---
schema_version: "secwatch.filing_event.v1"
accession: "0000102729-24-000047"
form_type: "8-K"
ticker: "VMI"
cik: "0000102729"
company_name: "VALMONT INDUSTRIES INC"
filed_at: "2024-10-23T23:59:59+00:00"
generated_at: "2026-05-30T10:54:13.537755+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Valmont Q3 2024: EPS $4.11 vs prior year loss; operating margin expands to 12.3%; revenues down 2.9%

## Summary
- Net sales of $1.02B (-2.9% YoY); GAAP diluted EPS $4.11 vs ($2.34) loss; adjusted EPS $4.11 vs $4.12.
- Infrastructure segment operating margin 16.3% (up from 13.7%); Utility sales +15%, driven by favorable mix.
- Agriculture segment sales -11.1% to $265M; operating margin 11.0% vs prior-year adjusted 13.0%.
- Operating cash flow $225M; reduced revolver borrowings $120M; returned $52.2M to shareholders via buybacks/dividends.
- Reaffirming FY2024 outlook: revenue -3.5% to -1.5%; EPS $16.50-$17.30; capex guidance lowered to $85-95M.

## SEC filing metadata
- accession: 0000102729-24-000047
- form_type: 8-K
- ticker: VMI
- cik: 0000102729
- company_name: VALMONT INDUSTRIES INC
- filed_at: 2024-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102729/000010272924000047/0000102729-24-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102729/000010272924000047/vmi-20241022x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000102729-24-000047
- JSON: https://secwatch.observer/filing/0000102729-24-000047.json
- Plain text: https://secwatch.observer/filing/0000102729-24-000047.txt

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