Douglas Dynamics Q2 2021: Net sales $157.5M, Adj EPS $0.91; raises EPS guidance

DOUGLAS DYNAMICS, INC

2021-Q2 EPS reported $0.63 revenue$260,872,000

Net sales $157.5M (+31% YoY); GAAP EPS $0.60 vs ($4.55); Adjusted EPS $0.91 vs $0.33.
Attachments segment sales $104.6M (+42% YoY); Solutions sales $52.9M (+14% YoY).
Refinanced credit facilities: new $225M Term Loan A and $100M revolver due June 2026.
FY2021 guidance: net sales $520-$580M; Adj EBITDA $75-$100M; Adj EPS $1.40-$2.20.
Paid quarterly dividend $0.285/share on June 30, 2021.

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