{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-005597","form_type":"8-K","ticker":"PLOW","cik":"0001287213","company_name":"DOUGLAS DYNAMICS, INC","filed_at":"2024-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.687780+00:00","generated_at":"2026-06-05T10:51:33.348135+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 FY2023 net sales down 8% to $568.2M, net income $23.7M vs $38.6M","bullets":["Diluted EPS $0.98 (adjusted $1.01) vs $1.63 (adjusted $1.84) in FY2022; interest expense rose to $15.7M.","Work Truck Attachments hit by record low snowfall; segment net sales fell to $291.7M from $382.3M.","Work Truck Solutions net sales up 18% to $276.5M, Adjusted EBITDA doubled to $17.6M; margins improved.","2024 Cost Savings Program expected to deliver $8M-$10M annualized pre-tax savings, ~$2M restructuring charges.","Q1 2024 dividend $0.295/share declared; FY2024 guidance: revenue $600M-$660M, Adj. EPS $1.20-$2.10."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-005597","json":"https://secwatch.observer/filing/0001437749-24-005597.json","markdown":"https://secwatch.observer/filing/0001437749-24-005597.md","text":"https://secwatch.observer/filing/0001437749-24-005597.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1287213/000143774924005597/0001437749-24-005597-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1287213/000143774924005597/plow20240223_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T10:51:33.348135+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":"eba22b66513b5d41d415cfd2b304ea561ff4bebe","claim":"DOUGLAS DYNAMICS, INC reported the quarter and full year ended December 31, 2023 results: revenue Net Sales of $568.2 million, net income Net Income of $23.7 million, EPS Diluted Earnings per Share of $0.98.","evidence_excerpt":"hindered by unprecedented weather trends ● Implementation of 2024 Cost Savings Program on track to deliver $8 – 10 million in annualized savings ● Delivered Net Sales of $568.2 million, Net Income of $23.7 million, and Diluted Earnings per Share of $0.98 ● Announced 1Q24 quarterly dividend of $0.295 per share ● Outlined 2024 full year outlook February 26, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1287213/000143774924005597/0001437749-24-005597-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"Net Sales of $568.2 million"},{"label":"Net income","value":"Net Income of $23.7 million"},{"label":"EPS","value":"Diluted Earnings per Share of $0.98"},{"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"}