Art’s Way Manufacturing, a producer of a wide range of niche agricultural machinery, reported on April 11 its net sales increased by more than 35% year-over-year in the first quarter of 2012, ended February 29.
The company’s net sales totaled $6.3 million for the period vs. $4.7 million for the first quarter of 2011. Operating income for the three-months increased to $362,000 from an operating loss of $659,000 during the same quarter last year. Art’s…
This is subscription content for VIP Members. A VIP membership gives you all things Ag Equipment Intelligence all the time! Compare the three levels of access:
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
Download these helpful knowledge building tools
In this episode of On the Record, brought to you by Associated Equipment Distributors, Deere Director of Investor Relations Josh Beal told JP Morgan analysts that the OEM is confident it will be “producing to demand” in fiscal year 2025.
