Douglas Dynamics, Inc. operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America. It operates through two segments, Work Truck Attachments and Work Truck Solutions. The Work Truck Attachments segment manufactures and sells snow and ice control attachments, including snowplows, and sand and salt spreaders for light trucks and heavy duty trucks, as well as various related parts and accessories. The Work Truck Solutions segment primarily manufactures municipal snow and ice control products; provides truck and vehicle upfits where it attaches component pieces of equipment, truck bodies, racking, and storage solutions to a vehicle chassis for use by end users for work related purposes; and manufactures storage solutions for trucks and vans, and cable pulling equipment for trucks. This segment also offers up-fit and storage solutions. It also provides customized turnkey solutions to governmental agencies, such as Departments of Transportation and municipalities. The company sells its products under the BLIZZARD, FISHER, HENDERSON, SNOWEX, WESTERN, TURFEX, SWEEPEX, HENDERSON, and DEJANA brands. It distributes its products primarily to professional snowplowers who are contracted to remove snow and ice from commercial and residential areas. The company was founded in 1948 and is headquartered in Milwaukee, Wisconsin.
IPO Year: 2010
Exchange: NYSE
Website: douglasdynamics.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/8/2024 | $36.00 → $25.00 | Outperform → Neutral | Robert W. Baird |
| 10/14/2021 | $48.00 | Buy | DA Davidson |
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MILWAUKEE, May 12, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of commercial work truck attachments and equipment, today celebrated its 15th anniversary as a publicly traded company on the New York Stock Exchange (NYSE). To mark the milestone, Sarah Lauber, Executive Vice President and Chief Financial Officer, rang the NYSE Opening Bell® today, joined on the podium by Mark Van Genderen, President and CEO, Don Sturdivant, Chairman of the Board of Directors, and other company representatives. "Becoming an NYSE listed company 15 years ago was a transformative moment in our company's more than 75-year history," said Lauber. "
NEW YORK, May 12, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 12th Stocks are surging early Monday after the U.S. and China agreed to ease tariffs on one another for 90 days while negotiations continue. After talks in Switzerland, the U.S. will bring tariffs on Chinese goods down to 30% from 145%.Commerce Secretary Howard Lutnick this weekend said that the 10% baseline tariff on imports from other countries is likely to remain for the foreseeabl
First Quarter 2025 Highlights*: Net Sales increased 20.3% to a record $115.1 million Gross Margin improved by 470 basis points to 24.5%Net Income improved to $0.1 million, with break-even diluted EPSAdjusted EBITDA increased to $9.4 millionRecord adjusted diluted EPS of $0.09 *All comparisons are to first quarter 2024 financials MILWAUKEE, May 05, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the first quarter ended March 31, 2025. Unless otherwise stated, all comparisons made in this document are betwee
MILWAUKEE, 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 of the Board of Directors, ensuring a smooth transition and continued strategic oversight. The Board of Directors has appointed Don Sturdivant, the current Lead Director, to succeed Mr. Janik as Chairman. "Jim has been a tremendous leader for Douglas Dynamics, guiding the Company through
MILWAUKEE, April 22, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the first quarter of 2025 after market close on Monday, May 5, 2025. A conference call will be held to discuss the financial results on Tuesday, May 6, 2025 at 9:00 a.m. Central Time and will be hosted by Mark Van Genderen, President and Chief Executive Officer and Sarah Lauber, Executive Vice President and Chief Financial Officer. The conference call will be simulcast live on the Company's website at: www.douglasdynamics.com. Alternatively, please dial (833)
MILWAUKEE, March 03, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced the Board of Directors has appointed Mark Van Genderen as President and Chief Executive Officer (CEO), effective immediately. He will also join the Board of Directors effective immediately. Mr. Van Genderen has been with the company for five years, and most recently served as Chief Operating Officer and President of Work Truck Attachments. He succeeds Interim President & CEO, James (Jim) L. Janik, who will return to his former role as Chairman of the Board of Directors. "Over the past five years, Mark
Full Year 2024 Highlights* Net Sales of $568.5 million, Net Income of $56.2 million, and Diluted Earnings per Share of $2.36Both Adjusted Net Income and Adj. Diluted EPS increased approximately 45% to $35.2 million $1.47, respectively Work Truck Solutions produced record full year resultsWork Truck Attachments delivered improved margins 2024 Cost Savings Program exceeded expectations delivering over $10 million in savingsAnnounced 1Q25 quarterly dividend of $0.295 per shareOutlined 2025 full year outlook *Compared to full year 2023 financials MILWAUKEE, Wis., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work
