Highest-materiality recent filing
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.
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
Max materiality 0.85 · Median 0.70 · Most common event earnings