Art's Way Reports Improved Sales, Net Income in 2Q22

Jul 07, 2022

Art's Way's consolidated sales for the second quarter came in at $7.3 million, up 27.4% from $5.7 million in the same quarter last year. Sales for the first 6 months of 2022 came in at $12.9 million vs. $11.1 million last year, a 16% increase. The manufacturer stated it had seen "increased revenue and demand in all three business segments for the 3 months ended May 31, 2022 and increases in revenue in the Agricultural Products and Tools segments for the 6 months ended May 31, 2022."

Second quarter sales in the company's Agricultural Products segment were $5,316,000 compared to $3,858,000 during the same period of fiscal 2021, an increase of $1,458,000, or 37.8%. Year-to-date agricultural product sales were $9,477,000 compared to $7,357,000 last year, an increase of $2,120,000, or 28.8%.

Art's Way report continuing historic backlog numbers through 2Q22 as commodity prices remain near or at all-time highs, reporting the following:

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Video: California Farm Bureau 2025 Farm Dog of the Year Contest Winner - Willy - CAFB 107th Annual Meeting

Meet Willy: California Farm Bureau’s 2025 Farm Dog of the Year!

We’re excited to introduce Willy, a miniature long-haired dachshund with a big heart and even bigger courage, and the Grand Prize winner of this year’s Farm Dog of the Year Contest!

Willy may be small, but he’s become an indispensable partner on owner Marshal Hagedorn’s forestry and cattle operations in Shasta, Tehama, and Siskiyou counties. Adopted in 2023, he quickly found his place on the ranch, helping manage critters, tagging along for long days in the woods, and offering unwavering companionship during demanding logging work.

Willy has even taken naturally to moving cattle, surprising calves (and more than a few full-grown cows!) with his burst of energy from the tall grass. As Marshal put it: “He goes with me everywhere every single day.”

Congratulations to Willy and his family, a perfect example of how every good farm dog, no matter the size, helps keep California agriculture running strong.