secwatch.observer — SEC 8-K summary
======================================

Issuer:     Owens Corning (OC)
CIK:        0001370946
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001370946-24-000181
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Owens Corning Q2 net sales $2.8B (+9% YoY); adjusted EPS $4.64, Masonite integration on track
--------------------------------------------------------------------------------

- Net sales $2,789M (+9% YoY); net earnings $285M (down 17% YoY); diluted EPS $3.24.
- Adjusted EBIT $588M (+10% YoY); adjusted EBITDA margin 27% (up 1pp YoY).
- Doors segment (Masonite) contributed $311M revenue; acquisition completed May 15.
- Operating cash flow $493M; free cash flow $336M; returned $52M via dividends.
- Q3 2024 outlook: net sales growth low-20s%; EBIT margin high-teens; adjusted full-year guidance raised.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370946/000137094624000181/0001370946-24-000181-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370946/000137094624000181/oc-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001370946-24-000181

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer