Douglas Dynamics

Douglas Dynamics, Inc. engages in the manufacture of commercial work truck attachments and equipment. It operates through the following segments: Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segments include manufactured snow and ice control attachments sold under FISHER, HENDERSON, SNOWEX and WESTERN brands. The Work Truck Solutions segment includes upfit of market attachments and storage solutions for commercial work vehicles under the DEJANA brand and its related sub-brands. The company was founded by Douglas Seaman in 2004 and is headquartered in Milwaukee, WI.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Douglas Dynamics excels in 2022, eyes growth and margin improvement

Douglas Dynamics' strong 2022 performance and positive outlook for 2023 highlight growth potential.
Challenges like labor costs and snowfall trends are being managed strategically.
Focus on long-term goals, market leadership, and stakeholder relationships drive the company's success.
Opportunities for growth and margin improvement position the company for continued success.

Douglas Dynamics Q1 2023 Earnings Impacted by Low Snowfall

Douglas Dynamics Q1 2023 earnings impacted by low snowfall, leading to below-expectation results. Work Truck Solutions segment showed improvement with 11% revenue growth and doubled adjusted EBITDA. Challenges include inconsistent chassis supply and labor market difficulties.

Douglas Dynamics (PLOW) reports strong Q2 earnings and outlines growth strategies

Douglas Dynamics (PLOW) delivers robust Q2 results, showcasing strength in both Work Truck Attachments and Solutions segments amidst supply chain challenges.
Innovative initiatives like the Dependable Parts Program drive additional revenue, while the company eyes market share growth and long-term profitability through strategic partnerships.
Management's focus on addressing challenges, seizing growth opportunities, and driving profitability sets a positive trajectory for future performance and shareholder value.

Douglas Dynamics faces challenges from low snowfall impact in Q3 2023

Douglas Dynamics reported a quarter marked by improved margins in the Solutions segment but lower sales in Work Truck Attachments. External challenges like low snowfall and supply chain issues led to reduced guidance for the year. The company remains committed to dividend payments and managing uncertainty.

Douglas Dynamics adapts to low snowfall challenges, eyes growth

Douglas Dynamics navigated challenges from low snowfall by implementing cost-saving measures and focusing on new product launches.
Despite weather impacts, the company demonstrated strength in the Work Truck Solutions segment and positive indicators in dealer sentiment.
Plans to drive revenue in new markets and improve profitability through product launches position Douglas Dynamics for growth in 2024.

Douglas Dynamics (PLOW) reports strong Q1 results amidst weather challenges

Douglas Dynamics (PLOW) showcased robust financial performance in Q1 2024, driven by the Solutions segment's consistent strength and operational improvements.
Despite challenges from adverse weather conditions impacting the Work Truck Attachments segment, the company's proactive cost-saving initiatives and product innovation highlight resilience.
With improved liquidity, strong guidance for 2024, and a focus on operational efficiency, Douglas Dynamics is well-positioned to navigate challenges and capitalize on growth opportunities.

Douglas Dynamics excels in Q2 despite weather challenges, maintains guidance

Douglas Dynamics reported a strong Q2 performance with record net sales and operational achievements in the Solutions segment.
Despite challenges in the Attachments segment, cost savings initiatives bolstered EBITDA margins and financial resilience.
Maintained guidance and focus on strategic opportunities position the company for continued growth and stability in 2024.

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Douglas Dynamics, Inc. engages in the manufacture of commercial work truck attachments and equipment. It operates through the Work Truck Attachments and Work Truck Solutions segments. The Work Truck Attachments segment manufactures and sells snow and ice control attachments under the FISHER, HENDERSON, SNOWEX, and WESTERN brands. The Work Truck Solutions segment includes manufactured municipal snow, ice control products, the upfit of market attachments, and storage solutions. The company was founded by Douglas Seaman in 2004 and is headquartered in Milwaukee, WI.

