Friedman Industries Expects Q4 Fiscal 2026 Sales Volumes To Remain Generally Consistent With Q3 Levels; Anticipates Sequential Improvement In Sales Margins Driven By Increases In Average Selling Prices As Co Enters Q4

OUTLOOK

Management expects fourth quarter fiscal 2026 sales volumes to remain generally consistent with third quarter levels. Management anticipates sequential improvement in sales margins driven by increases in average selling prices as we enter the fourth quarter.

"Friedman remains in a strong financial position with the flexibility to respond to changing market conditions," Taylor added. "We are encouraged by recent average selling price trends and believe our operating discipline, commercial initiatives, and risk management approach position us well to navigate the current environment. I am confident in our strategy, our team, and our ability to continue building long-term value for shareholders."