Financial Performance & Outlook - Consolidated net sales increased by 16% to $95.7 million in Q1 2024 compared to Q1 2023[46] - WTS net sales increased 13.4% to $71.8 million in Q1 2024[20, 46] - WTS Adjusted EBITDA more than doubled to $6.0 million in Q1 2024, with an Adjusted EBITDA margin of 8.4%, the highest since 2019[20, 46] - The company anticipates 2024 sales between $600 million and $640 million, with Adjusted EBITDA between $70 million and $90 million[48] - The company expects Adjusted EPS between $1.20 and $1.70 in 2024, with a tax rate between 24% and 25%[48] Strategic Initiatives - WTS is focused on reducing chassis dependency and exploring vertical integration[16] - The company is implementing a cost savings program expected to deliver $10+ million in sustainable annualized savings[46] - The company initiated a $50 million share buyback program in Spring 2022[53] Market Dynamics - WTA net sales increased 23.9%, driven by increased parts and accessories sales[46] - The company is experiencing lengthening of the equipment replacement cycle due to below-average snowfall in core markets[49]