---
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"
generated_at: "2026-06-17T05:29:01.036722+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Art's-Way Q1 revenue up 40.7% to $7.9M; net income of $342K vs loss of $406K YoY

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-009672
- JSON: https://secwatch.observer/filing/0001437749-23-009672.json
- Plain text: https://secwatch.observer/filing/0001437749-23-009672.txt

## Key facts
- Earnings Releases
  ARTS WAY MANUFACTURING CO INC reported first fiscal quarter of 2023 results: revenue $7,895,000, net income $342,000, EPS $0.07.
  - Period: first fiscal quarter of 2023
  - Revenue: $7,895,000
  - Net income: $342,000
  - EPS: $0.07
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/7623/000143774923009672/0001437749-23-009672-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.