Art's Way Announces 18% Revenue Increase, 104% Increase in Income From Continuing Operations [Yahoo! Finance]
Art's-Way Manufacturing Co., Inc. (ARTW)
US:NASDAQ Investor Relations:
artsway-mfg.com/investor-relations
Company Research
Source: Yahoo! Finance
distributor of equipment serving agricultural and research needs, announces its financial results for fiscal 2023. Agricultural Products: The Company's Agricultural Products segment's net sales for the 2023 fiscal year were $22,467,000 compared to $20,912,000 during the 2022 fiscal year, an increase of $1,555,000, or 7.4%. Commodity prices in the agricultural market remained strong for the majority of fiscal 2023, and production execution on pent-up backlog led to the increase in sales in fiscal 2023. Incoming orders began to slow near the end of fiscal 2023 as supply chains in the Company's industry began to catch up to demand. Gross profit percentage for the 2023 fiscal year was 29.3% compared to 30.8% for the 2022 fiscal year. Component prices and manufacturing overhead continued to increase from inflationary forces in fiscal 2023, and this, coupled with increased sales of our manure spreader line, which is in a highly price competitive market, was the primary driver for the decr
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ARTW
News
- Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Art's Way Scientific's Growth Surges Forward for Fiscal 2024; Art's Way AG Utilizes Momentum for Difficult AG Market Ahead [Yahoo! Finance]Yahoo! Finance
- Art's Way Scientific's Growth Surges Forward for Fiscal 2024; Art's Way AG Utilizes Momentum for Difficult AG Market AheadAccesswire
ARTW
Sec Filings
- 4/25/24 - Form 8-K
- 4/24/24 - Form 4
- 4/24/24 - Form 4
- ARTW's page on the SEC website