OLYMPIC STEEL INC. overview

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has announced the promotion of Jerry Gideon to the newly created role of Vice President – Specialty Metals Sales. Mr. Gideon joined the Company in a commercial leadership role in 2010 as part of Olympic Steel’s Integrity Stainless acquisition. In 2014, he became General Manager for the Integrity Stainless facility in Streetsboro, Ohio. Mr. Gideon then moved into his most recent position as Commercial Director –...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Scott M. Zito to the newly created role of Vice President – Business Development. Mr. Zito joined Olympic Steel in 1983 as an Inside Sales Representative with a wide range of responsibilities. By the mid-1980s, Mr. Zito began traveling for the Company as one of its first Outside Sales Representatives, covering upstate New York and later the Southeastern U.S. By 1995, he had moved to...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2024. Fourth-Quarter Results Net income for the fourth quarter totaled $3.9 million, or $0.33 per diluted share, compared with net income of $7.4 million, or $0.64 per diluted share, in the fourth quarter of 2023. The results include $3.1 million of LIFO pre-tax income in the fourth quarter of 2024, compared with $5.3 million of LIFO pre-tax income...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, has announced the promotion of Brant Harbert to the role of General Manager for the Company’s three Bedford Heights, Ohio, and Dover, Ohio, facilities. Mr. Harbert’s predecessor, Kevin Miller, has been promoted to a new leadership role within the organization. Mr. Harbert joined the Company in 2014 as an Inside Sales Representative for Olympic Steel’s Bedford Heights and Dover facilities before moving into his...

Olympic Steel, Inc. (Nasdaq: ZEUS) , a leading national metals service center, intends to release its fourth-quarter 2024 financial results after the market closes on February 20, 2025. A webcast to discuss these results will be held on Friday, February 21, 2025, at 10:00 a.m. Eastern Time. Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer; Andrew Greiff, President and Chief Operating Officer; and Richard A. Manson, Chief Financial Officer. To access the...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed. Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll...

Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended June 30, 2023. Net income for the second quarter totaled $15.0 million, or $1.30 per diluted share, compared with net income of $37.6 million, or $3.26 per diluted share, in the second quarter of 2022. The results include $1.0 million of LIFO pre-tax income in the second quarter of 2023, compared to no LIFO adjustment in the second quarter of 2022. Adjusted...

Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced several recent leadership changes related to the Company’s fabrication growth strategy. Edward ‘Max’ Fitzgerald Welcomed as Vice President – Fabrication Max Fitzgerald has joined the Company in the newly created role of Vice President – Fabrication. In this role, Mr. Fitzgerald will lead the execution of Olympic Steel’s fabrication strategy – a key element of the Company’s growth...