Art’s Way Announces Q3 Earnings

In its earnings released Oct. 11, Art’s Way reported $8.1 million in third quarter sales and $23.4 million in sales for the first 9 months of the fiscal year. The company specifically reported $5.5 million and $17.3 million in agricultural products sales for its third quarter and year-to-date, respectively.

The third quarter sales in their Agricultural Products segment were $5,530,000 compared to $6,345,000 during the same period of fiscal 2022, a decrease of $815,000, or 12.8%. Year-to-date agricultural product sales were $17,343,000 compared to $15,823,000 during the same period in fiscal 2022, an increase of $1,520,000, or 9.6%.

Source: AgEquipmentIntelligence.com