secwatch.observer — SEC 8-K summary
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Issuer:     VALMONT INDUSTRIES INC (VMI)
CIK:        0000102729
Form:       8-K
Filed at:   2022-02-17T23:59:59+00:00
Accession:  0000102729-22-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valmont Q4 adj EPS $2.73 beats; record FY sales $3.5B; FY22 guidance raised
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- Q4 net sales $963.3M (+20.7% YoY); record backlog >$1.6B (+40% since FY20).
- GAAP diluted EPS $1.25 ($2.73 adj), +24.1% vs Q4 2020 adj EPS of $2.20.
- Full-year 2021 net sales $3.5B (+20.9%); operating income $286.8M; adj EPS $10.92 (+33.5%).
- Irrigation segment sales record $1.03B (+59.3%); technology sales >$97.9M (+45%).
- FY2022 outlook: net sales $3.8-4.0B; GAAP EPS $11.55-12.30; capex $110-120M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102729/000010272922000002/0000102729-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102729/000010272922000002/vmi-20220216.htm
  HTML page:      https://secwatch.observer/filing/0000102729-22-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer