Sam Rebotsky

Roger Miller

- Art's Way Manufacturing Co., Inc. (ARTW) reported **improved Q3 2025 net income of $254,000** and **nine-month net income of $1,680,000**, a significant improvement from $2,000 and a loss of $427,000 in the prior year periods, respectively.  **[7623_0001437749-25-030686_ex_866678.htm:0]** 
- This improvement was largely driven by the **Modular Buildings segment, which saw Q3 2025 sales increase 19.4% to $3,449,000** and nine-month sales rise **21.4% to $7,954,000**.  **[7623_0001437749-25-030686_ex_866678.htm:1]** 
- The **Agricultural Products segment faced headwinds, with Q3 2025 sales declining 0.2% to $2,983,000** and nine-month sales decreasing **15.5% to $9,956,000** due to difficult agricultural market conditions.  **[7623_0001437749-25-030686_ex_866678.htm:0]** **[7623_0001437749-25-030686_ex_866678.htm:1]** 
- Consolidated nine-month net income was significantly boosted by a **$1,154,000 Employee Retention Credit refund**.  **[7623_0001437749-25-030686_ex_866678.htm:0]** 
- ARTW plans a **3-5% price increase** for agricultural products to offset rising costs and expects agricultural market conditions to improve within the next 9 to 15 months.  **[7623_0001437749-25-030686_ex_866678.htm:1]**

ARTS WAY MANUFACTURING CO (ARTW)