earnings
confidence high
sentiment positive
materiality 0.65
Art's-Way Q1 fiscal 2026 sales jump 29% to $6.64M; net income $196K, EPS $0.04
ARTS WAY MANUFACTURING CO INC
2026-Q1 EPS reported
$0.04
revenue$6,640,285
- Consolidated sales $6.64M, up 29% YoY; operating income $330K vs $2K; net income $196K vs ($56K) loss.
- Agricultural Products sales $3.75M (+27%); segment net income $7K, improvement of $353K; grinder mixer sales up $909K.
- Modular Buildings sales $2.89M (+32%); net income $189K, down $102K due to warrantied building costs and project overages.
- Backlog strong: Modular Buildings backlog expected to carry into Q3; agricultural early order program up 11% overall.
- CEO cites improved demand despite economic uncertainty; steel price increases may challenge margins going forward.