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ART'S-WAY FIRST QUARTER RESULTS

ART'S-WAY FIRST QUARTER RESULTS
    ARMSTRONG, Iowa, Sept. 30 /PRNewswire/ -- Art's-Way Manufacturing Co., Inc. (NASDAQ: ARTW), today released the following results for the first quarter ended Aug. 29, 1992.
                                            Quarter Ended
                                         8/29/92      8/24/91
                                (In thousands, except per share amounts)
    Net sales                            $4,569       $7,016
    Income (loss) before income taxes      (199)         863
    Income tax expense (benefit)            (70)         302
    Net income (loss)                     $(129)        $561
    Income (loss) per share (a)           $(.12)        $.55
   (a) Income per share based on the weighted average number of shares outstanding of 1,040,601 for 1992 and 1,019,947 for 1991.
    Art's-Way manufactures farm and industrial machinery under its own and private labels.  Its stock is traded in the over-the-counter market.
    -0-             09/30/92
    CONTACT:  William T. Green of Art's-Way, 712-864-3131
    (ARTW) CO:  ART'S-WAY MANUFACTURING CO., INC. SU:  ERN ST:  IA -- MN008 -- X528  09/30/92
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Sep 30, 1992
Words:144
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