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VALMONT INDUSTRIES INC — fact timeline

Source-grounded facts extracted from VALMONT INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

VMI VALMONT INDUSTRIES INC JSON

John Schwietz was appointed as Executive Vice President and Chief Financial Officer and Corporate Secretary at VALMONT INDUSTRIES INC.

“Valmont Industries Inc. previously reported the appointment of John Schwietz as Valmont’s Executive Vice President and Chief Financial Officer and Corporate Secretary, effective April 8, 2026, to succeed Thomas Liguori.”

Thomas Liguori retired as Executive Vice President and Chief Financial Officer and Corporate Secretary at VALMONT INDUSTRIES INC.

“Valmont Industries Inc. previously reported the appointment of John Schwietz as Valmont’s Executive Vice President and Chief Financial Officer and Corporate Secretary, effective April 8, 2026, to succeed Thomas Liguori.”
Earnings Releases

VALMONT INDUSTRIES INC reported full-year 2026 results: revenue Net Sales $4.2 to $4.4 billion No change, EPS Diluted Earnings per Share $20.50 to $23.50 $21.50 to $23.50. Guidance raised.

“Outlook and Key Assumptions The Company is raising its full-year 2026 diluted EPS outlook and updating its key assumptions. Metric Previous Outlook Updated Outlook Net Sales $4.2 to $4.4 billion No change Infrastructure Net Sales $3.25 to $3.4 billion $3.3 to $3.45 billion Agriculture Net Sales $0.95 to $1.0 billion $0.9 to $0.95 billion Diluted Earnings”
Earnings Releases

VALMONT INDUSTRIES INC reported first quarter ended March 28, 2026 results: EPS Diluted earnings per share increased 27.5% to $5.51, compared to $4.32.

“Valmont Industries, Inc. issued a press release on April 21, 2026 announcing its financial results for its fiscal quarter ended March 28, 2026.”
Auditor Changes

VALMONT INDUSTRIES INC dismissed Deloitte & Touche LLP as its auditor.

“(b) Dismissal of Independent Registered Public Accounting Firm On March 3, 2026, the Audit Committee dismissed Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm.”
Auditor Changes

VALMONT INDUSTRIES INC engaged KPMG LLP as its auditor.

“̈ Item 4.01 Changes in Registrant’s Certifying Accountant (a) Appointment of New Independent Registered Public Accounting Firm On March 3, 2026, following the conclusion of a process managed by the Audit Committee of the Board of Directors of Valmont Industries, Inc. (“the Company”), the Audit Committee approved the appointment of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm beginning with the year ending December 26, 2026 and related interim periods, subject to the completion of KPMG’s customary client acceptance procedures and the execution of an engagement letter. During the Company’s fiscal years ended December 27,”

Diane M. Larkin departed as other_named_officer at VALMONT INDUSTRIES INC.

“On May 14, 2025, Valmont entered into a separation agreement with Diane M. Larkin specifying the terms of her separation, and the orderly transition of her duties and responsibilities.”

John T. Donahue departed as other_named_officer at VALMONT INDUSTRIES INC.

“On May 14, 2025, Valmont Industries, Inc. (“Valmont”) entered into a separation agreement with John T. Donahue specifying the terms of his separation, and the orderly transition of his duties and responsibilities.”

Deborah Caplan was appointed as Director at VALMONT INDUSTRIES INC.

“On October 27, 2024, the board of directors of Valmont Industries, Inc. appointed Deborah Caplan to the board and to the Human Resource Committee of the board.”

Timothy P. Francis changed role as Chief Accounting Officer at VALMONT INDUSTRIES INC.

“Timothy P. Francis who has served as Valmont’s Interim Chief Financial Officer since July 2023 continues as Chief Accounting Officer.”

Thomas Liguori was appointed as Executive Vice President and Chief Financial Officer at VALMONT INDUSTRIES INC.

“On August 22, 2024, Valmont Industries, Inc. announced that Thomas Liguori has joined the Company as Executive Vice President and Chief Financial Officer.”

Aaron M. Schapper changed role as Group President, Agriculture and Chief Strategy Officer at VALMONT INDUSTRIES INC.

“As reported by Valmont Industries, Inc. (the “Company”) in its Current Report on Form 8-K dated May 10, 2024, the Company and Aaron M. Schapper agreed that Mr. Schapper would transition out of his role as Group President, Agriculture and Chief Strategy Officer.”

Aaron M. Schapper changed role as Group President, Agriculture and Chief Strategy Officer at VALMONT INDUSTRIES INC.

“Effective May 10, 2024, Valmont Industries, Inc. (the “Company”) and Aaron M. Schapper agreed that Mr. Schapper would transition out of his role as Group President, Agriculture and Chief Strategy Officer to pursue new opportunities that align more closely with his professional goals.”
Earnings Releases

VALMONT INDUSTRIES INC reported first quarter ended March 30, 2024 results: revenue $1.0 billion, EPS $4.32. Guidance raised.

“creation and delivering outstanding results.” First Quarter 2024 Highlights (all metrics compared to First Quarter 2023 unless otherwise noted) ● Net Sales decreased 8.0% to $1.0 billion compared to $1.1 billion ● Operating Income increased 11.0% to $131.6 million or 13.5% of net sales compared to $118.5 million or 11.1% of net sales ● Diluted Earnings per Share”
Earnings Releases

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.

“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”

Timothy P. Francis was appointed as Chief Accounting Officer at VALMONT INDUSTRIES INC.

“Timothy P. Francis, current Interim Chief Financial Officer, will also serve as Chief Accounting Officer until the company makes a permanent appointment to the position.”

Eugene Padgett resigned as Chief Accounting Officer at VALMONT INDUSTRIES INC.

“On November 16, 2023, Eugene Padgett notified Valmont Industries, Inc. of his decision to resign as Chief Accounting Officer effective December 8, 2023 to pursue other opportunities and to relocate closer to family.”
Earnings Releases

VALMONT INDUSTRIES INC reported financial results for its fiscal quarter ended September 30, 2023.

“Valmont Industries, Inc. issued a press release on October 25, 2023 announcing its financial results for its fiscal quarter ended September 30, 2023”
Restructurings & Charges

VALMONT INDUSTRIES INC announced a impairment with charges of $141 million affecting Agricultural Technology reporting unit of the company’s Agriculture segment.

“On October 23, 2023, in connection with its annual testing of goodwill and impairments Valmont concluded under generally accepted accounting principles to recognize impairment charges of $141 million, which is reflected in the company’s reporting for the third quarter of 2023. The non-cash charges primarily relate to the Agricultural Technology reporting unit of the company’s Agriculture segment due to significantly slower than expected adoption of agronomy technology solutions as well as the recent decline in the North American agricultural market.”
Restructurings & Charges

VALMONT INDUSTRIES INC announced a restructuring with charges of $33 million to $36 million affecting the company (approximately 360 administrative employees (or approximately 3% of its total workforce and 8% of its administrative work).

“On October 23, 2023, the board of directors of Valmont authorized an organizational realignment program across the company to streamline segment support and reduce cost. The program, expected to be completed by the end of 2023, provides for a reduction in force, which with a voluntary early retirement program, will reduce this company’s workforce by approximately 360 administrative employees (or approximately 3% of its total workforce and 8% of its administrative workforce). The company expects to incur cash charges primarily in the fourth quarter of 2023 in the range of $33 million to $36 million.”

Aaron Schapper was appointed as Group President Agriculture and Chief Strategy Officer at VALMONT INDUSTRIES INC.

“Aaron Schapper became Group President Agriculture and Chief Strategy Officer effective July 31, 2023.”

Avner Applbaum was appointed as Director at VALMONT INDUSTRIES INC.

“On July 31, 2023, the Board of Directors designated Mr. Applbaum as a member of the Board of Directors.”

Avner Applbaum was elected as President and Chief Executive Officer at VALMONT INDUSTRIES INC.

“The Board of Directors of Valmont Industries, Inc. elected Avner Applbaum as President and Chief Executive Officer on July 10, 2023.”

Stephen G. Kaniewski departed as President and Chief Executive Officer at VALMONT INDUSTRIES INC.

“As reported by Valmont Industries, Inc. in its Current Report on Form 8-K dated July 11, 2023, Avner Applbaum succeeded Stephen G. Kaniewski as President and Chief Executive Officer on July 10, 2023.”
Earnings Releases

VALMONT INDUSTRIES INC updated its FY2023 guidance (reaffirmed).

“Providing updated 2023 full-year net sales growth outlook while maintaining diluted earnings per share outlook”

Timothy P. Francis was appointed as interim Chief Financial Officer at VALMONT INDUSTRIES INC.

“The company also announced the appointment of Timothy P. Francis, current Senior Vice President and Finance Business Partner, Global Operations, as interim Chief Financial Officer.”

Avner M. Applbaum was named as President and Chief Executive Officer at VALMONT INDUSTRIES INC.

“Valmont Industries, Inc. announced that its Board of Directors has named Avner M. Applbaum, current Executive Vice President and Chief Financial Officer, as President and Chief Executive Officer, effective immediately.”

Stephen G. Kaniewski departed as member of the Board of Directors at VALMONT INDUSTRIES INC.

“who is stepping down to pursue other opportunities and also resigning as a member of the Board of Directors.”

Stephen G. Kaniewski departed as Chief Executive Officer at VALMONT INDUSTRIES INC.

“Mr. Applbaum succeeds Stephen G. Kaniewski, CEO since December 31, 2017, who is stepping down to pursue other opportunities and also resigning as a member of the Board of Directors.”
Earnings Releases

VALMONT INDUSTRIES INC reported first quarter ended April 1, 2023 results: revenue $1.1 billion, net income $74,540, EPS $3.47. Guidance raised.

