Source-grounded facts extracted from ARTS WAY MANUFACTURING CO INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
ARTS WAY MANUFACTURING CO INC reported the three-month period ended February 28, 2026 results: revenue $6,640,000, net income $196,000, EPS $0.04 per diluted share.
“For the Three Months Ended (Consolidated) February 28, 2026 February 28, 2025 Sales $ 6,640,000 $ 5,141,000 Operating Income $ 330,000 $ 2,000 Net Income (Loss) $ 196,000 $ (56,000) EPS (Basic) $ 0.04 $ (0.01) EPS (Diluted) $ 0.04 $ (0.01)”
Material Agreements
ARTS WAY MANUFACTURING CO INC entered into Solar System Purchase Agreement with Midwest Solar Installers valued at $1,402,336 (effective 2025-12-19).
“On December 19, 2025, Art’s-Way Manufacturing Co., Inc. (the “Company”), entered into a Solar System Purchase Agreement (the “Agreement”) with Midwest Solar Installers (“Midwest”) for the sale and installation of a solar energy system at the Company’s principal executive offices.”
Marc H. McConnell was appointed as President and Chief Executive Officer at ARTS WAY MANUFACTURING CO INC.
“On October 4, 2024, the Company’s Board of Directors appointed Marc H. McConnell, Chairman of the Company’s Board of Directors, to serve as President and Chief Executive Officer, effective immediately.”
David A. King resigned as Chief Executive Officer at ARTS WAY MANUFACTURING CO INC.
“On October 1, 2024, Art’s-Way Manufacturing Co., Inc. (the “Company”) and David A. King, the Company’s Chief Executive Officer since 2020, mutually agreed to terminate Mr. King’s employment agreement and employment with the Company effective immediately.”
Shareholder Votes
ARTS WAY MANUFACTURING CO INC shareholders approved Non-binding advisory vote on named executive officer compensation at the 2024-04-23 meeting.
“The Stockholders approved, on a non-binding and advisory basis, the compensation of the named executive officers of the Company.”
Shareholder Votes
ARTS WAY MANUFACTURING CO INC shareholders approved Ratification of Eide Bailly LLP as independent registered public accounting firm for fiscal year ending November 30, 2024 at the 2024-04-23 meeting.
“The Stockholders ratified the selection of Eide Bailly LLP as the Company's independent registered public accounting firm for the fiscal year ending November 30, 2024.”
Shareholder Votes
ARTS WAY MANUFACTURING CO INC shareholders approved Election of five directors at the 2024-04-23 meeting.
“The Stockholders elected five nominees to the Company’s Board of Directors to hold office until the next annual meeting and until their successors are elected and qualified.”
Earnings Releases
ARTS WAY MANUFACTURING CO INC reported three months ended February 29, 2024 results: revenue $5,723,000, net income ($424,000 ), EPS ($0.09).
“its financial results for the first quarter of fiscal 2024. For the Three Months Ended (Consolidated - Continuing Operations) February 29, 2024 February 28, 2023 Sales $ 5,723,000 $ 7,087,000 Operating Income (Loss) $ (537,000 ) $ 444,000 Net Income (Loss) $ (424,000 ) $ 350,000 EPS (Basic) $ (0.09 ) $ 0.07 EPS (Diluted) $ (0.09 ) $ 0.07 Weighted Average”
Earnings Releases
ARTS WAY MANUFACTURING CO INC reported the twelve months ended November 30, 2023 results: revenue $30,281,000, net income $763,000, EPS $0.15 per share.
“For the Twelve Months Ended (Consolidated Continuing Operations) November 30, 2023 November 30, 2022 Net Sales $ 30,281,000 $ 25,646,000 Operating Income $ 1,531,000 $ 605,000 Income from Continuing Operations $ 763,000 $ 374,000 EPS – Continuing Ops – Basic $ 0.15 $ 0.08 EPS – Continuing Ops – Diluted $ 0.15 $ 0.08”
Material Agreements
ARTS WAY MANUFACTURING CO INC amended the "Amendment" with Bank Midwest valued at $500,000 revolving line of credit (effective 2023-11-30).
“On November 30, 2023, Art’s-Way Manufacturing, Co., Inc. (the “Company”) entered into an amendment (the “Amendment”) of its $500,000 revolving line of credit with Bank Midwest, dated August 30, 2023 (the “Line of Credit”), extending the maturity date from November 30, 2023 to March 30, 2024.”
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.
“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”
Earnings Releases
ARTS WAY MANUFACTURING CO INC reported first six months of fiscal 2023 results: revenue $16,903,000, net income $649,000, EPS $0.13.
