Douglas Dynamics PLOW Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, May 6, 2026 astatine 8:54 AM CDT 25 min read

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Date

Tuesday, May 5, 2026 astatine 10 a.m. ET

Call participants

• President and CEO — Mark Van Genderen

• Chief Financial Officer — Sarah Lauber

Full Conference Call Transcript

Mark Van Genderen: Thanks, Nathan, and welcome, everyone, to our call. So this was different fantabulous 4th for our institution crossed the committee with some segments executing successfully and delivering conscionable truly coagulated results. We're moving efficiently. In the Attachments segment, our squad has responded admirably to the above-average snowfall-driven request of this past wintertime and the employees successful our Solutions conception person delivered different large performance, continuing a beardown trend. If you look backmost astatine our emblematic archetypal 4th results, you'll spot that it is often the lawsuit erstwhile we don't make a nett owed to the seasonality of our Attachments business. But this year, we produced grounds sales, adjusted net and EPS, conscionable a tremendous accomplishment connected behalf of the teams.

This important year-over-year maturation was truly driven -- chiefly driven by 3 factors: First, importantly above-average snowfall boosting request astatine Attachments. Second, the ongoing spot of request successful our municipal operations; and third, beardown execution crossed the committee from our teams to some code this request and marque meaningful advancement against our strategical priorities. Okay. Let's speech Work Truck Attachments. Before I sermon the 4th specifically, I privation to marque a wide constituent connected snowfall and our business. Yes, snowfall is perfectly the main operator of request successful the Attachments business. We request snowfall to thrust fantabulous results. But it's much than that. Snowfall creates the demand, but it's the narration we person with our dealers and contractors.

It's the projects we undertake each day. It's our fantastic product, our culture, our strategical pillars, the sheer hard enactment and determination of our squad that fulfills that demand. So successful short, it's execution that gets merchandise shipped, sold and serviced, and that doesn't hap without our radical and their committedness to operational excellence each day. So my continued and heartfelt acknowledgment to the 1,700 radical who are astatine Douglas Dynamics. Okay. Looking backmost astatine the winter, snowfall was importantly supra mean successful galore of our halfway markets. In total, the play came successful astir 20% supra the 10-year mean and 40% higher than past winter.

This winter, snowfall came aboriginal with large November and December storms successful the Midwest and important persistent water effect snowfall successful the Great Lakes region. In the archetypal quarter, respective ample snowfall and crystal storms made their mode crossed overmuch of the country, including Fern and Hernando, grounds breakers, which brought important and wide snowfall totals crossed the Heartland and up the East Coast, each the mode from New Mexico to Maine. Elsewhere successful the country, some retired West and the South experienced little snowfall than normal. As a skier myself, I don't similar to spot adust conditions successful the mountains, but it was definite large to spot the snowfall wherever it did.