Higher-Than-Average Snowfall Bodes Well for Machinery Cos. -- Market Talk

Dow Jones
01/02

0811 ET - It's shaping up to be one of the harshest winters in recent memory, but that bodes well for companies Douglas Dynamics, Toro and Aebi Schmidt Group, Davidson analysts say in a research note. Higher-than-average snowfall across the U.S. is creating near-term demand for products such as snowplows, de-icing equipment and snow-management solutions, they say. Douglas, Toro and Aebi all stand to benefit from the increased demand, with snow-related businesses accounting for over half of Douglas' annual adjusted Ebitda, and about 15% of Toro's and Aebi's annual adjusted Ebitda. These companies were already well positioned, the analysts say, with increased snowfall adding an additional cherry on top. (connor.hart@wsj.com)

 

(END) Dow Jones Newswires

January 02, 2026 08:11 ET (13:11 GMT)

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