Mark Van Genderen Promoted to Chief Operating Officer Chief Human Resources Officer Linda Evans to Retire at Year-End Shannan Vlieger Promoted to Senior Vice President, People and Culture

Douglas Dynamics Announces Senior Management Team Changes

Summary: Transaction Value: $64.2 million Locations: Illinois, Iowa, Maine, Michigan, and Wisconsin Lease Term: 15-year initial term with two 10-year options to renew Use of Proceeds: Debt reduction and other corporate purposes MILWAUKEE and NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), or the “Company”, North America's premier manufacturer and upfitter of commercial work truck attachments and equipment, today announced the successful completion of a sale-leaseback transaction with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG).

Douglas Dynamics Completes $64.2 Million Sale-Leaseback Transaction with TPG Angelo Gordon

MILWAUKEE, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of $0.295 per share for the third quarter of 2024.

Douglas Dynamics Declares Quarterly Cash Dividend

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Among the Zacks Rank #1 (Strong Buy) list, quite a few stocks are starting to stand out in regard to their affordability and generous dividends.

Time to Buy the Pullback in These 3 Highly Ranked Dividend Stocks

Douglas Dynamics (PLOW) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Douglas Dynamics (PLOW) Could Find a Support Soon, Here's Why You Should Buy the Stock Now

The average of price targets set by Wall Street analysts indicates a potential upside of 25.1% in Douglas Dynamics (PLOW). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Douglas Dynamics (PLOW) Could Surge 25.09%: Read This Before Placing a Bet

Douglas Dynamics (PLOW) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

What Makes Douglas Dynamics (PLOW) a New Strong Buy Stock

Douglas Dynamics, Inc. (NYSE:PLOW ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Nathan Elwell - Vice President, Investor Relations Jim Janik - Chairman and Interim President and CEO Sarah Lauber - Executive Vice President and CFO Conference Call Participants Mike Shlisky - D.A. Davidson Robert Schultz - Baird Greg Burns - Sidoti & Company Operator Good morning and welcome to the Douglas Dynamics Second Quarter 2024 Earnings Call.

Douglas Dynamics, Inc. (PLOW) Q2 2024 Earnings Call Transcript

Douglas Dynamics, Inc. shares rose 5.5% after exceeding revenue, earnings, and adjusted earnings per share expectations in Q2 of fiscal year 2024. Despite a decline in revenue, the company's financial performance improved year over year, with higher earnings and cash flows reported. Management's guidance for the rest of the year suggests continued growth, making the stock look attractively priced on an absolute basis.

Douglas Dynamics Is Beginning To Prove Itself

Douglas Dynamics (PLOW) came out with quarterly earnings of $1.11 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $1.11 per share a year ago.

Douglas Dynamics (PLOW) Tops Q2 Earnings and Revenue Estimates

Positive Performance Driven by Work Truck Solutions Growth  and Success of 2024 Cost Savings Program Second Quarter 2024 Highlights*: Solutions segment delivered record second quarter results with 24% Net Sales growth, and a significant increase in profitability Successful implementation of 2024 Cost Savings Program yields additional savings; now expected to deliver $11 - $12 million in sustainable annualized savings Paid $0.295 per share cash dividend on June 28, 2024 Maintained 2024 full year outlook *Compared to 2Q23 financials MILWAUKEE, July 29, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the second quarter ended June 30, 2024. Jim Janik, Chairman, Interim President and CEO, commented, “During the second quarter, we have seen profitability improve despite lower Net Sales impacted by low snowfall, due to the management of throughput, pricing realization, and the successful implementation of the 2024 Cost Savings Program.

Douglas Dynamics Reports Second Quarter 2024 Results

MILWAUKEE, July 17, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the second quarter 2024 after market close on Monday, July 29, 2024.

Douglas Dynamics Announces Second Quarter 2024 Earnings Release and Conference Call

Due to weak demand caused by weather-related challenges, Douglas Dynamics is trading at depressed earnings and a near trough multiple. This is creating an opportunity to invest in a business with both a market-leading, stable, and cash-generative segment, and a segment with a history of consistent growth. I see a credible case for the stock to reach $35-$40 based on my estimates of FCF growth over the next few years and a 15-20x multiple.

