Art's-Way Manufacturing Co. Inc. announced consolidated earnings results for the year ended November 30, 2014. For the year, the company reported net sales of $36,170,000 against $34,227,000 a year ago.

Operating income was $1,665,000 against $1,817,000 a year ago. Net income was $935,000 against $1,551,000 a year ago. Basic and diluted EPS was $0.23 against $0.38 a year ago.

The decrease in net income is largely attributable to the gain on sale of land in fiscal 2013 of $630,000.