secwatch.observer — SEC 8-K summary
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Issuer:     ARTS WAY MANUFACTURING CO INC (ARTW)
CIK:        0000007623
Form:       8-K
Filed at:   2021-10-13T23:59:59+00:00
Accession:  0001437749-21-023563
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Art's-Way manufactures second straight profitable quarter, net income $56K in Q3 2021
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- Q3 net income of $56,000 vs loss of $424,000 YoY; EPS $0.01 vs ($0.10).
- Nine-month operating loss improved to ($60,000) from ($1.9M), a $1.8M swing.
- Agricultural Products sales up 26.9% to $4.66M; grinder mixers +71%, beet equipment +60%.
- Current ag backlog up 269% from a year ago; president cites favorable outlook for Q4 2021 and H1 2022.
- Modular Buildings segment declined 43.4% on completion of a large laboratory project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7623/000143774921023563/0001437749-21-023563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7623/000143774921023563/artw20211010_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-023563

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer