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Douglas Dynamics Announces Second Quarter 2010 Results MarketWatch (press release)

10.08.10

, The North American chairlady in the design, manufacture and on the block of snow and ice control equipment for gaslight trucks, today announced fiscal results for the second district ended June 30, 2010 and provided its view for 2010.

Second Quarter Results

Douglas Dynamics' pre-opportunity ripe sales period is comprised of the support and third quarters combined. To advance distributors to receive shipments erstwhile to the peak fourth house retail selling condition, the Company offers promotional fiscal and freight terms to distributors that thrive orders during the second put up. These orders are then shipped during the gal Friday and third quarters. The timing of these shipments between the damaged and third quarters can vary year to year based upon a bunch of factors, including distributor inventory levels and spaciousness availability. For 2010, pre-available orders have shifted from routine patterns to be more heavily weighted towards the inferior merchandise quarter versus the third locale.

Net sales were $66.2 million in the other quarter of 2010, representing an 11.1% heighten from the corresponding period in 2009. This further in net sales reflects stronger amount pre-season orders compared to the ex year and the timing of pre-flavour shipments shifting toward the another quarter versus the third post. This increase in equipment sales was restrictedly offset by an expected easing off in parts and accessories sales as distributors foretell end users shifting their investments from repairing existing kit towards purchasing new equipment.

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