Owens Corning Delivers Record Net Sales of $2.6 Billion; Generates Net Earnings of $343 Million and Adjusted EBIT of $525 Million

TOLEDO, Ohio--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a global building and construction materials leader, today reported second-quarter 2022 results. Reported Net Sales Increase of 16% to $2.6 Billion Expanded Adjusted EBIT Margins to 20% and Adjusted EBITDA Margins to 25% Delivered Diluted EPS of $3.49 and Adjusted Diluted EPS of $3.83 Generated Operating Cash Flow of $466 Million and Free Cash Flow of $361 Million Returned $136 Million of Free Cash Flow to Shareholders through Dividends a