{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-010452","form_type":"8-K","ticker":"PLOW","cik":"0001287213","company_name":"DOUGLAS DYNAMICS, INC","filed_at":"2023-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.272040+00:00","generated_at":"2026-06-17T01:14:44.988879+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Douglas Dynamics reports Q1 net loss of $13.1M, cuts 2023 guidance on low snowfall","bullets":["Q1 net sales $82.5M (down 20% YoY from $102.6M); net loss $13.1M vs $3.9M loss; diluted EPS $(0.58).","Adjusted EBITDA loss $7.4M vs positive $4.6M in prior year; adjusted diluted EPS $(0.55) vs $(0.11).","Low snowfall in core East Coast markets drove weak reorder patterns and expected lower pre-season orders.","Updated 2023 guidance: net sales $620-650M, adjusted EBITDA $85-100M, adjusted EPS $1.55-2.00.","Management reaffirms commitment to $3.00 EPS target by 2025; earnings call set for May 2, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-010452","json":"https://secwatch.observer/filing/0001437749-23-010452.json","markdown":"https://secwatch.observer/filing/0001437749-23-010452.md","text":"https://secwatch.observer/filing/0001437749-23-010452.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923010452/0001437749-23-010452-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923010452/plow20230413_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T01:14:44.988879+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0717c607bacef09f44dc5b595a1351aef7e29a72","claim":"DOUGLAS DYNAMICS, INC reported full year ending December 31, 2023 results: revenue $620 million to $650 million, EPS $1.55 per share to $2.00 per share. Guidance lowered.","evidence_excerpt":"Updated 2023 financial outlook: ● Net Sales are expected to be between $620 million and $650 million. ● Adjusted EBITDA is predicted to range from $85 million to $100 million. ● Adjusted Earnings Per Share are expected to be in the range of $1.55 per share to $2.00 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923010452/0001437749-23-010452-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year ending December 31, 2023"},{"label":"Revenue","value":"$620 million to $650 million"},{"label":"EPS","value":"$1.55 per share to $2.00 per share"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"d58701b86a056a020745aa4ae749494176a0eb17","claim":"DOUGLAS DYNAMICS, INC reported quarter ended March 31, 2023 results: revenue $82.5, net income $(13.1), EPS $(0.58).","evidence_excerpt":"today announced preliminary results for the quarter ended March 31, 2023, and updated its 2023 financial outlook. Preliminary Consolidated First Quarter 2023 Results $ in millions (except EPS) Q1 2023 Q1 2022 Net Sales $82.5 $102.6 Net Loss $(13.1) $(3.9) Diluted EPS $(0.58) $(0.18)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923010452/0001437749-23-010452-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended March 31, 2023"},{"label":"Revenue","value":"$82.5"},{"label":"Net income","value":"$(13.1)"},{"label":"EPS","value":"$(0.58)"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}