secwatch.observer — SEC 8-K summary
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Issuer:     DOUGLAS DYNAMICS, INC (PLOW)
CIK:        0001287213
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001437749-24-023775
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Douglas Dynamics Q2: Net sales $199.9M (-3.6%), Adj EBITDA $43.7M, guidance maintained
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- Net sales $199.9M (-3.6% YoY); net income $24.3M; diluted EPS $1.02 vs $1.01.
- Work Truck Solutions record: net sales $81.8M (+23.8%), Adj EBITDA $7.9M (vs $1.0M).
- Work Truck Attachments sales $118.1M (-16.4%) due to 40% below avg snowfall; Adj EBITDA margin 30.3%.
- 2024 Cost Savings Program now expects $11-$12M annualized savings, $9M realized in 2024.
- 2024 outlook maintained: Net sales $600M-$640M, Adj EBITDA $70M-$90M, Adj EPS $1.20-$1.70.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1287213/000143774924023775/0001437749-24-023775-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1287213/000143774924023775/plow20240726_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-023775

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