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. (PLOW) delivers specialized solutions in snow control equipment and commercial vehicle attachments through brands like Western and Fisher. This news hub provides investors and industry professionals with timely updates on corporate developments directly affecting operational and financial performance.
Access official press releases covering earnings reports, product innovations, and strategic partnerships. Our curated collection ensures you stay informed about PLOW's advancements in work truck solutions and industrial maintenance technologies without promotional bias.
Discover updates spanning two core business segments: Work Truck Attachments for snowplows/spreaders and Work Truck Solutions for vehicle upfitting services. Content includes manufacturing expansions, leadership changes, and market-specific operational updates relevant to commercial fleet operators and municipal service providers.
Bookmark this page for streamlined access to PLOW's evolving story in heavy-duty equipment manufacturing. Verify facts through primary sources while leveraging our aggregation for efficient tracking of material developments impacting the industrial sector.
Douglas Dynamics, a leader in work truck attachments, reported preliminary Q1 2023 results with net sales of $82.5 million, a decline from $102.6 million in Q1 2022. The company faced a net loss of $13.1 million, compared to a loss of $3.9 million the previous year, resulting in a diluted EPS of (0.58). Adjusted EBITDA also decreased to (7.4 million) from $4.6 million. The low snowfall this winter impacted reorder patterns significantly, leading to a downward adjustment in the 2023 financial outlook, now projecting net sales between $620 million and $650 million and adjusted EPS between $1.55 and $2.00.
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