secwatch.observer — SEC 8-K summary
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Issuer:     DOUGLAS DYNAMICS, INC (PLOW)
CIK:        0001287213
Form:       8-K
Filed at:   2023-05-01T23:59:59+00:00
Accession:  0001437749-23-011951
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Dynamics Q1 net loss of $13.1M; EPS -$0.58; guidance cut on low snowfall
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287213/000143774923011951/0001437749-23-011951-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287213/000143774923011951/plow20230424_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-011951

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