Valmont Industries reported second quarter 2026 net sales of $1.12 billion, up 6.5% year-over-year, and diluted EPS of $6.14. These results beat consensus estimates of $1.09 billion and $5.76, respectively. The company raised its full-year revenue and EPS guidance, driven by continued strength in its Infrastructure segment.
Key Highlights
- Full-year 2026 EPS guidance was raised, with the bottom end of the range increasing from $21.50 to $22.25.
- Infrastructure segment sales grew 14.8% to $878.9 million, led by a 33.9% increase in North America Utility sales, which more than offset softness in Agriculture.
- The Agriculture segment saw sales decline by 15.8% to $243.7 million, with international sales down 28.9% primarily due to disruptions from the ongoing Middle East conflict.