Douglas Dynamics: Market Leader Trading At Near-Trough Multiple On Depressed Earnings

Douglas Dynamics' stock price has declined by nearly half since the start of 2021 due to declining sales and EBITDA. The company's Work Truck Attachments segment has been affected by external headwinds, including lower snowfall levels, destocking, and macro headwinds. Should weather reverse course, and both their WTA and WTS segment maintain their margins, PLOW is priced to generate attractive IRRs for investors.

Douglas Dynamics: Priced For (Potentially) Attractive Returns

Douglas Dynamics, Inc. (NYSE:PLOW ) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Nathan Elwell - Vice President, Investor Relations Bob McCormick - President and Chief Executive Officer Sarah Lauber - Executive Vice President and Chief Financial Officer Conference Call Participants Robert Schultz - Baird Linda Weiser - D.A. Davidson Operator Good day and welcome to the Douglas Dynamics First Quarter 2024 Earnings Conference Call.

Douglas Dynamics, Inc. (PLOW) Q1 2024 Earnings Call Transcript

Produced Significantly Improved Results Compared to 1Q23; Solutions Segment Continues to Deliver Strong Top- and Bottom-Line Growth

Douglas Dynamics Reports First Quarter 2024 Results

MILWAUKEE, April 15, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the first quarter 2024 after market close on Monday, April 29, 2024.

Douglas Dynamics Announces First Quarter 2024 Earnings Release and Conference Call

Douglas Dynamics, Inc. (PLOW) Q4 2023 Earnings Call Transcript

Full Year 2023 Highlights: Work Truck Solutions produced significantly improved 2023 results Work Truck Attachments performance hindered by unprecedented weather trends Implementation of 2024 Cost Savings Program on track to deliver $8 – 10 million in annualized savings Delivered Net Sales of $568.2 million, Net Income of $23.7 million, and Diluted Earnings per Share of $0.98 Announced 1Q24 quarterly dividend of $0.295 per share Outlined 2024 full year outlook MILWAUKEE, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the fourth quarter and full year ended December 31, 2023. “The improved performance of our Solutions segment was clearly the highlight of 2023,” commented Bob McCormick, President and CEO.

Douglas Dynamics Reports Fourth Quarter and Full Year 2023 Results

Douglas Dynamics (PLOW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Douglas Dynamics (PLOW) to Report a Decline in Earnings: What to Look Out for

MILWAUKEE, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the fourth quarter and full year 2023 after market close on Monday, February 26, 2024.

Douglas Dynamics Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Strong Solutions Performance Partially Offsets Attachments Results Impacted by Weather Conditions Strong Solutions Performance Partially Offsets Attachments Results Impacted by Weather Conditions

Douglas Dynamics Announces Preliminary Fourth Quarter and Full Year 2023 Results and Implementation of 2024 Cost Savings Program

Douglas Dynamics, Inc. (NYSE:PLOW ) Q3 2023 Earnings Conference Call October 31, 2023 10:00 AM ET Company Participants Nathan Elwell - VP, IR Robert McCormick - President, CEO & Director Sarah Lauber - EVP, CFO & Secretary Conference Call Participants Michael Shlisky - D.A. Davidson & Co. Timothy Wojs - Robert W.

Douglas Dynamics, Inc. (PLOW) Q3 2023 Earnings Call Transcript

Douglas Dynamics (PLOW) came out with quarterly earnings of $0.25 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.57 per share a year ago.

Douglas Dynamics (PLOW) Misses Q3 Earnings and Revenue Estimates

Third Quarter Highlights: Produced Net Sales of $144.1 million Delivered Net Income of $5.8 million, or $0.24 of Diluted EPS Solutions Net Sales increased approximately 18%, and Adjusted EBITDA margin improved to 7.3% Updated 2023 guidance ranges Paid $0.295 per share cash dividend MILWAUKEE, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the third quarter ended September 30, 2023. Bob McCormick, President, and CEO stated.

News for Douglas Dynamics Stock (PLOW)