Aug. 5, 2022
Owens Corning Has Positive Quarter
Owens Corning had net sales of $2.6 billion for the second quarter of 2022, a 16 per cent increase year-over-year. The company saw net earnings rise by 15 per cent in the quarter from $298 million to $343 million year-over-year. Adjusted earning before interest and taxes (EBIT) was $525 million for the quarter, which is 29 per cent higher than this period a year ago.