VALMONT INDUSTRIES INC (VMI)
2025-06-28 | 2025-03-29 | 2024-09-28 | 2024-06-29 | |
---|---|---|---|---|
Net sales | 1,050,548 | 969,314 | 1,020,175 | 1,039,737 |
Service | 60,352 | - | - | - |
Product | 669,029 | - | - | - |
Total cost of sales | 729,381 | 678,212 | 718,482 | 719,455 |
Gross profit | 321,167 | 291,102 | 301,693 | 320,282 |
Impairment of long-lived assets | 91,337 | - | - | - |
Realignment charges | 8,884 | - | - | - |
Selling, general, and administrative expenses | 191,670 | 162,788 | 175,958 | 172,974 |
Operating income | 29,276 | 128,314 | 125,735 | 147,308 |
Disposal group, not discontinued operation, gain (loss) on disposal | - | - | - | - |
Other | -3,675 | -2,730 | -2,307 | -1,250 |
Interest income | 1,568 | 3,394 | 2,080 | 1,499 |
Interest expense | 10,543 | 10,115 | 14,313 | 15,846 |
Gain on deferred compensation investments | 2,384 | -841 | 1,160 | 525 |
Total other expenses | -10,266 | -10,292 | -13,380 | -15,072 |
Earnings before income taxes and equity in loss of nonconsolidated subsidiaries | 19,010 | 118,022 | 112,355 | 132,236 |
Deferred | -12,995 | 10,439 | -16,409 | -9,894 |
Current | 35,275 | 20,360 | 46,133 | 40,961 |
Total income tax expense | 22,280 | 30,799 | 29,724 | 31,067 |
Earnings (loss) before equity in loss of nonconsolidated subsidiaries | -3,270 | 87,223 | 82,631 | 101,169 |
Equity in loss of nonconsolidated subsidiaries | -21 | -560 | -21 | -19 |
Net earnings (loss) | -3,291 | 86,663 | 82,610 | 101,150 |
Earnings attributable to redeemable noncontrolling interests | 729 | -598 | -458 | 1,434 |
Net earnings (loss) attributable to valmont industries, inc | -4,020 | 87,261 | 83,068 | 99,716 |
Earnings per share, basic | -1.53 | 4.35 | 4.13 | 4.94 |
Earnings per share, diluted | -1.53 | 4.32 | 4.11 | 4.91 |
Weighted average number of shares outstanding, basic | 19,809,000 | 20,047,000 | 20,092,000 | 20,175,000 |
Weighted average number of shares outstanding, diluted | 19,809,000 | 20,196,000 | 20,234,000 | 20,292,000 |