Art's-Way Q2 Revenue Jumps 24% to $7.85M, But Net Income Drops on Prior-Year Refund Comparison
ARTW sits 19% above its 52-week low of $2.05 on light trading volume (0.1× avg).
Summary
Art's-Way Manufacturing reported Q2 FY2026 revenue of $7.85 million, a 23.9% increase from $6.34 million a year ago, driven by strong demand in Modular Buildings and Agricultural Products. Net income fell sharply to $173,000 from $1.48 million, but the decline is largely due to a prior-year Employee Retention Credit refund that inflated last year's results. Diluted EPS was $0.03 versus $0.29. The company highlighted a growing Modular backlog, several large research projects, and operational investments including a new beet product specialist and equipment upgrades. This follows the July 10 news of a 26% first-half sales increase, adding full quarterly detail and segment color.
At the time of this announcement, ARTW was trading at $2.43 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.6M. The 52-week trading range was $2.05 to $4.71. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.