Welcome to our dedicated page for Douglas Dynamics news (Ticker: PLOW), a resource for investors and traders seeking the latest updates and insights on Douglas Dynamics stock.
Douglas Dynamics, Inc. (NYSE: PLOW) is described by the company as North America’s premier manufacturer and upfitter of commercial work truck attachments and equipment. The PLOW news page on Stock Titan aggregates company-issued announcements and market-moving updates so readers can follow how this work truck equipment manufacturer communicates with investors and stakeholders over time.
Douglas Dynamics’ news flow frequently highlights performance and developments in its two segments: Work Truck Attachments and Work Truck Solutions. Earnings releases provide detail on segment net sales, adjusted EBITDA, and factors such as municipal demand, snowfall patterns affecting snow and ice control equipment, and throughput and efficiency improvements. Management commentary often discusses backlog levels, product mix, and the impact of weather and economic conditions on work truck equipment demand.
Investors can also find announcements related to dividends, as the company regularly discloses quarterly cash dividend declarations on its common stock. Other news items include information on acquisitions, such as the purchase of substantially all the assets of Venco Venturo Industries LLC, which added truck-mounted service cranes and dump hoists to the Work Truck Attachments portfolio. Governance updates, including changes to the Board of Directors and committee assignments, appear in both press releases and related SEC filings.
By reviewing the Douglas Dynamics news stream, readers can track how the company reports its financial results, communicates strategic priorities like its Optimize, Expand, and Activate pillars, and updates the market on capital allocation decisions. Bookmark this page to quickly access the latest PLOW earnings releases, dividend announcements, acquisition news, and governance updates in one place.
Douglas Dynamics (NYSE: PLOW), North America's leading manufacturer of commercial work truck attachments and equipment, celebrated its 15th anniversary as a NYSE-listed company. The milestone was marked by CFO Sarah Lauber ringing the NYSE Opening Bell®, accompanied by CEO Mark Van Genderen and Board Chairman Don Sturdivant.
With over 75 years of industry experience, Douglas Dynamics operates through two segments: Work Truck Attachments (including FISHER®, SNOWEX® and WESTERN® brands for snow and ice control equipment) and Work Truck Solutions (featuring HENDERSON® and DEJANA® brands for attachments and storage solutions). The company implements its proprietary Douglas Dynamics Management System (DDMS) to drive continuous improvement in quality, service, and delivery.
Douglas Dynamics (NYSE: PLOW), North America's leading manufacturer of work truck attachments and equipment, announced a board leadership transition. Jim Janik will step down as Chairman effective April 30, 2025, but will continue serving as a Board member. Don Sturdivant, the current Lead Director, has been appointed as the new Chairman.
Sturdivant, who has served on the Board since 2010 and as Lead Director since 2023, brings extensive experience as an Operating Partner at TruArc LLC and former CEO positions at FleetPride and Marietta Corporation. With this appointment, the company will eliminate the Lead Director role.
Douglas Dynamics (NYSE: PLOW), North America's premier manufacturer of work truck attachments and equipment, has scheduled its first quarter 2025 earnings release for Monday, May 5, 2025, after market close. A conference call discussing the results will be held on Tuesday, May 6, 2025, at 9:00 a.m. Central Time, led by President and CEO Mark Van Genderen and EVP/CFO Sarah Lauber.
The company operates through two segments: Work Truck Attachments, featuring commercial snow and ice control equipment under the FISHER®, SNOWEX® and WESTERN® brands, and Work Truck Solutions, which includes attachments and storage solutions under the HENDERSON® and DEJANA® brands. Douglas Dynamics has been innovating products for over 75 years, focusing on operational efficiency and business profitability through its proprietary Douglas Dynamics Management System (DDMS).
Douglas Dynamics (NYSE: PLOW), North America's premier manufacturer of work truck attachments and equipment, has announced Mark Van Genderen as its new President and CEO, effective immediately. Van Genderen, who will also join the Board of Directors, previously served as Chief Operating Officer and President of Work Truck Attachments.
Van Genderen brings five years of experience with Douglas Dynamics and a 21-year tenure at Harley-Davidson Motor Company. His previous roles at Douglas Dynamics included President of Commercial Snow & Ice Control and Vice President of Strategy and Business Development. He succeeds Interim President & CEO Jim Janik, who will return to his position as Chairman of the Board of Directors.
The Board expressed confidence in Van Genderen's leadership abilities, citing his strategic thinking and operational acumen as important factors for the company's future growth in the work truck industry. Under Janik's interim leadership, the company reported improved results in 2024 and established a foundation for future growth.
Douglas Dynamics (NYSE: PLOW) reported its financial results for Q4 and full year 2024, highlighting record performance at Work Truck Solutions and margin improvements at Work Truck Attachments. The company achieved net sales of $568.5 million, net income of $56.2 million, and diluted earnings per share (EPS) of $2.36. Adjusted net income and adjusted EPS increased approximately 45% to $35.2 million and $1.47, respectively.
The 2024 Cost Savings Program exceeded expectations, delivering over $10 million in savings. The Work Truck Solutions segment saw a 13.0% increase in net sales to $312.5 million, with adjusted EBITDA up 75.6% to $30.9 million. The Work Truck Attachments segment improved margins by 160 basis points to 18.9% despite suppressed demand.
For 2025, Douglas Dynamics forecasts net sales between $610 million and $650 million, adjusted EBITDA from $75 million to $95 million, and adjusted EPS of $1.30 to $2.10. The company declared a quarterly dividend of $0.295 per share for Q1 2025. Liquidity at the end of 2024 included $5.1 million in cash and $150 million in borrowing availability. Free cash flow increased to $33.3 million from $1.9 million in 2023.
Douglas Dynamics (NYSE: PLOW) has appointed Chris Bernauer as President of Work Truck Attachments, effective February 28, 2025. Bernauer brings over 30 years of manufacturing sector experience, most recently serving as President & CEO of Temperature Systems Inc. and previously as President of Harris & Cypress Cay Pontoons at Brunswick
Based in Milwaukee and reporting to COO Mark Van Genderen, Bernauer will manage strategy, operations, and new product development for the Work Truck Attachments division. He takes over from Van Genderen, who is now focusing on his COO responsibilities since September 2024.
Bernauer's extensive background includes 18 years at Harley-Davidson in various roles, leadership positions at Indian Motorcycle Company, and early career experience at Toyota Motor Manufacturing. He holds a B.S. in Mechanical Engineering from UW-Madison and an MBA from Northwestern's Kellogg School of Management.
Douglas Dynamics (NYSE: PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, has scheduled its fourth quarter and full year 2024 earnings release for Monday, February 24, 2025, after market close. A conference call to discuss the results will be held on Tuesday, February 25, 2025, at 9:00 a.m. Central Time.
The call will be hosted by Jim Janik (Chairman and Interim President and CEO), Sarah Lauber (Executive VP and CFO), and Mark Van Genderen (COO and President, Work Truck Attachments). The company operates through two segments: Work Truck Attachments (including FISHER®, SNOWEX®, and WESTERN® brands) and Work Truck Solutions (including HENDERSON® and DEJANA® brands).
Douglas Dynamics (NYSE: PLOW), North America's premier manufacturer of work truck attachments and equipment, has declared a quarterly cash dividend of $0.295 per share for the fourth quarter of 2024. The dividend will be paid on December 31, 2024 to stockholders of record as of December 16, 2024.
The company operates through two segments: Work Truck Attachments, which includes commercial snow and ice control equipment under the FISHER, SNOWEX, and WESTERN brands, and Work Truck Solutions, which provides attachments and storage solutions under the HENDERSON and DEJANA brands.