FRD Friedman Industries Inc.

Friedman Industries, Inc. Promotes Robert Sparkman to Chief Executive Officer

Friedman Industries, Inc. (the “Company”) (NYSE - MKT Trading symbol: FRD) has promoted Robert Sparkman to Chief Executive Officer and President, effective April 1, 2017. Mr. Sparkman has served as the Company’s Chief Operating Officer and President since April 1, 2016. Mr. Sparkman previously served as Senior Vice President of Operations from April 2015 to March 2016, Vice President of Sales for the Company’s coil division between 2002 and March 2015 and has been employed by the Company since 1979, providing him with over 37 years of experience with both the Company’s coil and tubular divisions.

William E. Crow previously served as Chief Executive Officer of the Company until his retirement effective April 1, 2017. The Company expresses its gratitude to Mr. Crow for his 45 years of valuable contributions and loyal service to the Company. Mr. Crow continues to serve the Company as a director and as a consultant.

For further information regarding this press release, please contact Alex LaRue, Vice President – Secretary and Treasurer at (903)758-3431.

EN
04/04/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Friedman Industries Inc.

 PRESS RELEASE

Friedman Industries, Incorporated Announces Cash Dividend

Friedman Industries, Incorporated Announces Cash Dividend LONGVIEW, Texas, Dec. 16, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on December 16, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on February 13, 2026 to shareholders of record at the close of business on January 16, 2026. This dividend marks the Company’s 216th consecutive quarterly c...

 PRESS RELEASE

Friedman Industries, Incorporated Announces Second Quarter Results

Friedman Industries, Incorporated Announces Second Quarter Results LONGVIEW, Texas, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended September 30, 2025. September 30, 2025 Quarter Highlights: Net earnings of $2.2 millionSales of $152.4 million: up 43% year-over-yearHighest sales volume in Company history: up 28% year-over-year and up 12% quarter-over-quarterAcquisition of Century Metals & Supplies on August 29, 2025 “This quarter marks a significant milestone for Friedman, as we achieved...

 PRESS RELEASE

Friedman Industries, Incorporated Announces Cash Dividend

Friedman Industries, Incorporated Announces Cash Dividend LONGVIEW, Texas, Sept. 18, 2025 (GLOBE NEWSWIRE) -- The Board of Directors (the “Board”) of Friedman Industries, Incorporated, (NASDAQ/GS: FRD) a Texas-based company engaged in metals processing, pipe manufacturing, and metals distribution, declared on September 18, 2025, a cash dividend of $0.04 per share on the Common Stock of the Company. The Company will pay the cash dividend on November 14, 2025 to shareholders of record at the close of business on October 24, 2025. This dividend marks the Company’s 215th consecutive quarterly...

 PRESS RELEASE

Friedman Industries, Incorporated Expands with the Acquisition of Cent...

Friedman Industries, Incorporated Expands with the Acquisition of Century Metals and Supplies, Inc. Geographic expansion into southeastern U.S. and Latin American marketsImproved diversification of product mixAdditional processing capabilities LONGVIEW, Texas, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (“Friedman”) (NASDAQ/GS: FRD) announced today that it has acquired Century Metals and Supplies, Inc. (“Century Metals”) based in Miami, Florida. The acquisition includes working capital, buildings, processing and other equipment, and the related real estate. In ad...

 PRESS RELEASE

Friedman Industries, Incorporated Announces First Quarter Results

Friedman Industries, Incorporated Announces First Quarter Results LONGVIEW, Texas, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) announced today its results of operations for the quarter ended June 30, 2025. June 30, 2025 Quarter Highlights: Sales of $134.8 million with a 12% increase in tons sold year-over-yearNet earnings of $5.0 millionOperating cashflow of $15.5 million and debt reduction of $14.7 millionWorking capital balance of $117.5 million “We are pleased to start our new fiscal year with a strong first quarter performance,” said Michael...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch