Trex

Trex Co., Inc. engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. It operates through the following segments Trex Residential Products and Trex Commercial Products. The Trex Residential segment offers Fencing, Railing, Decking and Accessories. The Trex Commercial Products segment offers Architectural Railing System, Aluminum Railing Systems, Staging Equipment and Accessories. The company was founded by Andrew U. Ferrari and Roger A. Wittenberg on September 4, 1998, and is headquartered in Winchester, VA.

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Earnings data Q4 2024

Trex reports solid Q4 earnings, eyes growth through innovation

Trex's strategic focus on innovation, brand strength, and distribution expansion underpins growth.
Challenges in managing pricing pressures and operational efficiency require careful attention.
Opportunities in steady demand, cost-saving measures, and revenue expansion through consumer behavior exist.
Overall, Trex's performance in Q4 2022 sets a positive trajectory for growth and margin improvement.

Trex reports robust Q1 earnings, eyes market share growth

Trex's Q1 2023 performance reflects strong financial results and strategic investments for growth, supported by market leadership and a focus on innovation and sustainability.
While facing seasonal challenges and operational requirements for production ramp-up, the company is well-positioned to capitalize on opportunities in marketing, market share expansion, and potential M&A.
Overall, Trex's performance highlights a balanced approach to addressing challenges, leveraging strengths, and pursuing opportunities for sustained growth and market leadership.

Trex reports robust Q2 earnings, raises guidance amid sustainability focus

Trex's Q2 2023 earnings call highlighted strong sales performance, increased guidance, and a focus on sustainability and new product development.
Challenges include managing raw material costs, balancing CapEx requirements, and ensuring effective brand spending, while opportunities exist in composite conversion rates and market engagement.
Overall, Trex's performance reflects a positive outlook driven by consumer demand, strategic investments, and operational efficiency.

Trex reports robust Q3 performance, eyes growth through innovation

Trex's Q3 performance reflects strong growth driven by new products and marketing investments, with a focus on market share expansion and sustainability.
While facing challenges like thinning project backlogs and increased SG&A spending, the company remains optimistic about future opportunities for growth and differentiation.
By leveraging its strengths in product innovation and market positioning, Trex aims to navigate challenges and capitalize on market demand for high-quality, sustainable products.

Trex reports robust earnings, eyes growth through innovation and sustainability

Trex's strong Q4 performance and full-year results reflect growth momentum and profitability enhancements driven by strategic initiatives.
Despite challenges in certain sectors, the company's focus on innovation, sustainability, and operational efficiency positions it well for future growth.
With a positive outlook for 2024 and a strategic roadmap for margin improvement, Trex is poised for continued success in the market.

Trex (TREX) reports stellar Q1 results, eyes growth opportunities

Trex's Q1 performance reflects strong sales growth and margin expansion, underpinned by market demand for premium decking products and operational efficiencies.
The company's strategic positioning, brand recognition, and focus on innovation present opportunities for sustained growth and market leadership.
While facing challenges in inventory management and channel dynamics, Trex's proactive approach to product expansion and operational optimization positions it for long-term success.

Trex reports Q2 growth driven by premium products amid challenges

Trex reported solid financial performance in Q2 2024, driven by strong demand for premium products.
While facing challenges such as softness in entry-level products, the company remains focused on growth.
Opportunities lie in expanding market presence through new product launches and strategic investments.
Overall, Trex's proactive approach to market challenges positions it well for long-term success.

Trex reports Q3 sales growth, plans market expansion and innovation

Trex's Q3 2024 showcased mixed results with sales growth but lower profitability. Despite challenges in gross margin and net income, the company remains focused on expanding market share, enhancing margins, and driving innovation for sustained growth.

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WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today reported on recent repurchases of its common stock. In the third quarter 2024, the Company has repurchased 822,400 shares at an average price of $60.83 per share, for a total of $50 million, as part of the Stock Repurchase Program adopted by its Board of Directors on May 4, 202.

Trex Company Reports on Recent Share Repurchases

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, announced the appointment of executive Chris Keffer as a new independent member of its Board of Directors, effective August 15, 2024. Mr. Keffer brings 30 years of leadership experience in the power tool industry, serving both the professional and consumer markets. In 2023, he was na.

