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Stock impact report

Douglas Dynamics Announces Preliminary Fourth Quarter and Full Year 2023 Results and Implementation of 2024 Cost Savings Program

Douglas Dynamics, Inc. (PLOW) 
Last douglas dynamics, inc. earnings: 2/24 06:28 pm Check Earnings Report
Company Research Source: GlobeNewswire
Work Truck Attachments – Ongoing lack of snowfall significantly impacted fourth quarter resultsWork Truck Solutions – Produced Net Sales growth and delivered strong margins compared to 2022 resultsInitiated 2024 Cost Savings Program in January 2024 – Expected to deliver annualized savings of $8 to $10 million, or approximately $0.25 adjusted EPS, with approximately 75% expected to be realized in 2024 Initial 2024 financial outlook projects 70% - 80% increase in Adjusted EPS versus 2023Dividend remains top capital allocation priorityComplete fourth quarter and full year 2023 earnings call date set for February 27, 2024 MILWAUKEE, Wis., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced preliminary results for the quarter and full year ended December 31, 2023. Preliminary Consolidated Fourth Quarter and Full Year 2023 Results $ in millions(except EPS)Prelim Show less Read more
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