ARTW Stock Slips Before Memorial Day—Why Tuesday’s Open Could Matter for Art’s-Way Investors
Art’s-Way Manufacturing shares closed at $2.61 Friday, down 1.9%, underperforming the Russell 2000’s 2.7% weekly gain ahead of the Memorial Day market closure. The company last reported Q1 sales up 29% to $6.64 million and net income of $196,442, but flagged weaker sugar beet equipment demand and rising steel costs. Order backlog rose 62.6% year-over-year to $7.29 million as of April 7.