Valmont Drops on Q4 Figures
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Valmont Industries, Inc. (NYSE: VMI) reported its Q4 and fiscal year results, showing a slight net sales increase of 0.1% to $1.04 billion, while operating income fell by 2.9% to $116.5 million. Adjusted operating income rose by 5.6% to $126.7 million, despite $27.5 million in legal and credit loss expenses. CEO Avner M. Applbaum expressed optimism for 2026, anticipating sales and earnings growth driven by strong infrastructure demand. However, VMI shares dropped by 3.9%, closing at $456.97.
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