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

10.08.10

, The North American concert-master in the design, manufacture and purchase of snow and ice control equipment for elucidate trucks, today announced pecuniary results for the second dwelling ended June 30, 2010 and provided its expectations for 2010.

Second Quarter Results

Douglas Dynamics' pre-pep up sales period is comprised of the secondarily and third quarters combined. To support distributors to receive shipments former to the peak fourth abode retail selling seasoned, the Company offers promotional pecuniary and freight terms to distributors that squelch orders during the second territory. These orders are then shipped during the assist and third quarters. The timing of these shipments between the promote and third quarters can vary year to year based upon a add up of factors, including distributor inventory levels and spell availability. For 2010, pre-mature orders have shifted from old patterns to be more heavily weighted towards the espouse quarter versus the third leniency.

Net sales were $66.2 million in the impaired quarter of 2010, representing an 11.1% increasing from the corresponding period in 2009. This proliferating in net sales reflects stronger comprehensive pre-season orders compared to the old year and the timing of pre-seasonable shipments shifting toward the transfer quarter versus the third three-month period. This increase in equipment sales was to a limited offset by an expected easing off in parts and accessories sales as distributors foretell end users shifting their investments from repairing existing mat towards purchasing new equipment.

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