{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-029427","form_type":"8-K","ticker":"PLOW","cik":"0001287213","company_name":"DOUGLAS DYNAMICS, INC","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.533839+00:00","generated_at":"2026-06-09T04:17:35.529290+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Douglas Dynamics Q3 net sales $144.1M, adj EPS $0.25; lowers 2023 EBITDA outlook to $77-92M","bullets":["Net sales down 13% YoY to $144.1M; net income $5.8M ($0.24 diluted EPS) vs $13.3M ($0.56) in Q3 2022.","Attachments segment sales fell 30% to $75.9M; adjusted EBITDA margin 16.2% vs 21.2% due to low snowfall and dealer inventory.","Solutions segment sales up 18% to $68.2M; adjusted EBITDA margin improved 350bps to 7.3% on pricing and efficiencies.","2023 guidance lowered: net sales $610-640M (prev $620-650M); adjusted EBITDA $77-92M (prev $85-100M); adj EPS $1.30-1.70 (prev $1.55-2.00).","Paid quarterly dividend of $0.295/share on Sept 29, 2023; free cash flow negative $(71.9)M YTD."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-029427","json":"https://secwatch.observer/filing/0001437749-23-029427.json","markdown":"https://secwatch.observer/filing/0001437749-23-029427.md","text":"https://secwatch.observer/filing/0001437749-23-029427.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923029427/0001437749-23-029427-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923029427/plow20231027_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:17:35.529290+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":"2ed640709110228d8d005cec2ba57f61d6d7a25c","claim":"DOUGLAS DYNAMICS, INC reported the third quarter ended September 30, 2023 results: revenue $144.1 million, net income $5.8 million, EPS $0.24 of diluted earnings per share.","evidence_excerpt":"DOUGLAS DYNAMICS REPORTS THIRD QUARTER 2023 RESULTS Work Truck Solutions Improved Both Top and Bottom-Line Results Third Quarter Highlights: ● Produced Net Sales of $144.1 million ● Delivered Net Income of $5.8 million, or $0.24 of Diluted EPS ● Solutions Net Sales increased approximately 18% and Adjusted EBITDA margin improved to 7.3% ● Updated 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287213/000143774923029427/0001437749-23-029427-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$144.1 million"},{"label":"Net income","value":"$5.8 million"},{"label":"EPS","value":"$0.24 of diluted earnings per share"},{"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"}