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FIRST HALF: ART'S WAY SALES DOWN 11%, NET INCOME DOWN 100%
Source: Art's Way news release

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Art's Way Manufacturing Co., Inc. (NASDAQ: ARTW), a diversified, international manufacturer and distributor of equipment serving agricultural, research, water treatment and steel cutting needs, announces its financial results for the three and six months ended May 31, 2014.

Our consolidated corporate sales for the three- and six-month periods ended May 31, 2014 were $9,469,000 and $15,706,000, respectively, compared to $9,250,000 and $17,665,000 during the same respective periods in 2013, a $219,000 or 2.4%, increase for the quarter but a $1,959,000 or 11.1% decrease year-to-date.

Consolidated gross profit margin for the three- and six-month periods ending May 31, 2014 was 24.6% and 23.4% compared to 27.7% and 27.9% during the same periods of 2013.


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