Friedman Industries' margins remain flat despite Sinton running at full capacity, with no meaningful profitability improvement in 1Q25. Volume growth and higher hot rolled coil prices are positives, but margin pressure persists amid weak US economic expectations. Tariffs offer minimal benefit to Friedman, and a recession could further dampen demand and margins in this cyclical business.
FRD posts strong fourth-quarter fiscal 2025 with record sales volume and margin gains, but full-year results reflect earlier pricing pressures.
Friedman Industries posts a third-quarter fiscal 2025 loss as revenue declines, but backlog grows and debt drops.
Friedman Industries, Incorporated's Q3 2025 earnings show falling volumes and unprofitable operations, confirming trends observed since early 2024. The company's market cap is $120 million with a high P/E ratio, making its valuation difficult to justify. Friedman cannot cover interest costs at current volumes, but has sufficient net working capital to avoid immediate financial issues.
FRD faces declining sales and demand in second-quarter fiscal 2025, impacting its stock price.
Friedman Industries' (FRD) overall topline is hurt by a year-over-year decline in sales across both segments.
Find out why Zacks rates Friedman Industries as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore FRD's strategic expansions and financial health amid market challenges.
Friedman Industries' (FRD) overall topline in fourth-quarter fiscal 2024 benefits from revenue growth in both segments.