Form 8-K · Current report

PPG Industries 8-K, filed Jul 28, 2026

Filed
CIK
0000079879
Accession no.
0000079879-26-000246
AI-generated summary

Summary

PPG Industries reported second-quarter 2026 net sales of $4.5 billion, up 7% year over year, with organic sales up 4%, reported earnings per diluted share of $1.96 and adjusted EPS of $2.23, and reaffirmed full-year 2026 adjusted EPS guidance of $7.70 to $8.10. Chairman and CEO Tim Knavish said the company covered about 90% of cost-of-goods inflation in the quarter and expects to cover 100% by the fourth quarter, while automotive refinish coatings organic sales fell by a double-digit percentage.

Key points

  • Net sales rose 7% to $4,495 million, with sales volumes up 2%, selling prices up 2%, foreign currency translation a 2% benefit and acquisitions 1%.
  • Adjusted EPS was $2.23 versus $2.22 a year earlier; reported net income from continuing operations was $439 million, down 2%.
  • Aerospace coatings posted double-digit organic sales growth with order backlog near $300 million, while automotive refinish coatings organic sales declined by a double-digit percentage.
  • Cash from operating activities was approximately $600 million year to date, over $220 million higher year over year, and share repurchases totaled $75 million in the quarter and $175 million year to date.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02 Results of Operations and Financial Condition. On July 28, 2026, PPG Industries, Inc. ("PPG") issued the press release attached hereto as Exhibit 99, which is incorporated by reference herein. The information furnished pursuant to this Item 2.02 shall in no way be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, except if PPG specifically incorporates it by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. …

An excerpt of the text as filed with the SEC, cut for length.

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