Highest-materiality recent filing
Douglas Dynamics Q2 net sales up 10% to record $214.6M; raises 2026 guidance
Net sales $214.6M (+10% YoY); diluted EPS $1.07; adjusted diluted EPS $1.22 (+7%).
Douglas Dynamics Q1 net sales $137.8M (+20% YoY); raises FY2026 guidance
Record Q1 net sales of $137.8M, up 20% YoY; net income $6.4M ($0.26 EPS) vs $0.1M a year ago.
Douglas Dynamics shareholders approve officer exculpation amendment, elect directors
Shareholders approved certificate amendment to exculpate certain officers under Delaware law; filed April 30.
Net Sales $656.1M (+15.4% YoY); Diluted EPS $1.96; Adjusted Diluted EPS $2.24 (+52% YoY).
Douglas Dynamics Q3 sales up 25%; raises FY2025 guidance; announces Venco Venturo acquisition
Q3 net sales $162.1M (+25% YoY); adjusted EPS $0.40 vs $0.24 YoY.
Douglas Dynamics appoints two new independent directors; Dano retires after 13 years
Jennifer Ansberry (EVP, GC at Lincoln Electric) and Bradley Nelson (CEO of MasterCraft Boat) appointed as independent directors, effective Oct 29, 2025.
Douglas Dynamics Q2 net income up 6.6%, raises 2025 guidance on Solutions record
Net income $26.0M ($1.09 dil EPS) vs $24.3M ($1.02); adjusted EPS $1.14.
Douglas Dynamics Q1 net sales up 20.3% to record $115.1M; net income positive $0.1M
Net sales increased 20.3% to a record $115.1M; gross margin improved 470 bps to 24.5%.
Douglas Dynamics stockholders elect three directors at 2025 annual meeting
Elected Margaret S. Dano, Donald W. Sturdivant, and Mark Van Genderen to three-year terms expiring 2028.
Douglas Dynamics refinances with $150M term loan and $125M revolver due 2030
New credit agreement includes $150M senior secured term loan and $125M revolving facility.
Douglas Dynamics appoints Mark Van Genderen as President & CEO effective March 3, 2025
Mark Van Genderen, formerly COO, elected President & CEO; succeeds interim CEO James Janik.
Douglas Dynamics FY2024 adj. EPS $1.47 (+45% YoY); guides FY2025 sales $610-650M
Full year net sales $568.5M (flat YoY); net income $56.2M vs $23.7M; diluted EPS $2.36 vs $0.98.
Douglas Dynamics elects Chris Bernauer as President, Work Truck Attachments
Chris Bernauer elected President, Work Truck Attachments effective February 28, 2025.
CHRO Linda Evans to retire Jan 2, 2025; separation agreement extends COBRA
Chief Human Resources Officer Linda Evans to retire effective Jan 2, 2025; officer role ends Dec 31, 2024.
Douglas Dynamics Q3 adj EPS $0.24; narrows FY24 guidance; sale-leaseback gain $42.3M
Q3 net sales $129.4M (down 10% YoY); adj. EBITDA $15.3M vs $17.3M.
Douglas Dynamics elects Mark Van Genderen as COO; CHRO Linda Evans to retire Jan 2025
Mark Van Genderen elected COO effective Sept 17, 2024; remains President, Work Truck Attachments until successor named.
Douglas Dynamics completes $62.4M sale-leaseback of seven facilities; net proceeds ~$50M
Gross proceeds of $62.4M from sale of 7 facilities (~780K sq ft) to TPG Angelo Gordon affiliate.
Douglas Dynamics grants $300K RSU award to President of Work Truck Attachments
One-time RSU award valued at $300,000 granted to Mark Van Genderen, President, Work Truck Attachments.
Douglas Dynamics Q2: Net sales $199.9M (-3.6%), Adj EBITDA $43.7M, guidance maintained
Net sales $199.9M (-3.6% YoY); net income $24.3M; diluted EPS $1.02 vs $1.01.
