Douglas Dynamics Q3: Mixed Results, Positive Outlook
Update: 2025-11-10
Description
Douglas Dynamics, known by its stock ticker PLOW, reported mixed but generally positive third-quarter earnings. Sales surged due to robust demand in its Work Truck Solutions segment, which grew by over thirty percent. Despite slightly missing Wall Streets revenue expectations, the company met adjusted earnings per share estimates and exceeded adjusted EBITDA projections by over eleven percent. The CEO, Mark Van Genderen, noted low dealer inventories and the successful integration of Venco Venturo, an acquisition expected to boost profitable growth. Douglas Dynamics raised its full-year revenue and adjusted earnings per share guidance, expressing confidence in its performance. The company will focus on integrating acquisitions, managing supply chains, and monitoring the Attachments segments performance.
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