“metrics compared to First Quarter 2022 unless otherwise noted) ● Achieved record first quarter Net Sales, Operating Income and Diluted Earnings per Share (“EPS”) o Net Sales of $1.1 billion increased 8.3%; excluding 2022 “Other” segment, Net Sales increased 10.4% 1 o Operating Income increased 24.9% to $118.5 million, or 11.1% of net sales (increased 23.4% to $122.1”

Clark T. Randt departed as member of the board of directors at VALMONT INDUSTRIES INC.

“Clark T. Randt, a member of the board of directors of Valmont Industries, Inc., will retire at the company’s 2023 Annual Meeting of Shareholders in April 2023.”
Earnings Releases

VALMONT INDUSTRIES INC updated its Full Year 2023 guidance (initiated).

“Valmont Reports Fourth Quarter and Full Year 2022 Results Achieves Record Results and Provides Positive 2023 Full Year Net Sales and EPS Guidance”
Earnings Releases

VALMONT INDUSTRIES INC reported Full Year 2022 results: revenue $ 4,345,250, net income $ 250,863, EPS $ 11.62.

“​ ​ ​ (000's except per share amounts) 12/31/2022 12/25/2021 ​ ​ 12/31/2022 12/25/2021 ​ ​ ​ ​ FY 2022 ​ FY 2021 ​ vs. FY 2021 ​ ​ FY 2022 ​ FY 2021 ​ vs. FY 2021 ​ Net Sales ​ $ 4,345,250 ​ $ 3,501,575 ​ 24.1 % ​ $ 4,345,250 ​ $ 3,501,575 ​ 24.1 % Operating Income ​ ​ 433,249 ​ ​ 286,785 ​ 51.1 % ​ ​ 449,725 ​ ​ 334,049 ​ 34.6 % Operating Income as a % of Net Sales”
Earnings Releases

VALMONT INDUSTRIES INC reported Fourth Quarter 2022 results: revenue $ 1,131,516, net income $ 40,332, EPS $ 1.86.

“​ ​ ​ (000's except per share amounts) 12/31/2022 12/25/2021 ​ ​ 12/31/2022 12/25/2021 ​ ​ ​ ​ Q4 2022 ​ Q4 2021 ​ vs. Q4 2021 ​ ​ Q4 2022 ​ Q4 2021 ​ vs. Q4 2021 ​ Net Sales ​ $ 1,131,516 ​ $ 963,278 ​ 17.5 % ​ $ 1,131,516 ​ $ 963,278 ​ 17.5 % Operating Income ​ ​ 109,716 ​ ​ 50,754 ​ 116.2 % ​ ​ 113,734 ​ ​ 85,555 ​ 32.9 % Operating Income as a % of Net Sales ​ ​”
Governance Changes

VALMONT INDUSTRIES INC: On December 13, 2022, the Board of Directors of Valmont Industries, Inc. adopted amendments to the Bylaws to add disclosure and procedural requirements for stockholder director nominations and to eliminate the requirement to keep a complete list of stockholders entitled to vote at meetings, as no lo (effective 2022-12-13).

“On December 13, 2022, the Board of Directors of Valmont Industries, Inc. (the “Company”) adopted amendments to the Company’s Bylaws with respect to additional disclosure and procedural requirements for stockholders to submit director nominations and eliminate the requirement that a complete list of the stockholders entitled to vote at a meeting of stockholders be kept available at such meeting, as such action is no longer mandated by Delaware law.”

Tim P. Francis changed role as SVP & Finance Business Partner - Global Operation at VALMONT INDUSTRIES INC.

“Mr. Francis has accepted a new role within Valmont as Valmont’s SVP & Finance Business Partner - Global Operation.”

Eugene Padgett was appointed as Chief Accounting Officer at VALMONT INDUSTRIES INC.

“On November 1, 2022, the Board of Directors of Valmont Industries, Inc. appointed Eugene Padgett as Chief Accounting Officer of Valmont Industries, Inc.”
Earnings Releases

VALMONT INDUSTRIES INC reported the fiscal quarter ended September 24, 2022 results: revenue $1,097,382, net income $72,112, EPS $3.34.

“1 ​ (000's except per share amounts) 09/24/2022 09/25/2021 ​ 09/24/2022 09/25/2021 ​ ​ ​ ​ Q3 2022 ​ Q3 2021 ​ vs. Q3 2021 ​ Q3 2022 ​ Q3 2021 ​ vs. Q3 2021 ​ Net Sales ​ $ 1,097,382 ​ $ 868,782 ​ 26.3 % ​ $ 1,097,382 ​ $ 868,782 ​ 26.3 % Operating Income ​ ​ 109,972 ​ ​ 76,195 ​ 44.3 % ​ ​ 114,147 ​ ​ 80,433 ​ 41.9 % Operating Income as a % of Net Sales ​ ​”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.