Douglas Dynamics CEO Bob McCormick retiring July 8; Chairman Janik to serve as Interim CEO
McCormick retires after 20 years; will consult through Dec 2024.
Net sales $95.7M (+16% YoY); net loss improved to $(8.4)M from $(13.1)M; diluted EPS $(0.37) vs $(0.58).
Douglas Dynamics shareholders approve 2024 Stock Incentive Plan with 1.28M share pool
Approved at annual meeting: 19,026,390 for (96.4% of votes cast), 713,121 against, 17,847 abstentions.
Douglas Dynamics FY2023 net sales down 8% to $568.2M, net income $23.7M vs $38.6M
Diluted EPS $0.98 (adjusted $1.01) vs $1.63 (adjusted $1.84) in FY2022; interest expense rose to $15.7M.
Douglas Dynamics amends credit agreement to temporarily raise leverage ratio covenant
Leverage ratio raised from 3.50x to 4.25x for Q4 2023; 4.00x for Q1/Q2 2024; returns to 3.50x from Q3 2024.
Douglas Dynamics prelim Q4 EPS $0.29 ($0.19 adj) vs $0.52; 2024 adj EPS seen up 70-80%
Q4 net sales $134M vs $159.8M; net income $7M vs $11.5M.
Douglas Dynamics Q3 net sales $144.1M, adj EPS $0.25; lowers 2023 EBITDA outlook to $77-92M
Net sales down 13% YoY to $144.1M; net income $5.8M ($0.24 diluted EPS) vs $13.3M ($0.56) in Q3 2022.
Douglas Dynamics Q3 2023 earnings filed; no specific data in 8-K text
Company issued press release and held conference call on Oct 31, 2023 for Q3 results.
Presentation prepared for DA Davidson 22nd Annual Diversified Industrials & Services Conference, September 20-22, 2023.
Douglas Dynamics Q2 2023 net sales up 10.5% to record $207.3M; adj. EBITDA up 26.9%
Net sales $207.3M (+10.5% YoY); diluted EPS $1.01 vs $0.75; net income $24.0M (+35.2%).
Douglas Dynamics Q1 net loss of $13.1M; EPS -$0.58; guidance cut on low snowfall
Net sales $82.5M, down from $102.6M YoY; net loss $13.1M vs $3.9M loss last year.
Douglas Dynamics annual meeting results: directors elected, say-on-pay approved, Deloitte ratified
Joher Akolawala re-elected with 19,807,338 votes for; James L. Janik re-elected with 18,631,458 votes for.
Douglas Dynamics reports Q1 net loss of $13.1M, cuts 2023 guidance on low snowfall
Q1 net sales $82.5M (down 20% YoY from $102.6M); net loss $13.1M vs $3.9M loss; diluted EPS $(0.58).
Full year net sales $616.1M (+13.8% YoY); net income $38.6M (+25.8%); diluted EPS $1.63 (+26.4%).
Douglas Dynamics ups revolving credit facility by $50M, switches to SOFR
Revolving credit commitment increased by $50M to $150M total; maturity remains June 9, 2026.
Douglas Dynamics Q3 net sales +30.1% to $166.1M; guides FY2022 higher
Net income rose 88.9% to $13.3M ($0.56 diluted EPS); adjusted EPS $0.57.
Keith Hagelin, President of Work Truck Attachments, notified Douglas Dynamics of his retirement effective December 31, 2022.
Douglas Dynamics appoints Joher Akolawala to board; director Staley to retire in 2023
Joher Akolawala elected to Board effective Sept 24, 2022, filling a new seat (board expanded from 7 to 8 directors).
Douglas Dynamics Q2 net sales record $187.6M (+19%); net income $17.7M (+25.7%); guides narrowed
Record Q2 net sales of $187.6M, up 19.1% YoY; net income $17.7M (+25.7%), diluted EPS $0.75.