“For the Six Months Ended (Consolidated) May 31, 2023 May 31, 2022 Sales $ 16,903,000 $ 12,888,000 Operating Income (Loss) $ 982,000 $ (115,000 ) Net Income (Loss) $ 649,000 $ (231,000 ) EPS (Basic) $ 0.13 $ (0.05 ) EPS (Diluted) $ 0.13 $ (0.05 )”
Earnings Releases
ARTS WAY MANUFACTURING CO INC reported second quarter of fiscal 2023 results: revenue $9,008,000, net income $307,000, EPS $0.06.
“For the Three Months Ended (Consolidated) May 31, 2023 May 31, 2022 Sales $ 9,008,000 $ 7,275,000 Operating Income $ 434,000 $ 321,000 Net Income $ 307,000 $ 175,000 EPS (Basic) $ 0.06 $ 0.04 EPS (Diluted) $ 0.06 $ 0.04”
Restructurings & Charges
ARTS WAY MANUFACTURING CO INC announced a restructuring with charges of liquidation costs of approximately $200,000 affecting Tools segment (American Carbide Tool) (15 employees).
“The closure of American Carbide Tool ("ACT") is not expected to have a significant financial impact during the third quarter of fiscal year 2023, when the Company anticipates the operations of American Carbide Tool will cease. The Company expects to generate cash from the liquidation of receivables, inventory and other assets of $950,000 after operations cease, which will be used to fund liquidation costs of approximately $200,000. Additionally, the Company will market ACT’s land, building and equipment for sale. The real estate has been appraised at greater than net book value. Proceeds from the sale of the property are not included in the above-noted cash and financial impact estimates. The Company expects to incur substantially all of these costs, and to complete its closure plan, by the end of the fiscal year ending November 30, 2023. Closure of the Tools business is expected to impact 15 employees.”
Shareholder Votes
ARTS WAY MANUFACTURING CO INC shareholders approved Approval, on a non-binding and advisory basis, of named executive officer compensation at the 2023-04-26 meeting.
“3. Approval, on a non-binding and advisory basis, of named executive officer compensation: For: Against: Abstain: Broker Non-Votes: 3,061,463 64,840 25,940 917,527”
Shareholder Votes
ARTS WAY MANUFACTURING CO INC shareholders approved Ratification of selection of Eide Bailly LLP as the Company's independent registered public accounting firm for the fiscal year ending November 30, 2022 at the 2023-04-26 meeting.
“2. Ratification of selection of Eide Bailly LLP as the Company's independent registered public accounting firm for the fiscal year ending November 30, 2022: For: Against: Abstain: Broker Non-Votes: 4,031,003 22,224 16,543 -”
Shareholder Votes
ARTS WAY MANUFACTURING CO INC shareholders approved Election of directors at the 2023-04-26 meeting.
“1. Election of directors: Nominee: For: Withheld: Broker Non-Votes: Marc H. McConnell 2,995,326 156,917 917,527 Thomas E. Buffamante 3,112,347 39,896 917,527 David A. White 3,112,143 40,100 917,527 Matthew Westendorf 3,102,230 50,013 917,527 Randall C. Ramsey 3,116,187 36,056 917,527”
Earnings Releases
ARTS WAY MANUFACTURING CO INC reported first fiscal quarter of 2023 results: revenue $7,895,000, net income $342,000, EPS $0.07.
“steel cutting needs, announces its financial results for the first quarter of fiscal 2023. For the Three Months Ended (Consolidated) February 28, 2023 February 28, 2022 Sales $ 7,895,000 $ 5,613,000 Operating Income (Loss) $ 549,000 $ (437,000 ) Net Income (Loss) $ 342,000 $ (406,000 ) EPS (Basic) $ 0.07 $ (0.09 ) EPS (Diluted) $ 0.07 $ (0.09 ) Weighted Average”
Earnings Releases
ARTS WAY MANUFACTURING CO INC reported fiscal 2022 results: revenue $28,400,000, net income $98,000, EPS $0.02.
“Art's Way Manufacturing Co., Inc. (Nasdaq: ARTW), a diversified, international manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, announces its financial results for fiscal 2022. For the Twelve Months Ended (Consolidated) November 30, 2022 November 30, 2021 Sales $ 28,400,000 $ 24,965,000 Operating Income $ 333,000 $ 523,000 Net Income $ 98,000 $ 213,000 EPS $ 0.02 $ 0.05”
David R. Castle departed as Director at ARTS WAY MANUFACTURING CO INC.
“On January 13, 2022, David R. Castle provided Art’s-Way Manufacturing Co., Inc. (the “Company”) with notice of his intent to retire and not stand for reelection to the Board of Directors of the Company at the 2022 Annual Meeting of the Stockholders.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.