MILWAUKEE, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced the appointment of Chris Bernauer as President of Work Truck Attachments, effective February 28, 2025. During his career, Bernauer has gained extensive experience in manufacturing, engineering, product development, sales and marketing, and dealer engagement, primarily in the automotive, motorcycle and marine sectors. Most recently, he served as President & CEO of Temperature Systems Inc. Prior to that, he was President of Harris & Cypress Cay Pontoons, a division of Brunswick Corporation, and held a va
MILWAUKEE, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the fourth quarter and full year 2024 after market close on Monday, February 24, 2025. A conference call will be held to discuss the financial results on Tuesday, February 25, 2025 at 9:00 a.m. Central Time and will be hosted by Jim Janik, Chairman and Interim President and Chief Executive Officer, Sarah Lauber, Executive Vice President and Chief Financial Officer and Mark Van Genderen, Chief Operating Officer and President, Work Truck Attachments. The conferen
MILWAUKEE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of $0.295 per share for the fourth quarter of 2024. The declared dividend will be paid on December 31, 2024 to stockholders of record on December 16, 2024. About Douglas Dynamics Home to the most trusted brands in the industry, Douglas Dynamics is North America's premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 years, the Company has been innovating products that not only e
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Robert W. Baird downgraded Douglas Dynamics from Outperform to Neutral and set a new price target of $25.00 from $36.00 previously
DA Davidson initiated coverage of Douglas Dynamics with a rating of Buy and set a new price target of $48.00
Craig Hallum reiterated coverage of Douglas Dynamics with a rating of Hold and set a new price target of $45.00 from $38.00 previously
Baird upgraded Douglas Dynamics from Neutral to Outperform and set a new price target of $52.00 from $38.00 previously
Robert W. Baird upgraded Douglas Dynamics from Neutral to Outperform and set a new price target of $52.00 from $38.00 previously
First Quarter 2025 Highlights*: Net Sales increased 20.3% to a record $115.1 million Gross Margin improved by 470 basis points to 24.5%Net Income improved to $0.1 million, with break-even diluted EPSAdjusted EBITDA increased to $9.4 millionRecord adjusted diluted EPS of $0.09 *All comparisons are to first quarter 2024 financials MILWAUKEE, May 05, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the first quarter ended March 31, 2025. Unless otherwise stated, all comparisons made in this document are betwee
MILWAUKEE, April 22, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the first quarter of 2025 after market close on Monday, May 5, 2025. A conference call will be held to discuss the financial results on Tuesday, May 6, 2025 at 9:00 a.m. Central Time and will be hosted by Mark Van Genderen, President and Chief Executive Officer and Sarah Lauber, Executive Vice President and Chief Financial Officer. The conference call will be simulcast live on the Company's website at: www.douglasdynamics.com. Alternatively, please dial (833)
Full Year 2024 Highlights* Net Sales of $568.5 million, Net Income of $56.2 million, and Diluted Earnings per Share of $2.36Both Adjusted Net Income and Adj. Diluted EPS increased approximately 45% to $35.2 million $1.47, respectively Work Truck Solutions produced record full year resultsWork Truck Attachments delivered improved margins 2024 Cost Savings Program exceeded expectations delivering over $10 million in savingsAnnounced 1Q25 quarterly dividend of $0.295 per shareOutlined 2025 full year outlook *Compared to full year 2023 financials MILWAUKEE, Wis., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work
MILWAUKEE, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the fourth quarter and full year 2024 after market close on Monday, February 24, 2025. A conference call will be held to discuss the financial results on Tuesday, February 25, 2025 at 9:00 a.m. Central Time and will be hosted by Jim Janik, Chairman and Interim President and Chief Executive Officer, Sarah Lauber, Executive Vice President and Chief Financial Officer and Mark Van Genderen, Chief Operating Officer and President, Work Truck Attachments. The conferen
MILWAUKEE, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of $0.295 per share for the fourth quarter of 2024. The declared dividend will be paid on December 31, 2024 to stockholders of record on December 16, 2024. About Douglas Dynamics Home to the most trusted brands in the industry, Douglas Dynamics is North America's premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 years, the Company has been innovating products that not only e
Third Quarter 2024 Highlights*: Solutions segment delivered record third quarter results with significant increase in profitability2024 Cost Savings Program expected to deliver $11 - $12 million in sustainable annualized savings, with $9 million of savings expected this yearResults include one-time gain of approximately $42.3 million from recent sale leaseback transactionPaid $0.295 per share cash dividend on September 30, 2024Narrowed 2024 full year outlook *Compared to 3Q23 financials MILWAUKEE, Wis., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announce
