top of page
(June web) AD-Grow-Faster-970x90-Q2

May 1, 2023

Owens Corning first quarter sales flat

Owens Corning had net sales of $2.3 billion for the first quarter of 2023, in-line with net sales in the first quarter of 2022. Net sales for the composite segment decreased 18% to $585 million in quarter compared to the year-ago period, primarily due to lower volumes, including the impact of previously announced divestitures. The insulation segment net sales increased 7% to $919 million as a result of positive price realization partially offset by lower volumes. Roofing net sales increased 7% to $895 million, primarily due to positive price realization partially offset by lower volumes.

Sign up for our Daily News Alerts to receive relevant industry news, articles, and previews for our next issue of Home Improvement Retailing. Delivered directly to your inbox. Subscribe here.

bottom of page