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AEI Newsmakers: July 2024

July 15, 2024 | Posted in Ag Equipment Business, Dealers & Dealerships, Mergers & Acquisitions

CamoAg, a provider of agricultural data solutions, and Fusable,...
John Schmeiser will no longer be serving as chief operating officer of NAEDA...
For the second quarter ended May 31, 2024, Art’s Way Agricultural Products segment sales...
Leon’s Mfg. has entered receivership. Ernst & Young has been named the appointed receiver for the case....
Coldwell Banker Commercial Realty announced the $7 million sale of a 234-acre undeveloped parce...
J.P. Morgan analysts view the USDA’s latest 2024-25 and 2023-24 global supply and demand estimates....
“We view today’s report as positive for U.S. corn and soybean farmers to the extent lower new crop...

Press Release

Art's Way Reports Ag 2Q 2024 Sales Drop 28%

July 5, 2024 | Posted in Earnings Reports

ARMSTRONG, Iowa — Art's Way Manufacturing Co., Inc., a diversified manufacturer and distributor of equipment serving agricultural and research needs, announces its financial results for the second quarter of fiscal 2024 and six months ended May 31, 2024.

News Release

Art's Way AG Utilizes Momentum for Difficult AG Market Ahead

April 9, 2024

Art's Way Manufacturing releases first quarter results for fiscal 2024, with an overall loss in net income compared to Q1 of 2023.

Art's Way Releases Financial Results for Fiscal 2023

February 9, 2024 | Posted in Earnings Reports

Net sales for the agricultural products segment rose 7.4% in 2023 and income per basic share rose $0.06 compared to 2022.

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Art’s Way Third Quarter Ag Sales Down, Up Year-to-Date

October 15, 2023 | Posted in Analysis & Commentary, Data & Trends

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.

Art’s Way Mfg. 2Q23 Earnings

July 17, 2023 | Posted in Earnings Reports

Art’s Way reported $9 million in 2Q23 sales on July 11, up 23.8% from $7.3 million in the same period last year.

Art's Way Reports $7.9 Million in 1Q23 Sales

April 10, 2023 | Posted in Earnings Reports

Art’s Way Manufacturing Co., a diversified, international manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, has announced its financial results for the first quarter of fiscal 2023.

Art's Way Reports $28.4 Million in 2022 Sales

February 15, 2023 | Posted in Earnings Reports

The company's Agricultural Products segment’s net sales for the 2022 fiscal year were $20,912,000 compared to $16,826,000 during the 2021 fiscal year, an increase of $4,086,000, or 24.3%.

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Shortline Manufacturers Forecast Farmers’ Future Equipment Needs

January 26, 2023 | Posted in Ag Equipment Business, Autonomous Ag Machinery

During the specialized manufacturer panel at Ag Equipment Intelligence’s 2023 Executive Briefing on Dec. 9, 2022, executives from 4 shortline manufacturers spoke about the challenges farmers will face in the future and how it will impact their equipment needs.

Art's Way Reports 2Q21 Ag Sales Up 25.6%

July 9, 2021

Second quarter sales in the company's agricultural products segment were $3,858,000 compared to $3,071,000 during the same period in fiscal 2020, an increase of $787,000, or 25.6%.

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Pöttinger Reports $544.6 Million in Revenue for Fiscal Year 2024

Manufacturers Cite Slight Optimism Heading into End of the Year

Raymond James Analyst: Expect Softness for Remainder of Year as Farmers Sit on Hands Ahead of Elections, Expected Interest Rate Cuts

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Farmer’s Viral Video Spotlights Ugliness of Challenging Times for Dealers

In this episode of On the Record, brought to you by Benzi America, we follow up on Jake Lieb’s viral TikTok video about AHW LLC canceling his order.

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