The earnings call highlighted strong performance in the Work Truck Solutions segment and the positive outlook for municipal demand, supported by a strong backlog and improved balance sheet. However, challenges in the Work Truck Attachments segment due to decreased sales and softening commercial demand, along with interest rate challenges, present headwinds. Despite some challenges, the overall outlook remains positive with raised guidance.

Company Guidance -

Q3 2025

During the Douglas Dynamics Second Quarter 2025 Earnings Conference Call, the company provided increased guidance for the fiscal year, anticipating net sales between $630 million and $660 million, with adjusted EBITDA projected to range from $82 million to $97 million. Adjusted earnings per share are expected to be between $1.65 and $2.15. This optimistic outlook is based on strong performance in their Work Truck Solutions segment, which delivered its fifth consecutive record quarter with net sales increasing by 5.4% to $86.2 million and adjusted EBITDA growing by 39.8% to $11 million. The Work Truck Attachments segment experienced a slight decrease in net sales due to the timing of preseason shipments, yet is still on track with historical shipment ratios expected to revert to the traditional 55% to 45% split between the second and third quarters. The company also indicated that its municipal demand remains robust, with plans to increase municipal capacity by 10% by 2026. Despite challenges like high interest rates and economic pressures, the company remains confident in its strategic pillars of optimizing operations, expanding geographically and in product offerings, and reactivating M&A opportunities, aiming for long-term growth and profitability.

Record Performance in Work Truck Solutions

The Work Truck Solutions segment delivered its fifth consecutive record performance, with net sales increasing by 5.4% to $86.2 million and adjusted EBITDA growing by 39.8% to $11 million. The adjusted EBITDA margin of 12.8% is a record since 2017.

Favorable Dealer Sentiment

Dealer sentiment and financial health remain positive, with dealer inventories adjusting to expected levels, positioning the company well for the upcoming winter season.

Strong Backlog and Municipal Demand

The backlog in the Solutions segment remains strong, driven by robust municipal demand. The company is adding approximately 10% of additional municipal capacity, expected to come online next year.

Improved Balance Sheet and Leverage

The leverage ratio improved to 2.0x from 3.3x last year, with expectations to maintain around this level. This is within the company's goal range of 1.5x to 3x.

Raised Guidance

Douglas Dynamics raised its guidance based on preseason orders in line with expectations and a strong backlog. The company now expects net sales between $630 million and $660 million, and adjusted EPS between $1.65 and $2.15.

Douglas Dynamics (PLOW) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PLOW Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 03, 2025	2025 (Q3)	0.40 / -	0.24	―	―	―
Aug 04, 2025	2025 (Q2)	0.89 / 1.14	1.11	2.70% (+0.03)	―
May 05, 2025	2025 (Q1)	-0.06 / 0.09	-0.29	131.03% (+0.38)
Feb 24, 2025	2024 (Q4)	0.31 / 0.39	0.19	105.26% (+0.20)	―
Oct 28, 2024	2024 (Q3)	0.21 / 0.24	0.25	-4.00% (-0.01)	―
Jul 29, 2024	2024 (Q2)	0.66 / 1.11	1.11	0.00% (0.00)	―
Apr 29, 2024	2024 (Q1)	-0.30 / -0.29	-0.55	47.27% (+0.26)	―
Feb 26, 2024	2023 (Q4)	0.59 / 0.19	0.52	-63.46% (-0.33)	―
Oct 30, 2023	2023 (Q3)	0.47 / 0.25	0.57	-56.14% (-0.32)	―
Jul 31, 2023	2023 (Q2)	0.89 / 1.11	0.85	30.59% (+0.26)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PLOW Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$28.32	$28.72	+1.41%
May 05, 2025	$24.14	$25.24	+4.56%
Feb 24, 2025	$24.84	$26.32	+5.96%
Oct 28, 2024	$25.19	$22.20	-11.87%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Douglas Dynamics (PLOW) report earnings?

Douglas Dynamics (PLOW) is schdueled to report earning on Nov 03, 2025, After Close (Confirmed).

What is Douglas Dynamics (PLOW) earnings time?

Douglas Dynamics (PLOW) earnings time is at Nov 03, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PLOW EPS forecast?

PLOW EPS forecast for the fiscal quarter 2025 (Q3) is 0.4.

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