Art's-Way reports 26% sales increase in H1 FY2026; operating income up 20%

ARTS WAY MANUFACTURING CO INC

H1 FY2026 sales $14.5M (+26% YoY); operating income $617K (+20%); net income $370K ($0.07 EPS) vs $1.4M ($0.28) prior year which included $1.15M ERC.
Q2 FY2026 sales $7.85M (+24% YoY); operating income $287K; net income $173K ($0.03 EPS) vs $1.48M ($0.29) prior year.
Agricultural Products sales +16.6% for H1; net loss $208K vs net income $527K prior year due to $976K ERC; livestock demand strong.
Modular Buildings sales +41.3% for H1; net income $577K vs $899K prior year due to $179K ERC; backlog strong through Q3.
Gross margin declined 3.8% for H1 due to material cost pressures; management optimistic on demand and innovation.

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