---
schema_version: "secwatch.filing_event.v1"
accession: "0000102729-23-000043"
form_type: "8-K"
ticker: "VMI"
cik: "0000102729"
company_name: "VALMONT INDUSTRIES INC"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-12T23:33:24.120261+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Valmont Q2 diluted EPS $4.21 (record), up 19.3% YoY; FY net sales growth view lowered to 0-2%

## Summary
- Net sales $1.046B, down 7.9% YoY (down 5.7% adjusted for wind energy divestiture); operating income +12.6% to $133.7M.
- Infrastructure segment sales +4.2% to $770.6M; Agriculture segment sales -25.9% to $279.9M.
- Updated FY 2023 net sales growth 0-2% (prior 4-7%); GAAP EPS guidance unchanged at $14.80-$15.35.
- Operating margin expanded 230 bps to 12.8%; adjusted operating margin 13.2%.
- Repurchased 85,300 shares for $24.0M in Q2; $346.3M remaining on share buyback program.

## SEC filing metadata
- accession: 0000102729-23-000043
- form_type: 8-K
- ticker: VMI
- cik: 0000102729
- company_name: VALMONT INDUSTRIES INC
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102729/000010272923000043/0000102729-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102729/000010272923000043/vmi-20230726x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102729-23-000043
- JSON: https://secwatch.observer/filing/0000102729-23-000043.json
- Plain text: https://secwatch.observer/filing/0000102729-23-000043.txt

## Key facts
- Earnings Releases
  VALMONT INDUSTRIES INC updated its FY2023 guidance (reaffirmed).
  - Period: FY2023
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Providing updated 2023 full-year net sales growth outlook while maintaining diluted earnings per share outlook
  evidence_url: https://www.sec.gov/Archives/edgar/data/102729/000010272923000043/0000102729-23-000043-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.