secwatch.observer — SEC 8-K summary
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Issuer:     DOUGLAS DYNAMICS, INC (PLOW)
CIK:        0001287213
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001104659-22-054833
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Dynamics Q1 net loss $3.9M, reaffirms FY2022 guidance
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- Net sales $102.6M, essentially flat YoY; net loss $3.9M vs $0.7M profit in Q1 2021.
- Diluted EPS ($0.18); adjusted diluted EPS ($0.11); adjusted EBITDA $4.6M, down from $10.7M.
- Work Truck Attachments net sales up 9% to $45.8M, but adj. EBITDA margin fell to 6.6% from 19.6%.
- Work Truck Solutions net sales down 7% to $56.8M due to chassis/component shortages.
- Reiterated FY2022 guidance: sales $570-630M, adj. EBITDA $70-100M, adj. EPS $1.25-$2.15.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287213/000110465922054833/0001104659-22-054833-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287213/000110465922054833/tm2213759-2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-054833

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer