Douglas Dynamics Q3 sales up 25%; raises FY2025 guidance; announces Venco Venturo acquisition

DOUGLAS DYNAMICS, INC

2025-Q3 EPS reported $1.42 revenue$471,515,000

Q3 net sales $162.1M (+25% YoY); adjusted EPS $0.40 vs $0.24 YoY.
Solutions segment record sales $94.0M (+36% YoY) and record adjusted EBITDA $9.6M.
Adjusted EBITDA $20.1M (+31% YoY); raised FY25 guidance: sales $635-660M, EBITDA $87-102M, EPS $1.85-2.25.
Announced acquisition of Venco Venturo (truck-mounted cranes/hoists); terms not disclosed.
Paid Q3 dividend $0.295/share; leverage ratio 1.9x.

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