{"schema_version":"secwatch.filing_event.v1","accession":"0000102729-24-000008","form_type":"8-K","ticker":"VMI","cik":"0000102729","company_name":"VALMONT INDUSTRIES INC","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.149411+00:00","generated_at":"2026-06-05T18:07:34.573319+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Valmont Q4 adj. EPS $3.18; FY adj. EPS $14.98; 2024 EPS guidance $14.25-$15.50; new long-term targets","bullets":["Fourth quarter net sales $1.02B (-10.3%); GAAP EPS $1.38, adjusted EPS $3.18; operating cash flow $115.9M.","Full year 2023 net sales $4.17B (-3.9%); adjusted operating income $473.2M (+5.2%); adjusted EPS $14.98 (+8.4%); free cash flow $210.0M.","2024 outlook: net sales change (3%) to flat; diluted EPS $14.25-$15.50; capex $125-$140M; effective tax rate ~26%.","New long-term targets: organic net sales growth above mid-single digits; operating margin near mid-teens; ROIC high-teens; FCF conversion 100% of net earnings.","Completed organizational realignment with $35.2M pre-tax cash expense; $178.6M in share repurchases in Q4 including $120M ASR; $136.1M remaining on buyback."],"urls":{"canonical":"https://secwatch.observer/filing/0000102729-24-000008","json":"https://secwatch.observer/filing/0000102729-24-000008.json","markdown":"https://secwatch.observer/filing/0000102729-24-000008.md","text":"https://secwatch.observer/filing/0000102729-24-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/102729/000010272924000008/0000102729-24-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/102729/000010272924000008/vmi-20240221x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T18:07:34.573319+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8ca2f8784433071c869400b5b3dd56edc6e1d37b","claim":"VALMONT INDUSTRIES INC reported fourth quarter and fiscal year ended December 30, 2023 results: revenue $1,015,526 (Q4) and $4,174,598 (FY), net income $28,587 (Q4) and $143,475 (FY), EPS $1.38 (Q4) and $6.78 (FY). Guidance reaffirmed.","evidence_excerpt":"2023 ​ GAAP ​ Adjusted 1 ​ (000s except per share amounts) ​ 13 weeks ​ 14 weeks ​ ​ ​ ​ 13 weeks ​ 14 weeks ​ ​ ​ ​ 12/30/2023 12/31/2022 ​ ​ 12/30/2023 12/31/2022 ​ ​ ​ ​ Q4 2023 ​ Q4 2022 ​ vs. Q4 2022 ​ ​ Q4 2023 ​ Q4 2022 ​ vs. Q4 2022 ​ Net Sales ​ $ 1,015,526 ​ $ 1,131,516 ​ (10.3) % ​ $ 1,015,526 ​ $ 1,098,244 ​ (7.5) % Gross Profit ​ ​ 282,941","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/102729/000010272924000008/0000102729-24-000008-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and fiscal year ended December 30, 2023"},{"label":"Revenue","value":"$1,015,526 (Q4) and $4,174,598 (FY)"},{"label":"Net income","value":"$28,587 (Q4) and $143,475 (FY)"},{"label":"EPS","value":"$1.38 (Q4) and $6.78 (FY)"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}