Quarterly ResultAug 3, 2026, 07:01 AM
Douglas Dynamics Q2 Net Sales $214.6M, Adj. EPS $1.22; Raises 2026 Outlook
AI Summary
Douglas Dynamics, Inc. announced record financial results for the second quarter ended June 30, 2026. Net Sales increased 10% to $214.6 million, and Adjusted diluted EPS rose 7% to $1.22, both setting new records. The Work Truck Attachments segment drove growth with a 20% increase in net sales, while the Work Truck Solutions segment remained relatively flat. The company also raised its full-year 2026 guidance for net sales, adjusted EBITDA, and adjusted diluted EPS, anticipating record annual results.
Key Highlights
- Q2 2026 Net Sales increased 10% to a record $214.6 million.
- Q2 2026 Adjusted diluted EPS increased 7% to a record $1.22.
- Q2 2026 Adjusted EBITDA increased 5% to a record $44.6 million.
- Work Truck Attachments segment Net Sales increased 20% to $129.3 million.
- Work Truck Solutions segment Net Sales were $85.3 million, relatively flat.
- Returned approximately $10 million of cash to shareholders.
- Raised 2026 Net Sales guidance to $765 million - $805 million.
- Raised 2026 Adjusted Diluted EPS guidance to $2.90 - $3.40.
Price Impact
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