{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011951","form_type":"8-K","ticker":"PLOW","cik":"0001287213","company_name":"DOUGLAS DYNAMICS, INC","filed_at":"2023-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.272761+00:00","generated_at":"2026-06-16T04:44:13.777180+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Douglas Dynamics Q1 net loss of $13.1M; EPS -$0.58; guidance cut on low snowfall","bullets":["Net sales $82.5M, down from $102.6M YoY; net loss $13.1M vs $3.9M loss last year.","Work Truck Attachments net sales dropped to $19.3M (vs $45.8M) due to lowest East Coast snowfall in decades.","Work Truck Solutions net sales rose 11.4% to $63.3M; adjusted EBITDA margin improved to 4.5%.","2023 outlook: net sales $620-650M, adjusted EPS $1.55-$2.00, down from prior guidance.","Quarterly dividend of $0.295 per share paid on March 31, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011951","json":"https://secwatch.observer/filing/0001437749-23-011951.json","markdown":"https://secwatch.observer/filing/0001437749-23-011951.md","text":"https://secwatch.observer/filing/0001437749-23-011951.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923011951/0001437749-23-011951-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923011951/plow20230424_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:44:13.777180+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":"70f5ae52301736f820b67be0e70898762e7b4761","claim":"DOUGLAS DYNAMICS, INC reported 2023 results: revenue between $620 million and $650 million, EPS $1.55 per share to $2.00 per share. Guidance lowered.","evidence_excerpt":"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/1287213/000143774923011951/0001437749-23-011951-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"2023"},{"label":"Revenue","value":"between $620 million and $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":"7f83f10956bae1adaf2980e043a034ec7e281856","claim":"DOUGLAS DYNAMICS, INC reported the first quarter ended March 31, 2023 results: revenue $82.5 million, net income $13.1 million, EPS $(0.58).","evidence_excerpt":"Douglas Dynamics, Inc. Nathan Elwell 847-530-0249 investorrelations@douglasdynamics.com DOUGLAS DYNAMICS REPORTS FIRST QUARTER 2023 RESULTS Highlights: ● Delivered Net Sales of $82.5 million ● Recorded Net Loss of $13.1 million, or $(0.58) of Diluted EPS ● Work Truck Attachments performance impacted by lowest East Coast snowfall season in decades ● Work Truck","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923011951/0001437749-23-011951-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2023"},{"label":"Revenue","value":"$82.5 million"},{"label":"Net income","value":"$13.1 million"},{"label":"EPS","value":"$(0.58)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}