Core Points - Douglas Dynamics, Inc. celebrated its 15th anniversary as a publicly traded company on the NYSE, marking a significant milestone in its 75-year history [1][3] - The company is recognized as North America's premier manufacturer and upfitter of commercial work truck attachments and equipment, with a commitment to innovation and quality [4] - The company operates through two main segments: Work Truck Attachments and Work Truck Solutions, featuring well-known brands such as FISHER®, SNOWEX®, WESTERN®, HENDERSON®, and DEJANA® [4] Company Overview - Douglas Dynamics has been innovating products for over 75 years, enabling businesses to perform jobs more efficiently and increase profitability [4] - The proprietary Douglas Dynamics Management System (DDMS) focuses on continuous improvement to produce high-quality products and deliver industry-leading service [4] - The company emphasizes optimizing operations, expanding offerings, and enhancing its resilient business model [3]

Financial Performance - Douglas Dynamics, Inc. reported a net sales increase of 20.3% to a record $115.1 million in Q1 2025 compared to Q1 2024, driven by higher sales of equipment and parts [5][6] - Gross profit margin improved by 470 basis points to 24.5%, reflecting enhanced operational efficiency [5][6] - Net income for the quarter was $0.1 million, a significant improvement from a net loss of $(8.4) million in the same period last year [5][6] - Adjusted EBITDA rose to $9.4 million from $1.5 million year-over-year, with a record adjusted diluted EPS of $0.09 [5][6] Segment Performance - The Work Truck Attachments segment saw net sales increase by 52.9% to $36.5 million, with adjusted EBITDA improving to $0.3 million from a loss of $(4.5) million [12][4] - The Work Truck Solutions segment reported net sales of $78.6 million, a 9.5% increase, and adjusted EBITDA of $9.1 million, up 51.7% from the previous year [13][8] Operational Highlights - The company experienced more typical winter weather patterns, leading to increased sales of ice control equipment, with snowfall approximately 30% higher than the previous winter [7] - Selling, general, and administrative expenses increased by $1.9 million to $23.4 million, attributed to improved performance and higher stock-based compensation [6] Liquidity and Capital Structure - The company paid a quarterly cash dividend of $0.295 per share on March 31, 2025, and reduced net cash used in operating activities significantly from $21.6 million in Q1 2024 to $1.3 million in Q1 2025 [14][6] - Total inventory at the end of Q1 2025 was $171.5 million, a decrease from $174.8 million year-over-year, with a notable reduction in the Attachments segment [14][6] 2025 Outlook - The company maintains a positive outlook for 2025, assuming stable economic conditions and average snowfall in core markets [15][11] - Guidance for 2025 includes expected net sales between $610 million and $650 million, with adjusted EBITDA projected to range from $75 million to $95 million [20][11]

Lead Director Don Sturdivant Appointed Chairman of the Board, Jim Janik to Continue Serving as DirectorMILWAUKEE, Wis., May 01, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced a planned board leadership transition. Current Chairman of the Board, James (Jim) L. Janik, has decided to step down from his role as Chairman, effective April 30, 2025. Mr. Janik will continue to serve as a member ...

Hyster-Yale Materials Handling (HY) Q4 2024 Earnings Call February 26, 2025 11:00 AM ET Company Participants Andrea Sejba - Director of Investor Relations & TreasuryRajiv Prasad - President and Chief Executive OfficerScott Minder - Senior Vice President, Chief Financial Officer and TreasurerAlfred Rankin - Executive Chairman Conference Call Participants Edward Jackson - Managing Director & Senior Research Analyst Operator Good morning, ladies and gentlemen, and welcome to the Hyster Yale Inc. Fourth Quarter ...