Art's way manufacturing announces positive earnings in fiscal 2021 despite supply chain challenges in recovering economy

Armstrong, ia / accesswire / february 8, 2022 / art's way manufacturing co., inc. (nasdaq:artw), a diversified, international manufacturer and distributor of equipment serving agricultural, research and steel cutting needs, announces its financial results for fiscal 2021. for the twelve months ended (consolidated) november 30, 2021 november 30, 2020 sales $ 24,965,000 $ 22,409,000 operating income (loss) $ 523,000 $ (3,910,000 ) net income (loss) $ 213,000 $ (2,103,000 ) eps (basic) $ 0.05 $ (0.48 ) eps (diluted) $ 0.05 $ (0.48 ) weighted average shares outstanding: basic 4,515,229 4,393,887 diluted 4,515,229 4,393,887 sales: our consolidated net sales totaled $24,965,000 for the 2021 fiscal year, which represents a 11.4% increase from our consolidated net sales of $22,409,000 for the 2020 fiscal year.
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