---
schema_version: "secwatch.filing_event.v1"
accession: "0000897077-24-000095"
form_type: "8-K"
ticker: "ALG"
cik: "0000897077"
company_name: "ALAMO GROUP INC"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:43:20.569347+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Alamo Group Q2 net sales $416.3M (-5.5% YoY); EPS $2.35 vs $3.03; Vegetation Mgmt down 19%

## Summary
- Net sales $416.3M, down 5.5% YoY; Industrial Equipment up 14.2% to $204.8M, Vegetation Management down 19.1% to $211.5M.
- Diluted EPS $2.35 vs $3.03; includes $0.22 negative impact from five-week Gradall strike.
- Backlog healthy at $768.9M; Industrial Equipment backlog up 16% YoY to $550.9M, Vegetation Management backlog normalizing.
- Cost reduction actions expected to yield ~$10M savings in remainder of 2024; global workforce reduced by 7% in H1.
- Management cautious on H2 2024 but sees excellent prospects for Industrial Equipment Division.

## SEC filing metadata
- accession: 0000897077-24-000095
- form_type: 8-K
- ticker: ALG
- cik: 0000897077
- company_name: ALAMO GROUP INC
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/897077/000089707724000095/0000897077-24-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/897077/000089707724000095/alg-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000897077-24-000095
- JSON: https://secwatch.observer/filing/0000897077-24-000095.json
- Plain text: https://secwatch.observer/filing/0000897077-24-000095.txt

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