ARTW

ARMSTRONG, IA / ACCESS Newswire / April 9, 2026 / Art's-Way Manufacturing Co., Inc. (Nasdaq:ARTW) (the "Company"), a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for the first quarter of fiscal 2026. Marc McConnell, the Company's President, CEO, and Chairman, reports, "We are pleased to have started the new year off showing significant improvement in both business units. While the Agricultural Product segment continues to face ongoing challenges, we are experiencing a meaningful improvement in demand for several of our key product categories, as evidenced by growth in our revenue and backlog. Similarly, our Modular Buildings segment has maintained the strong momentum we've seen in recent quarters and helped our overall profitability significantly. With improving performance and solid demand in both business units, we have reason for optimism moving forward despite tremendous uncertainty in the economy today." Consolidated - Q1 fiscal 2026 compared to Q1 fiscal 2025 Sales increase of $1,499,000 or 29.2%. Gross profit as a percentage of sales declined by 0.3%. Operating expenses decreased by 5.2% as a percentage of sales. Net income of $196,000 for the three months ended February 28, 2026, a $252,000 improvement from the same period in fiscal 2025. Agricultural Products - Q1 fiscal 2026 compared to Q1 fiscal 2025 Sales of $3,754,000 for Q1 of fiscal 2026, a 27.3% increase. Gross profit as a percentage of sales increased by 7.8%. Operating expenses decreased by 7.8%. Net income of $7,000, an improvement of $353,000. We have experienced increased demand this quarter, as compared to the same period in 2025, with increased sales on grinder mixers, manure spreaders and bale processors. While row crop commodity prices have increased from their lowest point in 2024, they remain substantially below the peak levels experienced in 2022. The slight increase in commodity prices and product availability did, however, lead to improved results for the first quarter of fiscal 2026. Livestock prices remained elevated through the first quarter of fiscal 2026 and are driving most of the demand for our agricultural products, as a large portion of our customer base raises livestock and row crops. Sugar beet prices declined in the first fiscal quarter of 2026 and we are expecting less demand for our s...

ARMSTRONG, IA / ACCESS Newswire / February 4, 2026 / Art's Way Manufacturing Co., Inc. (Nasdaq:ARTW) (the "Company"), a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for fiscal 2025. Marc McConnell, the Company's President, CEO, and Chairman, reports, "Despite another year of significant market challenges and uncertainty, I am pleased with the progress we made as a company in 2025 building the Company for future growth in both business units. While we continued weathering the storm in the Agricultural Products segment, we managed to have yet another very robust year in our Modular Buildings segment. We remain focused on enhancing our products and customer experience to improve our market position in each segment while maintaining focus on balance sheet health and cashflow. We enter 2026 with a sense of optimism and see some improving conditions that could drive demand growth for our products." Consolidated - continuing operations Sales of $22,975,000 in fiscal 2025 compared to $24,499,000 in fiscal 2024, a $1,524,000, or 6.2%, decrease. Twelve-month gross profit as a percentage of sales declined 2.5% compared to fiscal 2024. Operating expenses decreased by approximately $872,000, or 12.7%, in fiscal 2025 compared to fiscal 2024. Net income from continuing operations of $1,035,000 for fiscal 2025 compared to net loss from continuing operations of $94,000 in fiscal 2024. We received an Employee Retention Credit refund in fiscal 2025 that positively impacted net income from continuing operations by $1,052,000. Agricultural Products Sales of $12,749,000 for fiscal 2025 compared to $14,663,000 in fiscal 2024, a decrease of $1,914,000, or 13.1%. Twelve-month gross profit as a percentage of sales declined 4.9% compared to fiscal 2024. Operating expenses decreased by $1,226,000, or 21.6%, in fiscal 2025 compared to fiscal 2024. Net loss of $341,000 in fiscal 2025 compared to net loss of $1,594,000 in fiscal 2024. We received an Employee Retention Credit refund in fiscal 2025 that positively impacted net income by $889,000 in this segment. Commodity prices in the agricultural market, particularly on row crops, which dropped below five-year averages in fiscal 2024, continued to be weak in fiscal 2025. This led to a second straight fiscal year of decreased demand. Our cattle customers bene...

