Owens Corning Clocks 16% Sales Growth In Q2 Owens Corning (NYSE: OC ) reported second-quarter FY22 net sales growth of 16% year-over-year to $2.6 billion , beating the consensus of $2.57 billion. Adjusted EPS was $3.83 ( 43% Y|Y), above the consensus of $3.32. Sales by segments: Composites $719 million ( 23% Y|Y), Insulation $934 million ( 16% Y|Y), and Roofing $1 billion ( 11% Y|Y). Gross margin improved by 62 bps to 28.2%. Operating income increased 14.6% to $487 million, with a margin of 18.7%, down … Full story available on Benzinga.com