secwatch.observer — SEC 8-K summary
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Issuer:     TopBuild Corp (BLD)
CIK:        0001633931
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001558370-22-011535
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TopBuild Q2 sales up 52.7% to $1.3B; net income up 59% to $143.7M
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- Diluted EPS of $4.41 (62.1% YoY); adjusted EPS of $4.43 (60.5% YoY).
- Same branch sales grew 20.7%; adjusted EBITDA margin expanded 100 bps to 19.0%.
- DI integration ahead of schedule; $35-40M synergies forecasted when deal announced.
- New $200M share repurchase program authorized; acquired Assured Insulating (~$15.7M annual revenue).
- FY2022 guidance: sales $4.8-4.9B, adjusted EBITDA $860-900M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1633931/000155837022011535/0001558370-22-011535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1633931/000155837022011535/bld-20220802x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-011535

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