Oct 20, 7:05 AM ET
Valmont reported third-quarter 2026 net sales of $1.10 billion, up 5.5%, and diluted earnings per share of $6.24, up 25.3% from $4.98 a year earlier. The company raised its full-year 2026 adjusted diluted EPS outlook to $22.75 to $23.75 from $22.25 to $23.50, while keeping its net sales outlook unchanged at $4.3 to $4.45 billion.
- Q3 2026 operating income rose 22.2% to $172.8 million, or 15.7% of net sales, versus $141.5 million, or 13.5%, in Q3 2025
- Infrastructure sales rose 9.1% to $882.1 million, while Agriculture sales fell 6.4% to $226.0 million
- North America Telecommunications sales declined as customers shifted capital allocation priorities
- Returned $97.2 million to shareholders in Q3, including $82.3 million in share repurchases and $14.9 million in dividends
Read the filing on SEC.gov ↗
Jul 28, 8:15 AM ET
Valmont Industries said Mogens C. Bay, the board's chair, will retire from the Board at the end of the company's fiscal year on December 26, 2026. He informed the Board of his decision on July 27, 2026. Catherine J. Paglia, the current Vice Chair and Lead Independent Director, will succeed him as Board Chair upon his retirement. The filing does not include any financial results or guidance.
- Mogens C. Bay informed the Board on July 27, 2026, of his decision to retire from the Board
- Retirement takes effect at the end of the fiscal year, December 26, 2026
- Catherine J. Paglia, Vice Chair and Lead Independent Director, will become Board Chair upon his retirement
Read the filing on SEC.gov ↗
Jul 21, 7:10 AM ET
Valmont reported second-quarter 2026 net sales up 6.5% to $1.12 billion and GAAP diluted earnings of $6.14 per share, compared with a loss of $1.53 per share a year earlier that included impairment and realignment charges. The company also raised its full-year 2026 net sales and diluted EPS outlook, which matters to shareholders because it signals higher expected earnings for the year, although Agriculture sales fell 15.8% in the quarter.
- Net sales rose 6.5% to $1.12 billion from $1.05 billion in Q2 2025; Infrastructure sales rose 14.8% to $878.9 million.
- Agriculture sales fell 15.8% to $243.7 million, with International sales down 28.9% amid Middle East conflict disruptions.
- Full-year 2026 diluted EPS outlook raised to $22.25 to $23.50 from $21.50 to $23.50.
- Full-year 2026 net sales outlook raised to $4.3 to $4.45 billion from $4.2 to $4.4 billion.
Read the filing on SEC.gov ↗
Jun 1, 4:15 PM ET
Valmont Industries said its former Chief Financial Officer, Thomas Liguori, has agreed to retire and remain with the company as a consultant until December 26, 2026, under a separation and release agreement dated May 26, 2026. John Schwietz, who became CFO effective April 8, 2026, succeeded Liguori in that role, so the change was previously announced and the filing mainly sets out Liguori's exit terms.
- Separation and release agreement with Thomas Liguori dated May 26, 2026, filed as Exhibit 10.1
- Liguori continues base salary and health benefits until employment ends on December 26, 2026, subject to not revoking the agreement within seven days
- Severance equals 20 weeks of base salary plus 2 weeks for his service, with incentive payouts due no later than March 15, 2027
- Outstanding equity awards accelerate on December 26, 2026, and he is not eligible for new incentive grants
Read the filing on SEC.gov ↗
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