AI Earnings Predictions for Douglas Dynamics Inc. (PLOW)

EX-99.1

2 ex_995260.htm

EXHIBIT 99.1

ex_995260.htm

Exhibit 99.1

DOUGLAS DYNAMICS REPORTS RECORD SECOND QUARTER 2026 RESULTS

Raises 2026 Outlook Ranges Based on Attachments Preseason Outperformance

Second Quarter 2026 Highlights*:

●

Net Sales increased 10% to a record $214.6 million

●

Net Income of $25.4 million, with $1.07 of diluted EPS

●

Adjusted EBITDA increased 5% to a record $44.6 million

●

Adjusted diluted EPS increased 7% to a record $1.22

●

Returned approximately $10 million of cash to shareholders

*All comparisons are to second quarter 2025 financials

August 3, 2026 — Milwaukee, Wisconsin — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the second quarter ended June 30, 2026. Unless otherwise stated, all comparisons made in this document are between the second quarters of 2026 and 2025.

Mark Van Genderen, President & CEO, noted, “Our team delivered another quarter of strong results as we continue advancing our long-term vision to build a comprehensive portfolio of trusted work vehicle attachments and solutions that set the standard for safety, quality, and productivity. As we move through the second half of the year, we are confident in our team's ability to execute our strategic priorities, and we believe we are on track to deliver record annual results in 2026."

Consolidated Second Quarter 2026 Results

●

Net Sales increased 10% to a record $214.6 million based on strong pre-season orders at Work Truck Attachments.

●

Net Income of $25.4 million translated to $1.07 of diluted EPS.

●

Adjusted EBITDA increased 5% to a record $44.6 million, which drove record adjusted diluted EPS of $1.22, a 7% increase.

$ in millions

(except Margins & EPS)

Q2 2026

Q2 2025

Net Sales

$214.6

$194.3

Gross Profit Margin

31.1%

31.0%

Income from Operations

$35.4

$37.0

Net Income

$25.4

$26.0

Diluted EPS

$1.07

$1.09

Adjusted EBITDA

$44.6

$42.6

Adjusted EBITDA Margin

20.8%

21.9%

Adjusted Net Income

$28.9

$27.2

Adjusted Diluted EPS

$1.22

$1.14

Douglas Dynamics – Second Quarter 2026

Page 2

Work Truck Attachments Segment Second Quarter 2026 Results

●

Net Sales increased 20% to $129.3 million, driven by strong demand for snow and ice control products, plus the addition of Venco Venturo.

●

Adjusted EBITDA increased 13% to $35.8 million, with Adjusted EBITDA margins of 27.7%, based on the impact of Venco Venturo, timing of preseason shipments, and business mix.

●

The ratio of pre-season shipments in 2026 is expected to be close to a 50% to 50% split between the second and third quarters, compared to a 60% to 40% split in 2025.

Van Genderen explained, “The strong snowfall this past winter set the stage for a robust pre-season in Attachments, and results to date have exceeded our initial expectations, particularly for parts and accessories. Based on the strength of our third-quarter projections, we anticipate preseason shipments will be split nearly evenly between the second and third quarters this year. Our team continues to execute effectively, ensuring timely deliveries to dealers and enabling installations to be completed ahead of the winter season.”

$ in millions

(except Adjusted EBITDA Margin)

Q2 2026

Q2 2025

Net Sales

$129.3

$108.1

Adjusted EBITDA

$35.8

$31.6

Adjusted EBITDA Margin

27.7%

29.2%

Work Truck Solutions Segment Second Quarter 2026 Results

●

Net Sales of $85.3 million are relatively flat, with lower Adjusted EBITDA of $8.8 million, based on continued lower commercial demand somewhat offset by strength in municipal demand.

Van Genderen stated, “The Solutions segment produced a strong quarter overall, despite facing a tough comparison to record second quarter results in 2025. Municipal demand continues to be a source of strength, and we continue to invest to expand our capacity to meet customer needs. At the same time, we are navigating softer demand in select commercial business lines. As a result, we are taking targeted actions to optimize our sales and marketing efforts and align our cost structure to preserve profitability.”

$ in millions

(except Adjusted EBITDA Margin)

Q2 2026

Q2 2025

Net Sales

$85.3

$86.2

Adjusted EBITDA

$8.8

$11.0

Adjusted EBITDA Margin

10.3%

12.8%

Dividend & Liquidity

●

Returned approximately $10 million of cash to shareholders through the payment of a quarterly cash dividend of $0.295 per diluted share, and the repurchase of approximately 67,500 shares of company stock.

●

Net cash used in operating activities increased $12.5 million to $25.2 million for the first half of 2026. The increase was due to higher inventory required to meet demand across both segments and increased receivables driven by higher net sales.

●

Capital expenditures increased by $2.2 million to $7.3 million in the first half of 2026 as planned. The Company continues to expect 2026 Capital Expenditures to b

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plow20260219_8k.htm

false 0001287213

0001287213

2026-02-23 2026-02-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report

(Date of earliest

event reported):         February 23, 2026

DOUGLAS DYNAMICS, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-34728

13-4275891

(State or other

jurisdiction of

incorporation)

(Commission File

Number)

(IRS Employer

Identification No.)

11270 W Park Place Ste 300, Milwaukee, Wisconsin53224

(Address of principal executive offices, including zip code)

(414) 354-2310

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $.01 per share

PLOW

New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02.

Results of Operations and Financial Condition.

On February 23, 2026, Douglas Dynamics, Inc. issued a press release announcing its financial results for the quarter and full year ended December 31, 2025. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 2.02 and the exhibit hereto are furnished to, but not filed with, the Securities and Exchange Commission.

Item 9.01.

Financial Statements and Exhibits.

(a)          Not applicable.

(b)          Not applicable.

(c)          Not applicable.

(d)          Exhibits. The following exhibit is being furnished herewith:

(99.1)  Press release dated February 23, 2026.

(104)   The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DOUGLAS DYNAMICS, INC.

Date: February 23, 2026

By:

/s/ Sarah C. Lauber

Sarah C. Lauber

Executive Vice President and Chief Financial Officer

3