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

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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Trex Company, Inc. (NYSE:TREX ) Q2 2023 Earnings Conference Call July 31, 2023 5:00 PM ET Company Participants Viktoriia Nakhla - IR Amy Fernandez - Vice President, General Counsel Bryan Fairbanks - President & CEO Brad McDonald - Chief Accounting Officer Conference Call Participants Keith Hughes - Truist Securities Tim Wojs - Baird John Lovallo - UBS Rafe Jadrosich - Bank of America Alexander Rygiel - B. Riley Ryan Merkel - William Blair Stanley Elliott - Stifel Joseph Ahlersmeyer - Deutsche Bank Michael Rehaut - JPMorgan Jeffrey Stevenson - Loop Capital Philip Ng - Jefferies Adam Baumgarten - Zelman Steven Ramsey - Thompson Research Group Kurt Yinger - D.A.

Trex Company, Inc. (TREX) Q2 2023 Earnings Call Transcript

Trex (TREX) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.79 per share a year ago.

Trex (TREX) Q2 Earnings and Revenues Top 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 and railing – all proudly manufactured in the U.S.A. – and a leader in outdoor living products, today reported second quarter 2023 results. Second Quarter 2023 Highlights Net sales of $357 million Second quarter gross margin of 43.9% Net income of $77 million and diluted earnings per share of $0.71 EBITDA of $117 million and EBITDA margin.

Trex Company Reports Second Quarter 2023 Results

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: Should You Buy?

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's #1 brand of sustainably made, wood-alternative decking and railing – all proudly manufactured in the U.S.A. – and a leader in high-performance, low-maintenance outdoor living products, will issue its second quarter 2023 earnings release on Monday, July 31, 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 July 31, 2023 at 5:00 PM ET.

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

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Why Did Owens Corning and Trex Climb More Than 20% in June?

WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's #1 brand of sustainably made, wood-alternative decking and railing – all proudly manufactured in the U.S.A. – and a leader in high-performance, low-maintenance outdoor living products, today published its 2022 Environmental, Social and Governance (ESG) report. Trex simultaneously advanced its long-range growth strategy and sustainability initiatives, executed at a high level, and created value for customers, investors.

Trex 2022 ESG Report Highlights Sustainability Integration Across the Company

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WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX) is deeply saddened to announce the passing of Michael F. Golden, the Company's Lead Independent Director. Named to the Trex Board in 2013, Mr. Golden served the Company for more than a decade as a strong contributor and supporter of the Trex Company's growth through product launches, the expansion of the Company's sales force, retail support and expanded market reach. Prior to joining the Trex Board, Mr. Golden was President and C.

Trex Company Mourns the Passing of Board Member Michael F. Golden

TREX introduces Trex Select T-Rail, a composite railing system reflecting competitive pricing, high performance and low maintenance.

TREX Expands Product Portfolio With New Trex Select T-Rail

WINCHESTER, Va., June 01, 2023 (GLOBE NEWSWIRE) -- In a bold move to expand its footprint in the competitive deck railing market, Trex Company [NYSE: TREX], the world's largest manufacturer of high-performance wood-alternative decking and railing, has introduced Trex Select® T-Rail.

Trex® Introduces New Style-Centric, Entry Level Composite Railing System

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 its participation in the following investor conferences: Stifel 2023 Cross Sector Insight Conference   Location: Boston, MA   Date: Tuesday, June 6th   Fireside Chat: 3:00 PM EDT   Trex Management: Bryan H. Fairbanks – President and Chief Executive Officer Bret M. Martz – Vice Presiden.

Trex Company Announces June 2023 Investor Conference Schedule

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 that Dennis Schemm has resigned as Senior Vice President and Chief Financial Officer (CFO) to accept a position in a southern region state closer to family. “We appreciate the contributions that Dennis has made during his tenure with us. Dennis has been a valuable member of our executi.

Trex Company Announces Departure of Chief Financial Officer

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Comprehensive, User-Friendly Software Expands Ability to Visualize and Curate a Deck Design Comprehensive, User-Friendly Software Expands Ability to Visualize and Curate a Deck Design

Homeowners Can Take Their Decks From Dream to Done With the Updated Trex® Deck Design Tool & Online Deck Planner

Trex Company started the year with an impressive rebound. Its financial positioning is quite bothersome but remains sustainable.

Trex: Rebounding With Solid Foundations And Decent Gains

In a difficult environment, Trex still managed to beat expectations on the top and bottom lines. The company also issued solid guidance and is managing costs well through the downturn.

Why Trex Stock Was Up Today

Trex Company, Inc. (NYSE:TREX ) Q1 2023 Earnings Conference Call May 8, 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 Jeffrey Stevenson - Loop Capital Ryan Merkel - William Blair Stanley Elliott - Stifel Trey Grooms - Stephens Spencer Kaufman - UBS Joseph Ahlersmeyer - Deutsche Bank Keith Hughes - Truist Securities Phil Ng - Jefferies Alexander Rygiel - B. Riley Adam Baumgarten - Zelman Reuben Garner - The Benchmark Company Matthew Bouley - Barclays Ketan Mamtora - BMO Capital Markets Rafe Jadrosich - Bank of America Daniel Oppenheim - Credit Suisse Michael Rehaut - JPMorgan Operator Good afternoon, and welcome to the Trex Company First Quarter 2023 Earnings Conference Call.

Trex Company, Inc. (TREX) Q1 2023 Earnings Call Transcript

Trex (TREX) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.62 per share a year ago.

Trex (TREX) Q1 Earnings and Revenues Beat 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 first quarter 2023 results. First Quarter 2023 Highlights Net sales of $239 million First quarter gross margin of 39.6% Net income of $41 million and diluted earnings per share of $0.38 EBITDA of $69 million and EBITDA margin of 28.8% CEO Comments “Our performance in the first quarter d.

Trex Company Reports First Quarter 2023 Results

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) 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.

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