secwatch.observer — SEC 8-K summary
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Issuer:     ARTS WAY MANUFACTURING CO INC (ARTW)
CIK:        0000007623
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001437749-23-028107
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7623/000143774923028107/0001437749-23-028107-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7623/000143774923028107/artw20231011_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-028107

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