Core Insights - Douglas Dynamics reported strong financial performance in 2025, with record net sales and profitability, driven by favorable weather conditions and strategic initiatives [2][5][6] Financial Performance - In Q4 2025, net sales increased approximately 29% to $184.5 million, with full-year net sales reaching a record $656.1 million [5][6] - Adjusted EBITDA for Q4 rose approximately 37% to $25.8 million, with an adjusted EPS increase of about 58% to $0.62 [6] - The company achieved a net income of $46.9 million for the full year, with diluted EPS at $1.96 [6] Segment Performance - Work Truck Attachments saw significant growth, with Q4 net sales and Adjusted EBITDA both increasing over 50% to $83.1 million and $13.9 million, respectively [9] - Work Truck Solutions also delivered record results, with Q4 net sales up approximately 13% to $101.5 million and Adjusted EBITDA growing approximately 22% to $11.9 million [11] Strategic Focus - The company is focused on a strategic framework of "optimize, expand, activate," which includes the integration of the Venco Venturo acquisition, expected to be accretive to EPS and free cash flow in 2026 [4][15] - Capital allocation priorities include maintaining a quarterly dividend of $0.295 per share and a remaining $38 million for share buybacks [4][16] 2026 Guidance - For 2026, Douglas Dynamics provided guidance for net sales between $710 million and $760 million, with Adjusted EBITDA expected to be between $100 million and $120 million [22] - The company anticipates continued growth driven by improved snowfall and contributions from the Venco acquisition [18]

First Quarter ended December 27, 2025 Quarterly Earnings Report Supplemental Financial Presentation January 28, 2026 Please view this presentation in conjunction with our Q1 2026 earnings release, which is furnished on Form 8-K, our related pre-recorded remarks and additional information regarding our non-GAAP financial measures, including GAAP to non-GAAP reconciliations, available on our website at https://investor.scotts.com. 1 Safe Harbor Disclosure Statements contained in this presentation, which addre ...