Art’s Way Reports 4.8% Drop in Consolidated Net Sales for 2018

Art’s Way, a manufacturer and distributor of niche farm machinery, modular buildings and tools, reported on Feb. 4 that its consolidated net sales for the fiscal year ended on Nov. 30, 2018, declined by 4.8% to $19.7 million vs. $20.7 million in 2017.

According to the company, the decrease in revenue is due to decreased sales in its Agricultural Products and Tools segments. The company it experienced fairly steady demand in the 2018 fiscal year…

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