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Stock Market & Financial Investment News

News Breaks
August 4, 2014
16:23 EDTPLOWDouglas Dynamics reports Q2 EPS 64c, consensus 43c
Reports Q2 revenue $88.2M, consensus $77.7M. The company said, "Record second quarter results reflect the improved market environment, which was driven by higher than average snowfall across core markets this past year, combined with our excellent execution and efficient operational management and continued integration success with the TrynEx business. While excited by our strong performance, we believe that the year over year improvement in results was partially due to a shift in shipment timing towards stronger second quarter pre-season order shipments compared to more evenly distributed timing between the second and third quarters last year. This shift was driven by positive sentiment which encouraged dealers to take advantage of our best pre-season order program terms early in the season."
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