Douglas Dynamics Q1 net loss $3.9M, reaffirms FY2022 guidance
Net sales $102.6M, essentially flat YoY; net loss $3.9M vs $0.7M profit in Q1 2021.
Douglas Dynamics reports 2022 annual meeting results; all proposals approved
Three directors elected: Margaret S. Dano, Donald W. Sturdivant, Robert L. McCormick, each with >19.4M votes for.
Douglas Dynamics Q4 adj EPS $0.42; board authorizes $50M buyback; 2022 guidance wide
Q4 net sales $152.9M, net income $8.8M ($0.37 diluted EPS), adj EBITDA $19.9M, adj diluted EPS $0.42.
President – Work Truck Solutions role eliminated Nov 30, 2021; CEO Bob McCormick assumes responsibilities.
Douglas Dynamics eliminates President – Work Truck Solutions role; Sievert to transition to new role
Jon Sievert's position as President – Work Truck Solutions eliminated effective November 30, 2021.
Douglas Dynamics Q3 net sales down 4.6% YoY; lowers FY2021 guidance on supply chain woes
Net sales $127.6M (down from $133.8M); GAAP EPS $0.30, adjusted EPS $0.29, both down YoY.
Douglas Dynamics Q2 2021: Net sales $157.5M, Adj EPS $0.91; raises EPS guidance
Net sales $157.5M (+31% YoY); GAAP EPS $0.60 vs ($4.55); Adjusted EPS $0.91 vs $0.33.
the Board of Directors (the “ Board ”) of Douglas Dynamics, Inc. (the “ Company ”) elected Mark Van Genderen, the Company’s then-current Chief Operating Officer, as President and Chief Executive Officer of the Company and a member of the Company’s Board, effective March 3, 2025.
the Board of Directors (the “ Board ”) of Douglas Dynamics, Inc. (the “ Company ”) elected Mark Van Genderen, the Company’s then-current Chief Operating Officer, as President and Chief Executive Officer of the Company and a member of the Company’s Board, effective March 3, 2025.
Mr. Janik will no longer serve as an executive officer of the Company.
Mark Van Genderen, the Company’s Chief Operating Officer since September 17, 2024, has also been serving as President, Work Truck Attachments since his promotion to Chief Operating Officer. Mr. Van Genderen will remain in the role of Chief Operating Officer following the effective date of Mr. Bernauer’s election, and his compensation will remain unchanged.
On February 19, 2025, the Board of Directors of Douglas Dynamics, Inc. (the “ Company ”) elected Chris Bernauer as President, Work Truck Attachments of the Company, effective February 28, 2025.
On September 13, 2024, Linda R. Evans, the Company's Chief Human Resources Officer, provided notice of her intention to retire as of January 2, 2025.
On May 15, 2024, Robert (Bob) McCormick indicated his intent to retire as the President and Chief Executive Officer of Douglas Dynamics, Inc. (the “ Company ”), effective as of July 8, 2024 (the “ Retirement Date ”).
The Company has announced the election of James L. Janik, current Chairman of the Board and the former President, Chief Executive Officer and Executive Chairman of the Company, to serve as Executive Chairman from May 16, 2024 through the Retirement Date
Effective as of the Retirement Date, Mr. McCormick will also retire from the Company’s Board of Directors (the “ Board ”).
after which Mr. Janik will serve as elected by the Board as the Company’s Interim President and Chief Executive Officer
On October 10, 2022, Keith Hagelin notified Douglas Dynamics, Inc. that he intends to retire from his position as President, Work Truck Attachments effective December 31, 2022.
James D. Staley announced to the Board that he does not intend to stand for re-election as a director and will retire from the Board at the end of his current term as a director, effective immediately following the 2023 annual meeting of stockholders.
Max materiality 0.85 · Median 0.70 · Most common event earnings