secwatch.observer — SEC 8-K summary
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Issuer:     ARTS WAY MANUFACTURING CO INC (ARTW)
CIK:        0000007623
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001437749-24-005224
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Art's-Way FY2023: revenue $30.3M (+18%), continuing ops income $763k (+104%)
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- Net sales $30.28M, up 18% YoY; operating income $1.53M vs $0.61M.
- EPS from continuing ops $0.15 basic/diluted, up from $0.08.
- Agricultural Products sales $22.5M (+7.4%); Modular Buildings $7.8M (+65.1%).
- Discontinued Tools segment loss $496k; liquidation continues, real estate expected $2M net proceeds.
- Ag Products backlog $4.4M (down 53% YoY); Modular backlog $6.2M (up 24%) plus new $5.3M research project.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7623/000143774924005224/0001437749-24-005224-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7623/000143774924005224/artw20240222_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-005224

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