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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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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ENGLEWOOD, Colo., May 02, 2023 (GLOBE NEWSWIRE) -- Reinforcing their commitment to providing industry-leading waterproofing products for decking contractors and DIYers, the makers of Trex® Protect™ joist, beam and rim tape, Trex® Seal™ ledger flashing tape and the Trex® RainEscape®  deck drainage system, have extended the warranty timeframe across their entire product portfolio. All of these products are now warrantied against defects in materials or workmanship under normal and proper use for a period of 25 years from the date of purchase.

Trex® Protect™, Trex® Seal™ and Trex® RainEscape®, Now Warrantied for 25 Years

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) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Leading Decking and PE Film Manufacturers Announce Winners of the 2022-23 Trex® Plastic Film Recycling Challenge Leading Decking and PE Film Manufacturers Announce Winners of the 2022-23 Trex® Plastic Film Recycling Challenge

Trex and CNG Team Up to Celebrate Top Student Recyclers

Industry Leader Retains Top Honors in Annual Study for 16th Consecutive Year Industry Leader Retains Top Honors in Annual Study for 16th Consecutive Year

Builders Rank Trex® Their Brand of Choice for Composite Decking & Railing

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, announced today the appointment of human resources executive Melkeya McDuffie as a new independent member of its Board of Directors effective immediately. Ms. McDuffie is an accomplished executive and leader with a long career in human capital and general business management. She is currently Executiv.

Trex Company Appoints Human Resources Leader Melkeya McDuffie to its Board of Directors

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, will issue its first quarter 2023 earnings release on Monday, May 8, 2023, after the close of the U.S. market. You are invited to participate in the Company's conference call hosted by senior management on May 8, 2023 at 5:00 PM ET.

Trex Company Announces Timing of First Quarter 2023 Earnings Release and Conference Call

Green Builder Media Honors New Composite Decking Line for its Enhanced Performance, Aesthetics and Sustainability Green Builder Media Honors New Composite Decking Line for its Enhanced Performance, Aesthetics and Sustainability

Trex Transcend® Lineage™ Named “Sustainable Product of the Year”

One Winner to Receive Design Consultation, Trex Outdoor Furniture Set and $200 Visa Gift Card One Winner to Receive Design Consultation, Trex Outdoor Furniture Set and $200 Visa Gift Card

Trex Company Launches ‘Trex x Carmen Johnston Spring Refresh Giveaway'

Biophilic Design, Privacy and Sustainability Lead Top Trends Biophilic Design, Privacy and Sustainability Lead Top Trends

Trex Releases 2023 Outdoor Living Forecast

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Rising interest rates and inflation are squeezing the consumer and weighing on discretionary spending. Trex outlined how it's combating these pressures in its Q4 2022 and Full Year earnings release and conference call.

Trex: Key Takeaways From 2022 Full Year Results

Trex Company, Inc. (NYSE:TREX ) Q4 2022 Earnings Conference Call February 27, 2023 5:00 PM ET Company Participants Viktoriia Nakhla - Investor Relations Bryan Fairbanks - President and Chief Executive Officer Dennis Schemm - Senior Vice President and Chief Financial Officer Amy Fernandez - Vice President, General Counsel Conference Call Participants John Lovallo - UBS Ryan Merkel - William Blair Joe Ahlersmeyer - Deutsche Bank Tim Wojs - Baird Trey Grooms - Stephens Keith Hughes - Truist Securities Jeff Stevenson - Loop Capital Phil Ng - Jefferies Reuben Garner - The Benchmark Company Alex Rygiel - B. Riley Kurt Yinger - D.A.

Trex Company, Inc. (TREX) Q4 2022 Earnings Call Transcript

Trex (TREX) delivered earnings and revenue surprises of 4.55% and 3.53%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Trex (TREX) Q4 Earnings and Revenues Surpass Estimates

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, today reported fourth quarter and full year 2022 results. Fourth Quarter and Full Year 2022 Highlights Quarterly net sales of $192 million; Full year net sales of $1.1 billion Fourth quarter gross margin of 34.

Trex Company Reports Fourth Quarter and Full Year 2022 Results

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company [NYSE:TREX], the world's largest manufacturer of wood-alternative composite decking and railing, and leader in high-performance, low-maintenance outdoor living products has been named the 2023 America's Most Trusted® Composite Decking brand, according to a nationwide study by Lifestory Research. This is the third year in a row that Trex® has earned the #1 ranking in the organization's annual brand trust study.

Trex Named 2023 America's Most Trusted® Composite Decking Brand

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WINCHESTER, Va.--( BUSINESS WIRE )--Trex Company, Inc. [NYSE:TREX], the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products, will issue its fourth quarter 2022 earnings release on Monday, February 27, 2023, after the close of the U.S. market.

Trex Company Announces Timing of Fourth Quarter 2022 Earnings Release and Conference Call

WINCHESTER, Va.--( BUSINESS WIRE )--Once again, Trex® (NYSE: TREX), the world's #1 brand of high-performance, low-maintenance composite decking and railing, is revolutionizing outdoor living with the introduction of its latest innovation – Trex Signature ® decking. This premium offering from the category inventor and industry leader pioneers a realistic woodgrain that raises the bar for beauty, performance and sustainability, and is now available in designated markets across the West Coast, Northeast and Mid-Atlantic regions of the U.S.

Trex Sets a New Standard for Outdoor Living With the Introduction of Trex Signature® Decking

New Ledger Tape Recognized for Innovation, Performance and Overall Value New Ledger Tape Recognized for Innovation, Performance and Overall Value

Trex® Seal™ Earns Top Honors From Two Industry Award Programs

Trex Company Announces New Products for 2023 Trex Company Announces New Products for 2023

What's Next in Outdoor Living?

Trex Company, Inc. has seen a big pullback in the second half 2022 results, after a strong start to the year. Cash flow conversion has been hurt by large capital investment requirements and lower earnings.

Trex Company: Tougher 2022 Than Previously Thought

WINCHESTER, Va.--( BUSINESS WIRE )--On the heels of the successful launch of Trex Transcend ® Lineage™ in mid-2022, the composite decking leader is adding two new colors to the luxury line for 2023. Expanding its industry-leading decking portfolio, these new hues boast premium aesthetics, heat-mitigating technology, and superior performance backed by an impressive 50-year warranty.

Trex Expands Transcend® Lineage™ Line With Two New Colors and an Extended 50-year Warranty

TREX divests its commercial products segment to de-risk business.

TREX Sells Commercial Products Business to Sightline

WINCHESTER, Va.--( BUSINESS WIRE )--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products today announced the sale of substantially all of the assets of its wholly-owned subsidiary, Trex Commercial Products, Inc. (Trex Commercial) to Minnesota-based Sightline Commercial Solutions, LLC. The details of this transaction will be filed in Trex's Current Report on Form 8-K with the U.S. Securities and Exchange Commission.

News for Trex Stock (TREX)