Welcome to our dedicated page for Art's-Way Manufacturing news (Ticker: ARTW), a resource for investors and traders seeking the latest updates and insights on Art's-Way Manufacturing stock.
Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) is a small, publicly traded manufacturer and distributor of equipment serving agricultural and research needs. Company news releases describe Art's Way as operating through two main segments: Agricultural Products and Modular Buildings. This news page aggregates coverage of those activities, with a focus on how market conditions and project execution affect the business.
Readers can find updates on Art's Way's agricultural equipment operations, including commentary on demand for products such as manure spreaders, forage boxes, high dump carts, bale processors, graders, land planes, sugar beet harvesters and grinder mixers. The company frequently discusses how commodity prices, farm income expectations, dealer inventory levels and interest rates influence orders and sales in this segment.
The news flow also highlights the Modular Buildings segment, where Art's Way manufactures and installs modular buildings for animal containment and laboratory or research uses. Recent releases emphasize strong demand in custom research and laboratory markets, large research projects in the backlog and the role of this segment in supporting consolidated results when agricultural markets are challenging.
In addition to segment performance, Art's Way news items cover topics such as the discontinuation and liquidation of its former Tools segment, changes in leadership roles, backlog trends and strategic priorities like cost reductions and operational improvements. Investors and observers can use this page to follow the company's reported sales trends, profitability commentary and management's discussion of the cyclical agricultural environment.
Art's Way (Nasdaq:ARTW) reported fiscal 2025 results with consolidated sales of $22.975M, down 6.2% from fiscal 2024, and net income from continuing operations of $1.035M. Operating expenses fell ~12.7% and EPS was $0.20 vs a loss of $0.02 prior year.
Modular Buildings grew sales 4.0% to $10.226M and remained profitable; Agricultural Products sales fell 13.1% to $12.749M. An Employee Retention Credit refund materially boosted 2025 net income.
Art's Way Manufacturing (Nasdaq:ARTW) reported Q3 fiscal 2025 consolidated sales of $6.43M (up 9.5% vs Q3 2024) and nine‑month sales of $17.91M (down 2.3% YoY). Nine‑month consolidated gross margin improved 1.2 percentage points and net income for the nine months was $1.68M, a $2.11M improvement aided by an Employee Retention Credit refund of $1.154M. Modular Buildings drove growth: Q3 sales +19.4% and nine‑month sales +21.4% with nine‑month gross margin +8.9pts. Agricultural Products saw weakness: nine‑month sales down 15.5% and gross margin down 3.4pts. Management cites inventory headwinds, higher steel/tariff costs, a planned 3–5% price pass‑through, and cautious optimism for improvement in 9–15 months.
Art's Way Manufacturing (NASDAQ:ARTW) reported its Q2 2025 financial results, demonstrating improved profitability despite challenging agricultural market conditions. The company posted Q2 2025 sales of $6.34M, a 5.8% decline from Q1 2024, while achieving net income of $1.43M for the first six months of 2025, including a $1.15M Employee Retention Credit refund.
The Agricultural Products segment saw sales decline 11.6% to $4.03M in Q2 2025, while the Modular Buildings segment grew 6.3% to $2.31M. The company successfully reduced operating expenses by 15.3% in the first half of 2025 and improved six-month gross profit by 3.8% compared to 2024. Earnings per share reached $0.28 for the first six months of 2025, compared to a loss of $0.09 in 2024.
[ "Net income improved by $1.86M to $1.43M for first six months of 2025", "Operating expenses reduced by 15.3% in first half of 2025", "Modular Buildings segment sales increased 23% in first six months of 2025", "Gross profit improved 3.8% in first half of 2025", "Strong performance in grinder mixer sales due to record high livestock prices" ]Art's Way Manufacturing (ARTW) reports Q1 2025 financial results showing mixed performance across segments. Overall sales declined 10.2% to $5.14 million, but the company achieved a 3.4% gross profit improvement and 19.4% reduction in operating expenses compared to Q1 2024.
The Agricultural Products segment faced challenges with sales dropping 30.4% to $2.95 million, primarily due to high interest rates and low commodity prices. However, the company maintains stable gross margins through cost-cutting measures implemented in 2024.
The Modular Buildings segment showed strong growth with sales increasing 47.5% to $2.19 million and net income improving by $262,000 to $291,000. The segment benefits from a robust backlog and continued strong demand.
Overall net loss narrowed to $56,000 ($0.01 per share) in Q1 2025, a significant improvement from the $368,000 loss in Q1 2024. Management remains optimistic despite market uncertainties, citing potential interest rate cuts and improving dealer inventory levels as positive indicators.
Art's-Way Manufacturing (NASDAQ:ARTW) has reported mixed financial results for fiscal 2024. The Agricultural Products segment saw a 34.7% decrease in net sales to $14.66M, driven by below-average commodity prices and decreased demand. However, the Modular Buildings segment showed strong performance with a 25.9% increase in net sales to $9.84M, particularly in research markets.
The company reported consolidated operating income from continuing operations of $461,000, down from $1.53M in 2023. The Agricultural Products segment posted an operating loss of $1.51M, while Modular Buildings achieved operating income of $1.97M. Overall consolidated net income was $307,000, slightly up from $267,000 in 2023.
Current backlog stands at $3.49M for Agricultural Products and $2.39M for Modular Buildings as of February 4, 2025. The company completed the sale of its discontinued Tools segment real estate for $1.8M in October 2024. Management expects improved profitability in 2025, citing positive indicators in dairy and livestock markets and sustained momentum in the Modular Buildings segment.
Art's Way Manufacturing Co., Inc. (Nasdaq:ARTW) reports financial results for Q3 fiscal 2024 and announces CEO transition. Consolidated sales from continuing operations decreased 27.6% to $5,876,000 for Q3 and 21.8% to $18,329,000 for the nine months ended August 31, 2024. The Agricultural Products segment saw a 46% decrease in Q3 sales, while the Modular Buildings segment increased 11.6%.
Net income from continuing operations was $2,000 for Q3, compared to $241,000 in fiscal 2023. For the nine-month period, the company reported a net loss of $427,000. Loss per share for Q3 was $0.00, compared to income of $0.05 in 2023.
Effective October 1, 2024, President and CEO David King has mutually agreed to separate from the company. Chairman Marc McConnell will serve as the new President and CEO.
Art's Way Manufacturing reported its financial results for Q2 and the first half of fiscal 2024, highlighting significant challenges in its Agricultural Products segment due to a predicted 25% decline in farm income by the USDA. Q2 sales were down 18.2% YoY, with agricultural product sales specifically declining 28.5%. The company recorded a consolidated net loss of $5,000 for Q2 and $429,000 for the first six months of fiscal 2024, compared to net income in the same periods last year. The Modular Buildings segment showed positive growth, with a 17.2% increase in Q2 sales and a 4.7% increase for the first half of 2024. Cost-cutting measures, including layoffs and participation in a voluntary workshare program, have been implemented to mitigate financial strains. The company anticipates continued sales challenges in the agricultural segment but expects positive performance from the Modular Buildings segment due to a strong backlog.
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