---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-028107"
form_type: "8-K"
ticker: "ARTW"
cik: "0000007623"
company_name: "ARTS WAY MANUFACTURING CO INC"
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T01:21:27.304759+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Art's-Way Q3 revenue +8.6% to $8.1M; nine-month net income jumps 382% to $0.18/share

## Summary
- Q3 revenue $8.117M (+8.6% YoY); net income $241K ($0.05 EPS) vs $304K ($0.06) prior year.
- Nine-month revenue $23.429M (+23.1%); net income $921K ($0.18 EPS) vs $191K ($0.04) a year ago.
- Agricultural Products segment Q3 sales down 12.8% due to beet equipment timing; YTD up 9.6%.
- Modular Buildings segment Q3 sales up 128.7% to $2.587M; YTD up 89.7% to $6.086M.
- Tools segment discontinued (June 2023); liquidation ongoing with real estate listed for sale.

## SEC filing metadata
- accession: 0001437749-23-028107
- form_type: 8-K
- ticker: ARTW
- cik: 0000007623
- company_name: ARTS WAY MANUFACTURING CO INC
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/7623/000143774923028107/0001437749-23-028107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/7623/000143774923028107/artw20231011_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-028107
- JSON: https://secwatch.observer/filing/0001437749-23-028107.json
- Plain text: https://secwatch.observer/filing/0001437749-23-028107.txt

## Key facts
- Earnings Releases
  ARTS WAY MANUFACTURING CO INC reported third quarter and first nine months of fiscal 2023 results: revenue $8,117,000 and $23,429,000, net income $241,000 and $921,000, EPS $0.05 and $0.18.
  - Period: third quarter and first nine months of fiscal 2023
  - Revenue: $8,117,000 and $23,429,000
  - Net income: $241,000 and $921,000
  - EPS: $0.05 and $0.18
  - Result: reported results
  source text: financial results for the third quarter and year to date of fiscal 2023. For the Three Months Ended (Continuing Operations, Consolidated) August 31, 2023 August 31, 2022 Sales $ 8,117,000 $ 7,476,000 Operating Income $ 468,000 $ 500,000 Net Income $ 241,000 $ 304,000 EPS (Basic) $ 0.05 $ 0.06 EPS (Diluted) $ 0.05 $ 0.06 Weighted Average Shares Outstanding: Basic
  evidence_url: https://www.sec.gov/Archives/edgar/data/7623/000143774923028107/0001437749-23-028107-index.htm

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