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ART'S-WAY FOURTH QUARTER AND 12-MONTH RESULTS

 ART'S-WAY FOURTH QUARTER AND 12-MONTH RESULTS
 ARMSTRONG, Iowa, July 24 /PRNewswire/ -- Art's-Way Manufacturing


Co., Inc. (NASDAQ: ARTW), today released the following results for the fourth quarter and 12 months ended May 30, 1992.
 ART'S WAY MANUFACTURING
 (In thousands except per-share amounts)
 Quarter Ended
 5/30/92 5/25/91
 Net sales $4,424 $6,510
 Income (loss) before income taxes (308) 510
 Income tax expense (benefit) (153) 146
 Net income (loss) $(155) $364
 Income (loss) per share (a) $(.15) $.36
 12 Months Ended
 5/30/92 5/25/91
 Net sales $19,440 $21,917
 Income before income taxes 95 1,937
 Income tax expense (benefit) (12) 653
 Net income $107 $1,284
 Income per share (a) $.10 $1.28
 (a) Income per share based on the weighted average number of shares outstanding (1,037,844 for the quarter and 1,030,849 for the 12 months in 1992; and 1,011,351 for the quarter and 999,996 for the 12 months in 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- 7/24/92
 /CONTACT: William T. Green of Art's-Way, 712-864-3131/
 (ARTW) CO: Art's-Way Manufacturing Co., Inc. ST: Minnesota IN: SU: ERN 265 07-24-92 17:13 EDT AL -- MN009 -- 3196 07/24/92 17:15 EDT
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Publication:PR Newswire
Date:Jul 24, 1992
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