secwatch.observer — SEC 8-K summary
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Issuer:     Vulcan Materials CO (VMC)
CIK:        0001396009
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001140361-24-035798
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vulcan Q2 revenue down 5%, aggregates price up 12%; FY guidance revised for weather
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- Q2 total revenue $2.01B (-4.7% YoY); diluted EPS $2.33 flat; adjusted EPS $2.35 vs $2.29.
- Aggregates cash gross profit per ton up 12% to $10.92; shipments down 5% to 60.1M tons.
- Full-year outlook: net earnings $0.95-$1.07B, Adj. EBITDA $2.00-$2.15B; shipments down 4-7%.
- Repurchased $50M shares and paid $61M dividends in Q2; debt/EBITDA 1.7x.
- Bolt-on acquisitions in Alabama and Texas; 2024 capex $625-$675M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1396009/000114036124035798/0001140361-24-035798-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1396009/000114036124035798/ef20033639_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-035798

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