ARMSTRONG, IA / ACCESS Newswire / October 7, 2025 / Art's Way Manufacturing Co., Inc. (Nasdaq:ARTW) (the "Company"), a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for the third quarter of fiscal 2025. Marc McConnell, the Company's President, CEO, and Chairman, reports, "We continue to be pleased by operational progress and improved profitability during our third quarter and year to date despite persistent headwinds in the ag equipment space. During the quarter, we again benefited greatly from strong performance by our Modular Buildings segment while our Agricultural Products segment continued to experience modest demand. We remain focused on enhancing our products and customer experience to improve our market position in both segments while also further improving our balance sheet and cashflow positions. We are cautiously optimistic that strong profitability among livestock producers will lead to improvement in demand in the near term and into 2026." Consolidated - continuing operations Sales of $6,432,000 for Q3 of fiscal 2025, a 9.5% increase from Q3 2024, and sales of $17,910,000 for the nine months ended August 31, 2025, a 2.3% decline from the same period of 2024. Nine-month gross profit as a percentage of sales improved 1.2% compared to the first nine months of fiscal 2024. Operating expenses decreased by 13.1% for the nine months ended August 31, 2025 compared to the same period in fiscal 2024. Net income of $1,680,000 for the nine months ended August 31, 2025, a $2,107,000 improvement from the same period in fiscal 2024. We received an Employee Retention Credit refund during the nine months ending August 31, 2025 that positively impacted net income by $1,154,000. Agricultural Products Sales of $2,983,000 for Q3 of fiscal 2025, a 0.2% decline from the same period of 2024, and sales of $9,956,000 for the nine months ended August 31, 2025, a 15.5% decline from the first nine months of fiscal 2024. Nine-month gross profit as a percentage of sales declined 3.4% compared to the first nine months of fiscal 2024. Operating expenses decreased by 23.0% for the nine months ended August 31, 2025 compared to the same period in fiscal 2024. Net income of $139,000 for the nine months ended August 31, 2025, an improvement of $1,337,000 from the same period in fiscal 2024. We received...

Revenue: US$6.34m (down 5.8% from 2Q 2024). Net income: US$1.48m (up from US$4.7k loss in 2Q 2024). Profit margin: 23% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. EPS: US$0.29 (up from US$0.001 loss in 2Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Art's-Way Manufacturing shares are down 4.2% from a week ago. You should learn about the 1 warning sign we've spotted with Art's-Way Manufacturing. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Revenue: US$5.14m (down 10% from 1Q 2024). Net loss: US$55.8k (loss narrowed by 87% from 1Q 2024). US$0.011 loss per share (improved from US$0.084 loss in 1Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period Art's-Way Manufacturing shares are up 2.7% from a week ago. We should say that we've discovered 1 warning sign for Art's-Way Manufacturing that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

ARMSTRONG, IA / ACCESS Newswire / April 9, 2025 / Art's Way Manufacturing Co., Inc. (Nasdaq:ARTW) (the "Company"), a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for the first quarter of fiscal 2025. President, CEO and Chairman Marc McConnell reports, "We are pleased to finish the first quarter with meaningful operational and profitability improvements despite challenging conditions that persist. While headwinds continue to affect overall demand in the ag equipment space, we see strength in product categories that are benefitting from favorable beef and dairy prices. In our modular buildings segment, the momentum continues, and we are very pleased with both our operational performance and the strong demand we are seeing. In both segments we are keeping a close eye on the impact of tariffs on both our costs and demand profile. Amid quite a lot of uncertainty we do remain optimistic for how we will perform the balance of the year." Consolidated - continuing operations Sales of $5,141,000 for Q1 2025, 10.2% decline from Q1 2024. Gross profit improvement of 3.4% compared to Q1 2024. Operating expenses reduced by 19.4% from Q1 2024. Net loss of $56,000 for Q1 2025, $368,000 improvement from Q1 2024 Agricultural Products Sales of $2,948,000 for Q1 2025, a 30.4% decline from Q1 2024. Gross profit declined 0.2% from Q1 2024. Operating expenses reduced by 25.6% from Q1 2024. Net loss of $346,000, improvement of $107,000 from Q1 2024. After a period of heightened demand in fiscal 2023, we started to see a decline in demand for our agricultural products in Q1 2024 due to rising interest rates, declining commodity prices and decreases in expected net farm incomes as high as 30% compared to the previous year. The leveling off of demand in this period drove the decrease in sales from Q1 of fiscal 2024 to Q1 of fiscal 2025. In Q1 of fiscal 2025, we are still battling high interest rates and low row crop commodity prices but are starting to see improvement in dealer equipment stock levels. Equipment dealer lots were oversaturated for much of fiscal 2024 and slowed incoming demand for us. We expect destocking to continue in fiscal 2025, which we believe will increase demand for our products moving forward. The agriculture market is highly cyclical, and we believe fiscal 2024 was the bottom of t...