{"schema_version":"secwatch.filing_event.v1","accession":"0000079879-23-000043","form_type":"8-K","ticker":"PPG","cik":"0000079879","company_name":"PPG INDUSTRIES INC","filed_at":"2023-07-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.675169+00:00","generated_at":"2026-06-13T05:58:34.169687+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"PPG reports record Q2 net sales of $4.87B; raises FY adjusted EPS guidance to $7.28-$7.48","bullets":["Record quarterly net sales $4.872B (+4% YoY); organic sales +4% led by higher selling prices.","GAAP EPS $2.06 (+11% YoY); adjusted EPS $2.25 (+24%); segment margins up 330 bps.","Strong cash flow: YTD operating cash flow ~$620M, up ~$750M vs prior year.","Aerospace, automotive OEM, refinish, and PPG Comex achieved record sales in the quarter.","Full-year 2023 adjusted EPS guidance raised to $7.28-$7.48 per share; Q3 outlook $1.85-$1.95."],"urls":{"canonical":"https://secwatch.observer/filing/0000079879-23-000043","json":"https://secwatch.observer/filing/0000079879-23-000043.json","markdown":"https://secwatch.observer/filing/0000079879-23-000043.md","text":"https://secwatch.observer/filing/0000079879-23-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000043/0000079879-23-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000043/ppg-20230720.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T05:58:34.169687+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5de3001621fb543c67ca340ceed7ca84cdea4727","claim":"PPG INDUSTRIES INC reported the second quarter 2023 results: revenue $4,872, net income $490, EPS $2.06. Guidance raised.","evidence_excerpt":"PPG (NYSE:PPG) today reported financial results for the second quarter 2023. Second Quarter Consolidated Results $ in millions, except EPS 2Q 2023 2Q 2022 Y-O-Y change Net sales $4,872 $4,691 +4% Net income (a) $490 $443 +11% Adjusted net income (a)(b) $534 $430 +24% EPS (a) $2.06 $1.86 +11% Adjusted EPS (a)(b) $2.25 $1.81 +24% (a) From continuing operations (b)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/79879/000007987923000043/0000079879-23-000043-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter 2023"},{"label":"Revenue","value":"$4,872"},{"label":"Net income","value":"$490"},{"label":"EPS","value":"$2.06"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}