Trex Company Appoints Chris Keffer as New Independent Member of Trex Board of Directors

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Trex beat analyst earnings expectations, but revenue came in lighter than expected. The company also guided for third-quarter and full-year sales below expectations.

Why Trex Stock Is Falling Today

Trex Company, Inc. (TREX) Q2 2024 Earnings Call Transcript

Trex (TREX) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.71 per share a year ago.

Trex (TREX) Q2 Earnings Surpass Estimates

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today announced financial results for the second quarter of 2024. Second Quarter Financial 2024 Highlights Net sales of $376 million Gross margin of 44.7% Net income of $87 million and diluted earnings per share of $0.80 EBITDA of $130 million and EBITDA margin of 34.6% CEO Comments.

Trex Company Reports Second Quarter 2024 Results

Budget-friendly post sleeve, cap and skirt packages make railing selection and installation a breeze Budget-friendly post sleeve, cap and skirt packages make railing selection and installation a breeze

Trex Introduces New All-In-One Railing Post Kits

Trex (TREX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Trex (TREX) Reports Next Week: Wall Street Expects Earnings Growth

Cable and Glass Railing Options Enhance Style and Specification X-ponentially Cable and Glass Railing Options Enhance Style and Specification X-ponentially

Trex Launches New Trex Signature® X-Series™ Railing

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, will issue its second quarter 2024 earnings release on Tuesday, August 6, 2024, after the close of the U.S. market. You are invited to participate in the Company's conference call hosted by senior management on August 6, 2024, at 5:00 PM ET. Their prepared remarks will be followed by.

Trex Company Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today published its 2023 Sustainability Report, “Seeing More Value in Sustainability.” Trex 2023 financials demonstrated the strength of the Trex brand, the resilience of its consumer base, and the relevance of its products, underpinned by a 30+ year commitment to sustainability base.

Trex 2023 Sustainability Report Showcases the Company's Ongoing Progress

TREX is a high-quality, maintenance-free faux wood product that is popular among homeowners. The company is the market leader in synthetic wood products, with potential for growth in decking and railing markets. TREX's valuation is currently high, but its consistent earnings growth and future potential make it a compelling long-term investment.

Trex: A Wonderful Company At A Fair Price

Investors need to pay close attention to Trex (TREX) stock based on the movements in the options market lately.

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TREX enhances its Spiral Stairs collection product offering by partnering with Paragon Stairs as its exclusive supplier.

TREX Partners Paragon Stairs, Boosts Spiral Stairs Collection

WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- Trex Company [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners.

Trex Taps Paragon Stairs as Exclusive Provider of Trex® Spiral Stairs

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The Zacks Building Products - Wood industry is expected to gain from a favorable housing market, home improvement activities and cost control. Industry players like TREX, UFPI and LPX are set to gain the most from the tailwinds.

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TREX's first-quarter results reflect higher utilization and investments in production efficiencies amid an increase in SG&A costs.

TREX Q1 Earnings & Net Sales Beat Estimates, Margins Up

Trex (TREX) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.38 per share a year ago.

Trex (TREX) Surpasses Q1 Earnings and Revenue Estimates

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX) (Trex or Company), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leading brand in outdoor living products, today announced financial results for the first quarter of 2024. First Quarter Financial 2024 Highlights Net sales of $374 million Gross margin of 45.4% Net income of $89 million and diluted earnings per share of $0.82 EBITDA of $133 million and EBITDA margin of.

Trex Company Reports First Quarter 2024 Results

TREX is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why TREX Might Surprise This Earnings Season

Trex (TREX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Trex (TREX) a New Buy Stock

Trex (TREX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Trex (TREX) Earnings Expected to Grow: Should You Buy?

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leading brand in outdoor living products, today announced its participation in the following investor conferences: J.P. Morgan 17th Annual Homebuilding & Building Products Conference Location: New York, NY Date: Tuesday, May 14th Fireside Chat: 2:00 PM EDT Trex Management: Brenda K. Lovcik – Senior Vice President and.

Trex Company Announces May and June 2024 Investor Conference Schedule

Trex (TREX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

News for Trex Stock (TREX)