Art’s-Way net income falls to $230,000 as nine-month revenue rises 12% to $20.1 million
ARTW•Art’s-Way reported net income of $230,000 for the first nine months ended Aug. 31, 2026, down from $0.33 per share a year earlier, while sales rose 12% to $20.1 million. Third-quarter sales fell 13% to $5.6 million, and the company posted a net loss of $140,000.
1. Nine-month results
For the first nine months ended Aug. 31, 2026, Art’s-Way sales rose 12% to $20.1 million, while net income slipped to $230,000 and earnings per basic and diluted share fell to $0.04 from $0.33. Third-quarter sales declined 13% to $5.6 million, and the company reported a net loss of $140,000. CEO Marc McConnell cited strong livestock equipment demand, the timing of Modular Buildings revenue recognition, and rising material and operating costs pressuring margins.
