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 Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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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BMO Capital analyst Ketan Mamtora  raised the price target on Trex Company Inc (NYSE:TREX) to $105 from $98 and maintained a Market Perform rating on the shares after its Q3 earnings beat.  Mamtora mentions the company benefits from "strong" composite decking demand while its market share gains from wood accelerate to 200bps.

Analysts Raise Trex Price Target On Solid Q3 Results

The company's products are replacing traditional lumber in decks around the U.S., and management is betting $400 million that the trend continues for a long time.

Why Trex Stock Spiked to an All-Time High on Tuesday

Trex Company, Inc. (TREX) CEO Bryan Fairbanks on Q3 2021 Earnings Call Transcript

Trex (TREX) delivered earnings and revenue surprises of 8.48% and 2.70%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Trex (TREX) Q3 Earnings and Revenues Beat Estimates

Trex Co (NYSE:TREX) reported its Q3 earnings results on Monday, November 8, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

Trex Co: Q3 Earnings Insights

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of composite decking and railing, innovator of high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered commercial railing systems, today reported third quarter 2021 results and year-to-date performance. “The strength of the outdoor living repair and remodel sector and continued broad-based demand for Trex-branded decking and railing produ

Trex Company Reports Strong Results in Third Quarter 2021

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of composite decking and railing and high-performance, low-maintenance, eco-friendly outdoor living products, and a leading national provider of custom-engineered commercial railing systems, today announced its participation in the following investor conferences: Baird 2021 Global Industrial Conference Location: Virtual format Date: Wednesday, November 10th Fireside Chat: 10:50am ET Trex Management: Bryan Fai

Trex Company Announces November and December 2021 Investor Conference Schedule

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Stephens analyst Trey Grooms upgraded Trex Company Inc (NYSE:TREX) to Overweight from Equal Weight and raised the price target to $120 (implying an upside of 17%), from $111.  Grooms states that Trex is the leader of the composite decking industry, and yesterday's announcement to significantly expand capacity "will further cement its long-term growth prospects and leading market position.

Stephens Analyst Sees 17% Upside In Trex

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company [NYSE: TREX], the world's #1 brand of wood-alternative decking and high-performance, low-maintenance, eco-friendly outdoor living products, and category leader for innovation and sales, has announced plans to develop a new multi-faceted production site in Little Rock, Ark. The company, which continues to experience broad-based demand driven by increasing consumer interest in outdoor living, believes that building a third U.S.-based manufacturing fa

Trex Company Announces Plans for Third U.S. Production Site

Competition Hosted by Composite Decking Leader Educates Students About Recycling, Kicks-off on America Recycles Day Competition Hosted by Composite Decking Leader Educates Students About Recycling, Kicks-off on America Recycles Day

Trex Company Encourages K-12 Schools to go Green and Enroll in Plastic Film Recycling Challenge

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's #1 brand of composite decking and railing and leader in high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered commercial railing systems, will issue its third quarter 2021 earnings release on Monday, November 8, 2021, after the close of the U.S. market. You are invited to participate in the Company's conference call hosted by senior management o

Trex Company Announces Timing of Third Quarter 2021 Earnings Release and Conference Call

An analyst downgrade sent shares tumbling, but there's hope ahead.

Why Trex Stock Slumped This Week but Could Rebound

Baird analyst Timothy Wojs downgraded Trex Company Inc (NYSE:TREX) to Neutral from Outperform and lowered the price target to $108 (implying an upside of 14.7%) from $116.  Decking channel checks suggest sell-through demand will be slower in Q3 and Q4, driven by a combination of material and labor constraints, tougher compares, inflation and seasonality, Wojs notes.

Trex Stock Slips After Downgrade From Baird

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Innovative All-PE Pouches Certified for Recyclability into Trex® Composite Decking Innovative All-PE Pouches Certified for Recyclability into Trex® Composite Decking

Trurenu Poly Packaging by Glenroy® Approved for Nextrex® Recycling Program

Trex and NW Works Team Up to Equalize Employment Opportunities for Individuals with Disabilities Trex and NW Works Team Up to Equalize Employment Opportunities for Individuals with Disabilities

Trex Company Expands Workforce With Clients From Virginia Nonprofit

Universal Deck Fastener Installation Tool Wins 2021 Golden Hammer Award Universal Deck Fastener Installation Tool Wins 2021 Golden Hammer Award

Trex Hits the Nail on the Head With New Product Innovation

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of composite decking and railing and leader in high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered commercial railing systems, today announced its participation in the following investor conference: Barclays Select Series: Building & Building Products Conference Location: Virtual format Date: Wednesday, August 11th Presentation: 1

Trex Company Announces August 2021 Investor Conference Schedule

Trex (TREX) delivered earnings and revenue surprises of 0.00% and 2.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Trex (TREX) Matches Q2 Earnings Estimates

Trex Company, Inc. (TREX) CEO Bryan Fairbanks on Q2 2021 Results - Earnings Call Transcript

Shares of Trex Co (NYSE:TREX) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 34.57% over the past year to $0.53, which were in line with the estimate of $0.53.

Recap: Trex Co Q2 Earnings

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of composite decking and railing and leader in high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered commercial railing systems, today reported second quarter 2021 results and year-to-date performance. “Our strong second quarter revenue growth was driven by sustained broad-based demand across all Trex Residential product lines and marke

Trex Company Reports Strong Results in Second Quarter

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) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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