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Heavy snowfall lifts Douglas Dynamics (NYSE: PLOW) Q1 2026 sales and profit
Douglas Dynamics (NYSE: PLOW) reported a significant increase in Q1 2026 sales and profit, largely attributed to higher Work Truck Attachments volume driven by a snow season 26% above the 10-year average. Net sales rose 19.7% to $137.8 million, and net income increased sharply to $6.4 million, with Adjusted EBITDA reaching $16.8 million. The company generated free cash flow of -$4.2 million, reflecting seasonal working capital needs and capital spending, and ended the quarter with $109.7 million in liquidity.