Friedman posts strong quarter on higher volumes, pricing momentum

NodeGuardian · 2026-02-11T20:44:37+00:00

Friedman Industries Inc. experienced strong fiscal Q3 sales and earnings growth from higher volumes and pricing, aided by the Century Metals acquisition and effective hedging. They anticipate steady Q4 volumes and improved margins.

NodeGuardian

2026-02-11 20:44:37

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Friedman Industries Inc. reported a strong fiscal third quarter, significantly increasing net sales and net earnings due to higher volumes and improved pricing across its flat-rolled and tubular segments. The acquisition of Century Metals and Supplies contributed to record sales and volumes, with the company’s hedging strategy helping to manage commodity-price volatility. Friedman expects consistent volumes in the fourth quarter and continued margin improvement due to rising average selling prices.

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