Douglas Dynamics reports Q2 adjusted EPS $1.14, consensus 88c

Reports Q2 revenue $194.3M, consensus $182.77M. “We take great pride in the fact that strong execution, unwavering dedication, and market leading innovation remain defining hallmarks of our company,” commented Mark Van Genderen, CEO. “Today, we are focused on optimizing our current business while pursuing growth opportunities to expand our offering. Our team delivered excellent results this quarter, and we believe we are in a great position to execute on our plans in the second half of the year and beyond.” “Following another record quarter for Solutions, and pre-season orders at Attachments being in line with our expectations, we are raising and narrowing our guidance ranges,” explained Sarah Lauber, CFO. “Economic and tariff uncertainty persists, but our U.S. centric business model supports our belief that we are well positioned under the circumstances. Solutions maintains a strong backlog and is tracking well to another full year of improved margins. The elongated equipment replacement cycle will continue to have an impact at Attachments, but recent pre-season and dealer inventory data indicate our expectations for 2025 remain on track.”