Quarterly ResultAug 3, 2026, 08:31 AM
Douglas Dynamics Raises 2026 Outlook, Reports Record Q2 Sales $214.6M
AI Summary
Douglas Dynamics, Inc. reported record second-quarter 2026 financial results, with Net Sales increasing 10% to $214.6 million and Adjusted diluted EPS growing 7% to $1.22. The Work Truck Attachments segment saw strong demand, driving a 20% increase in Net Sales. Based on this performance and strong preseason orders, the company raised its full-year 2026 outlook ranges for Net Sales, Adjusted EBITDA, and Adjusted Diluted EPS, anticipating record annual results.
Key Highlights
- Net Sales increased 10% to a record $214.6 million in Q2 2026.
- Adjusted EBITDA increased 5% to a record $44.6 million.
- Adjusted diluted EPS increased 7% to a record $1.22.
- Work Truck Attachments segment Net Sales rose 20% to $129.3 million.
- Returned approximately $10 million to shareholders via dividends and buybacks.
- 2026 Net Sales outlook raised to $765-$805 million (from $750-$795 million).
- 2026 Adjusted EBITDA outlook raised to $120-$135 million (from $110-$125 million).
- 2026 Adjusted Diluted EPS outlook raised to $2.90-$3.40 (from $2.55-$3.05).
Price Impact
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