{"schema_version":"secwatch.filing_event.v1","accession":"0001616862-23-000049","form_type":"8-K","ticker":"AXTA","cik":"0001616862","company_name":"Axalta Coating Systems Ltd.","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.568915+00:00","generated_at":"2026-06-12T18:21:00.228638+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Axalta Q2 net sales +4.8% to $1.29B, Adj EBIT $154.5M, guides FY Adj EPS $1.40-$1.45","bullets":["Net sales $1,293.9M (+4.8% YoY); price-mix +6.8%, volume -3.7% due to ERP implementation in North America.","Income from operations $137.6M vs $103.6M; Adjusted EBIT $154.5M (+2.6% YoY).","Performance Coatings flat at $856M; Mobility Coatings +15.5% to $437.9M, Adj EBIT $23.7M (vs $2.3M).","FY 2023 guidance: Adj EBIT $630-650M, Adj EPS $1.40-$1.45, free cash flow $385-425M.","Net leverage improved to 3.6x; voluntary debt paydown of $75M in Q2 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001616862-23-000049","json":"https://secwatch.observer/filing/0001616862-23-000049.json","markdown":"https://secwatch.observer/filing/0001616862-23-000049.md","text":"https://secwatch.observer/filing/0001616862-23-000049.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1616862/000161686223000049/0001616862-23-000049-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1616862/000161686223000049/axta-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T18:21:00.228638+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":"63d9e0d30bfeb77ad9f6434f4c1b905cfe268d22","claim":"Axalta Coating Systems Ltd. reported the second quarter ended June 30, 2023 results: revenue $1,293.9.","evidence_excerpt":"Total Axalta Net Sales $1,293.9 $1,234.9 4.8% (3.7%) 6.8% 0.1% 1.6%","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1616862/000161686223000049/0001616862-23-000049-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the second quarter ended June 30, 2023"},{"label":"Revenue","value":"$1,293.9"},{"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"}