---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-013796"
form_type: "8-K"
ticker: "PLOW"
cik: "0001287213"
company_name: "DOUGLAS DYNAMICS, INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:09:16.699404+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Douglas Dynamics Q1 net sales up 16%, net loss narrows; expands cost savings program to $10M+ annualized

## Summary
- Net sales $95.7M (+16% YoY); net loss improved to $(8.4)M from $(13.1)M; diluted EPS $(0.37) vs $(0.58).
- Adjusted EBITDA swung to $1.5M from $(7.4)M; Solutions segment EBITDA margin hit 8.4%, highest Q1 since 2019.
- Expanded 2024 Cost Savings Program to deliver $10+ million sustainable annualized savings; $8-9M expected in 2024.
- Updated FY2024 outlook: net sales $600-640M (prev $600-660M), adj. EBITDA $70-90M (prev $70-100M), adj. EPS $1.20-1.70 (prev $1.20-2.10).
- Quarterly dividend of $0.295/share paid March 29; credit facility leverage covenant temporarily increased to 4.0x.

## SEC filing metadata
- accession: 0001437749-24-013796
- form_type: 8-K
- ticker: PLOW
- cik: 0001287213
- company_name: DOUGLAS DYNAMICS, INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287213/000143774924013796/0001437749-24-013796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287213/000143774924013796/plow20240426_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-013796
- JSON: https://secwatch.observer/filing/0001437749-24-013796.json
- Plain text: https://secwatch.observer/filing/0001437749-24-013796.txt

## Key facts
- Earnings Releases
  DOUGLAS DYNAMICS, INC reported financial results for first quarter ended March 31, 2024.
  - Period: first quarter ended March 31, 2024
  - Result: reported results
  source text: On April 29, 2024, Douglas Dynamics, Inc. issued a press release announcing its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287213/000143774924013796/0001437749-24-013796-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.