MILWAUKEE, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that it will release financial results for the third quarter 2024 after market close on Monday, October 28, 2024. A conference call will be held to discuss the financial results on Tuesday, October 29, 2024, at 9:00 a.m. Central Time and will be hosted by Jim Janik, Chairman and Interim President and Chief Executive Officer, Sarah Lauber, Executive Vice President and Chief Financial Officer and Mark Van Genderen, Chief Operating Officer and President, Work Truck Attachments. The conference call will be
Summary: Transaction Value: $64.2 millionLocations: Illinois, Iowa, Maine, Michigan, and WisconsinLease Term: 15-year initial term with two 10-year options to renewUse of Proceeds: Debt reduction and other corporate purposes MILWAUKEE and NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), or the "Company", North America's premier manufacturer and upfitter of commercial work truck attachments and equipment, today announced the successful completion of a sale-leaseback transaction with TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ:TPG). The transaction involves the Company's facilities located in: Huntley,
MILWAUKEE, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that its Board of Directors approved and declared a quarterly cash dividend of $0.295 per share for the third quarter of 2024. The declared dividend will be paid on September 30, 2024 to stockholders of record on September 16, 2024. About Douglas Dynamics Home to the most trusted brands in the industry, Douglas Dynamics is North America's premier manufacturer and up-fitter of commercial work truck attachments and equipment. For more than 75 years, the Company has been innovating products that not only
Positive Performance Driven by Work Truck Solutions Growth and Success of 2024 Cost Savings Program Second Quarter 2024 Highlights*: Solutions segment delivered record second quarter results with 24% Net Sales growth, and a significant increase in profitabilitySuccessful implementation of 2024 Cost Savings Program yields additional savings; now expected to deliver $11 - $12 million in sustainable annualized savingsPaid $0.295 per share cash dividend on June 28, 2024Maintained 2024 full year outlook *Compared to 2Q23 financials MILWAUKEE, July 29, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachment
MILWAUKEE, 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 of the Board of Directors, ensuring a smooth transition and continued strategic oversight. The Board of Directors has appointed Don Sturdivant, the current Lead Director, to succeed Mr. Janik as Chairman. "Jim has been a tremendous leader for Douglas Dynamics, guiding the Company through
MILWAUKEE, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced the appointment of Chris Bernauer as President of Work Truck Attachments, effective February 28, 2025. During his career, Bernauer has gained extensive experience in manufacturing, engineering, product development, sales and marketing, and dealer engagement, primarily in the automotive, motorcycle and marine sectors. Most recently, he served as President & CEO of Temperature Systems Inc. Prior to that, he was President of Harris & Cypress Cay Pontoons, a division of Brunswick Corporation, and held a va
MILWAUKEE, May 16, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced the start of a CEO transition process. Robert McCormick (Bob) has informed the Board of Directors of his intention to retire from the company and the Board of Directors in July 2024, after 20 years of service. Upon his retirement, Mr. McCormick will remain as a consultant to the Company to assist with the leadership transition through the end of 2024. Current Chairman of the Board of Directors, James L. Janik (Jim), is returning as Executive Chairman. Upon Mr. McCormick's retirement, Mr. Janik will b
Mayville Engineering Company (NYSE:MEC) (the "Company" or "MEC"), a leading U.S.-based value-added manufacturing partner that provides a full suite of services from concept to production today announced that the Board of Directors has elected Robert (Bob) McCormick as a new independent director of the company, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221221005548/en/Robert (Bob) McCormick (Photo: Business Wire) "We are pleased that Bob has accepted the invitation to join our Board," said Tim Christen, non-executive Chair of the Board of Directors of Mayville Engineering Company. "He is an experienced
MILWAUKEE, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE:PLOW), North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced that the Board of Directors has elected Joher Akolawala to serve as a director of the Company. The Company also announced that James D. (Jim) Staley has decided to retire from the Board at the end of his current term expiring at the 2023 annual meeting of stockholders. Mr. Staley has been serving as a director since 2010. "We are pleased to welcome Joher as a new independent director," said Jim Janik, Chairman of the Board of Directors. "He has a track record of proven leadership at multinational ente