{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-009672","form_type":"8-K","ticker":"ARTW","cik":"0000007623","company_name":"ARTS WAY MANUFACTURING CO INC","filed_at":"2023-04-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.175925+00:00","generated_at":"2026-06-17T05:29:01.036722+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Art's-Way Q1 revenue up 40.7% to $7.9M; net income of $342K vs loss of $406K YoY","bullets":["Revenue $7.895M vs $5.613M (+40.7%) for Q1 fiscal 2023 ended Feb 28, 2023.","Operating income $549K vs loss of $437K; net income $342K ($0.07 EPS) vs loss of $406K (-$0.09).","Agricultural Products sales up 30.9% to $5.445M; Modular Buildings up 89.2% to $1.642M; Tools up 38.4% to $808K.","CEO cites disciplined pricing, operational excellence, and reduced inflationary pressures for improvement.","Company expects continued growth for remainder of 2023 as demand remains strong."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-009672","json":"https://secwatch.observer/filing/0001437749-23-009672.json","markdown":"https://secwatch.observer/filing/0001437749-23-009672.md","text":"https://secwatch.observer/filing/0001437749-23-009672.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/7623/000143774923009672/0001437749-23-009672-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/7623/000143774923009672/artw20230406_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:29:01.036722+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fd5dea6fab56fe83deb77815cc57543566c41ea1","claim":"ARTS WAY MANUFACTURING CO INC reported first fiscal quarter of 2023 results: revenue $7,895,000, net income $342,000, EPS $0.07.","evidence_excerpt":"steel cutting needs, announces its financial results for the first quarter of fiscal 2023. For the Three Months Ended (Consolidated) February 28, 2023 February 28, 2022 Sales $ 7,895,000 $ 5,613,000 Operating Income (Loss) $ 549,000 $ (437,000 ) Net Income (Loss) $ 342,000 $ (406,000 ) EPS (Basic) $ 0.07 $ (0.09 ) EPS (Diluted) $ 0.07 $ (0.09 ) Weighted Average","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/7623/000143774923009672/0001437749-23-009672-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first fiscal quarter of 2023"},{"label":"Revenue","value":"$7,895,000"},{"label":"Net income","value":"$342,000"},{"label":"EPS","value":"$0.07"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}