Douglas Dynamics (PLOW) Tops Q2 EPS by 22c, Offers Guidance

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Douglas Dynamics Reports Second Quarter 2023 Results

July 31, 2023 5:00 PM EDT

Second Quarter Highlights:

Net Sales increased 10.5% to a record of $207.3 millionGross Profit improved 19.8% to $61.4 million Net Income increased 35.2% to $24.0 million, or $1.01 of Diluted EPS Adjusted EBITDA increased 26.9% to $43.3 millionAttachments produced record revenue and 30% EBITDA marginReiterated 2023 guidance rangesPaid $0.295 per share cash dividend... More