Owens Corning (NYSE:OC) Files An 8-K Results of Operations and Financial ConditionItem 2.02
Results of Operations and Financial Condition
On July26, 2017, Owens Corning issued a press release announcing its financial results for the quarter ended June30, 2017.
Exhibit 99.1 contains certain financial measures that are considered “non-GAAP financial measures” as defined in the federal securities laws and contains an explanation and as applicable, a reconciliation of these non-GAAP financial measures to their most directly comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the United States.
The information in Item 2.02 of this Current Report is being furnished to General Instructions B.2 of Form 8-K and shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document to the Securities Act of 1933.
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Item 2.02 |
Financial Statements and Exhibits |
(d) Exhibits.
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Exhibit No. |
Description |
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99.1 |
Press Release, dated July 26, 2017 |
Owens Corning ExhibitEX-99.1 2 a2017-06x30pressrelease.htm EX-99.1 Exhibit Exhibit 99.1 Media Inquiries: Investor Inquiries:Chuck Hartlage Thierry Denis419.248.5395 419.248.5748Owens Corning Reports Second-Quarter 2017 ResultsCompany Grew First-Half Net Sales by 11% on Strong Contribution from all Three Businesses •Roofing produced EBIT of $155 million in the quarter,…To view the full exhibit click here
About Owens Corning (NYSE:OC)
Owens Corning is a holding company, which is engaged in the business of composite and building materials systems. The Company’s products range from glass fiber used to reinforce composite materials for transportation, electronics, marine, infrastructure, wind-energy and other markets to insulation and roofing for residential, commercial and industrial applications. The Company operates in three segments, namely, Composites, Insulation and Roofing. Its Composites segment consists of its Reinforcements and Downstream businesses. The Company’s Insulation products include thermal and acoustical batts, loosefill insulation, foam sheathing and accessories, and are sold under various brand names, such as Owens Corning PINK FIBERGLAS Insulation. The Company’s primary products in the Roofing segment are laminate and strip asphalt roofing shingles. It sells shingles and roofing accessories primarily through home centers, lumberyards, retailers, distributors and contractors in the United States.
