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 wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced its participation in the following investor conferences: Baird 2024 Global Industrial Conference Location: Chicago, IL Date: Tuesday, November 12th Fireside Chat: 1:10 PM CDT Trex Management:   Bryan Fairbanks – President and Chief Executive Officer     Bret Martz – G.

Trex Company Announces November & December 2024 Investor Conference Schedule

With numerous headwinds in the rearview, market sentiment is improving for Trex Company. Trex has 3 tailwinds: growth in Restore & Remodel, a new opportunity in railing, and growth in FCF. At $70, Trex stock is undervalued by >15% compared to historical valuation metrics.

Trex Company: The Bottom Is In (Rating Upgrade)

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Trex Company, Inc. (NYSE:TREX ) Q3 2024 Earnings Call Transcript October 28, 2024 5:00 PM ET Company Participants Casey Kotary - IR Amy Fernandez - SVP, CLO and Secretary Bryan Fairbanks - President and CEO Brenda Lovcik - SVP and CFO Conference Call Participants Ryan Merkel - William Blair Rafe Jadrosich - Bank of America Keith Hughes - Truist Reuben Garner - The Benchmark Company Susan Maklari - Goldman Sachs John Lovallo - UBS Michael Rehaut - JPMorgan Tim Wojs - Baird Phil Ng - Jefferies Jeffrey Stevenson - Loop Capital Kurt Yinger - D.A. Davidson Trevor Allinson - Wolfe Research Adam Baumgarten - Zelman Steven Ramsey - Thompson Research Group Matthew Bouley - Barclays Operator Good day, and welcome to the Trex Company Third Quarter 2024 Earnings Conference Call.

Trex Company, Inc. (TREX) Q3 2024 Earnings Call Transcript

Trex (TREX) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.57 per share a year ago.

Trex (TREX) Surpasses Q3 Earnings and Revenue Estimates

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial results for the third quarter of 2024. Third Quarter Financial 2024 Highlights Net sales of $234 million Gross margin of 39.9% Net income of $41 million and diluted earnings per share of $0.37 EBITDA of $68 million and EBITDA margin of 29.1% Trex repurchased.

Trex Company Reports Third Quarter 2024 Results

WINCHESTER, Va.--(BUSINESS WIRE)--For more than 30 years, the Trex name has been synonymous with high-performance, low-maintenance composite decking – but that's about to change. With the extensive range of new products the brand has on tap for 2025, Trex Company (NYSE:TREX) is primed to expand its leadership beyond decking to elevate the brand as a total outdoor living resource. “2025 will be the year of railing for Trex,” said Adam Zambanini, Executive Vice President and Chief Operating Offic.

Trex Fortifies Its Position as the #1 Brand of Decking And Residential Railing With Its Most Extensive Line-Up of New Products to Date

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.

Analysts Estimate Trex (TREX) to Report a Decline in Earnings: What to Look Out for

WINCHESTER, Va.--(BUSINESS WIRE)--Leading building products distributor Snavely Forest Products is going all-in with Trex. The longtime Trex®-exclusive decking distributor will now sell Trex® railing exclusively through its nationwide distribution network, including expanded reach with Trex in the Colorado market. “It is a very exciting time to be affiliated with Trex,” said Clark Spitzer, president of Snavely Forest Products. “Not only do they engineer the industry's top-selling composite deck.

Snavely Forest Products Goes All-in With Trex

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX] the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, will issue its third quarter 2024 earnings release on Monday, October 28, 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 October 28, 2024, at 5:00 PM ET. Their prepared remarks will be followed b.

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

Trex manufactures composite decking and has quickly become the leader in its niche. Despite its market share leadership, the company's growth story has many chapters to go.

A Once-in-a-Decade Opportunity: 1 Unstoppable Multibagger Up 3,200% Since 2009 to Buy Before It Surges Again

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company [NYSE:TREX], the world's largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is expanding performance and aesthetic options for homeowners with the addition of two new colors to the brand's popular Trex Enhance® decking line – both featuring heat-mitigating* technology coupled with affordability. “Trex Enhance has been a game-changer for us, for homeowners and for.

Trex Adds Two New Hues With Enhanced Performance to Trex Enhance® Decking Line

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 its participation in the following investor conferences: Goldman Sachs 31st Annual Global Retailing Conference Location: New York, NY Date: Wednesday, September 4th Fireside Chat: 8:15 AM EDT Trex Management: Bryan H. Fairbanks, President and Chief Executive Officer A.

Trex Company Announces September 2024 Investor Conference Schedule

Trex Company Plastic Recycling Initiative Achieves 227% Growth in Just Two Years Trex Company Plastic Recycling Initiative Achieves 227% Growth in Just Two Years

NexTrex® Grassroots Movement Proves a Sustainable Success Story

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) 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

News for Trex Stock (TREX)