Truman Sugiura

Truman Sugiura questioned the full-year revenue potential for the roofing segment, specifically whether a flat year is still achievable given the significantly weak first quarter due to the lack of storms.

Answer

Brian Chambers, Owens Corning's Chair and Chief Executive Officer, expressed uncertainty about achieving a flat full-year roofing revenue, noting it depends on market dynamics, storm season strength, and pricing. He anticipates Q2, Q3, and Q4 volumes to align more with 10-year historical averages after a slower Q1 start, leading to sequential revenue growth opportunities.

Truman Sugiura questioned the full-year revenue potential for the roofing business, given the significantly weak first quarter and easier comparisons in the second half of the year, asking if a flat year for roofing revenue is still a realistic scenario for 2026.

Answer

Brian Chambers, Chair and CEO, indicated that achieving a flat year for roofing revenue is uncertain and depends on market dynamics, including a potentially stronger storm season. He expects roofing volumes in Q2, Q3, and Q4 to align more with 10-year historical averages after a slower Q1, leading to sequential revenue growth but not necessarily fully offsetting the weak start.