Trex Company, Inc. (TREX) Q1 2025 Earnings Call Transcript |
Trex Company, Inc. (NYSE:TREX ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants Casey Kotary - Head, IR Amy Fernandez - SVP, Chief Legal Officer & Secretary Bryan Fairbanks - President & CEO Brenda Lovcik - SVP & CFO Conference Call Participants Ryan Merkel - William Blair Rafe Jadrosich - Bank of America Tim Wjos - Baird Keith Hughes - Truist Susan Maklari - Goldman Sachs Collin Verron - Deutsche Bank Michael Rehaut - J.P. Morgan Ketan Mamtora - BMO Capital John Lovallo - UBS Phil Ng - Jefferies Trey Grooms - Stephens Matthew Bouley - Barclays Anthony Pettinari - Citigroup Adam Baumgarten - Zelman & Associates Operator Hello, and welcome to the Trex Company, Inc. First Quarter 2025 Earnings Conference Call. |
seekingalpha.com |
2025-05-09 01:37:51 |
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Trex (TREX) Tops Q1 Earnings and Revenue Estimates |
Trex (TREX) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.82 per share a year ago. |
zacks.com |
2025-05-08 22:31:07 |
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Trex Company Reports First Quarter 2025 Results |
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 first quarter of 2025. First Quarter 2025 Financial Highlights Net sales of $340 million Gross profit of $138 million / Adjusted gross profit of $142 million Net income of $60 million and diluted earnings per share of $0.56 / Adjusted net inco. |
businesswire.com |
2025-05-08 20:05:00 |
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Trex (TREX) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release |
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. |
zacks.com |
2025-05-01 15:06:18 |
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Will Trex (TREX) Beat Estimates Again in Its Next Earnings Report? |
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. |
zacks.com |
2025-04-24 17:15:37 |
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Live Nasdaq Composite: CSX (Nasdaq: CSX) Rises Amid Pivot to Earnings |
Live Updates Live Coverage Has Ended Markets Go Their Own Way 1:20 pm by Gerelyn Terzo The stock market indices are trading mixed, with the Nasdaq Composite and S&P 500 posting fractional gains while the Dow Jones Industrial Average is sharply lower, losing 300 points. UnitedHealth Group stock has been a weight on the Dow and S&P 500 today after its worrying quarterly results and outlook. Honeywell (Nasdaq: HON), which is part of the Nasdaq Composite, is gaining over 2% on the day. The company reports its quarterly results on April 29. The company is in the midst of spinning off a couple of business divisions, and the stock is nearing the $200 per share level. Alphabet (Nasdaq: GOOGL) is down 1% after BMO Capital cut its price target on the stock to $200 per share, which still represents upside from current levels of $151 per share. Texas Instruments (Nasdaq: TXN) is gaining 1.5% on the day as the company expands its chip footprint in the auto sector. Market Gains Slip 8:17 am The Nasdaq Composite and S&P 500 are struggling to keep their grip on gains after coming out of the gate higher, while the Dow Jones Industrial Average remains pressured with a 1.2% loss on the day. UnitedHealth (NYSE: UNH) stock is a major drag on the Dow, owing to disappointing quarterly results, while CSX (Nasdaq: CSX) remains a bright spot, rising 1.2% on the day. Chip stock Qualcomm (Nasdaq: QCOM) is up nearly 1% this morning on a bullish report out of Citi analysts. Sector performance is largely positive, led by a 2.4% gain in energy stocks but dampened by a tech sector that has just turned south. After yesterday’s massive technology sell-off, the markets are licking their wounds, with the three major stock market averages giving a mixed showing. Among the gainers is the Nasdaq Composite with a 0.63% advance and the S&P 500 also fractionally higher while the Dow Jones Industrial Average is currently erasing over 400 points. Most sectors of the economy are seeing green today, a complete reversal from yesterday’s leader board. The markets are still processing Fed Chairman Jerome Powell’s comments from yesterday, which were on the hawkish side of monetary policy. Earnings are capturing some attention away from tariffs with railway CSX (Nasdaq: CSX) gaining 1% on the heels of its Q1 print. CSX faced challenges in the quarter, including a 7% year-over-year decline in revenue, but met consensus expectations amid a backdrop of weaker coal prices and dwindling fuel surcharges. Big Tech is mostly showing green this morning but remains mired in losses over the past five-day stretch, including a 2% drop in Apple (Nasdaq: AAPL), 14% decline in Meta (Nasdaq: META) and nearly 9% drop in Nvidia (Nasdaq: NVDA) over the past week or so. UnitedHealth (NYSE: UNH) is a big drag on the Dow, shaving off 18% of its value today alone on disappointing earnings results. Here’s a look at the performance as of morning trading: Dow Jones Industrial Average: Down 446 (-1.09%) Nasdaq Composite: Up 118.75 (+0.65%) S&P 500: Up 22 (+0.41%) Market Movers Qualcomm (Nasdaq; QCOM) is rising today on the heels of a bullish report out of Citi analysts, who reportedly raised estimates on the company and added it to their positive catalyst watchlist thanks to robust demand for its chipsets out of China. QCOM stock has been volatile and is down 11% year-to-date. Citi also likes Generac Holdings (Nasdaq: GNRC), upgrading the stock to “buy” with a “high-risk” tone from “neutral.” BMO has upgraded shares of wood producer (NYSE: TREX) Trex to “outperform” from “market perform,” calling shares attractive. The stock is up 1.8% today. The post Live Nasdaq Composite: CSX (Nasdaq: CSX) Rises Amid Pivot to Earnings appeared first on 24/7 Wall St.. |
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2025-04-18 14:31:40 |
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Trex Company Announces Timing of First Quarter 2025 Earnings Release and Conference Call |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE: TREX], the world's largest manufacturer of wood-alternative decking and residential railing and a leader in high-performance, low-maintenance outdoor living products, will issue its first quarter 2025 earnings release on Thursday, May 8, 2025, 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, 2025, at 5:00 PM ET. Their prepared remarks will be follo. |
businesswire.com |
2025-04-17 13:00:00 |
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Trex Company Adds Two Highly Experienced Executives to Leadership Team |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's largest manufacturer of wood-alternative decking and railing products and a leader in outdoor living products, announced the addition of two key executives: Jodi Lee is joining Trex as Senior Vice President, Marketing, where she will lead the Company's marketing strategy, drive consumer engagement, and develop innovative campaigns to support Trex's long-term growth goals; and Kevin Brennan is joining as Vice President. |
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2025-04-14 16:00:00 |
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Trex Select™ Decking Lauded by Green Building Community as One of the Top “Sustainable Products of the Year” |
WINCHESTER, Va.--(BUSINESS WIRE)--For the 15th year in a row, Trex Company [NYSE:TREX], the world's largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, has been named Green Builder Media's “Sustainable Brand Leader” in the decking category. The Company's new Trex Select® decking was also selected by Green Builder editors as one of the 50 most “Sustainable Products of the Year,” further reinforcing Trex's leader. |
businesswire.com |
2025-04-14 13:00:00 |
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Trex Honored for Outstanding Innovation and Sustainability Impact |
WINCHESTER, Va.--(BUSINESS WIRE)--Reinforcing the company's legacy and steadfast commitment to sustainability, Trex Company [NYSE:TREX], the world's largest manufacturer of wood-alternative decking and residential railing, and leader in high-performance, low-maintenance outdoor living products, earned top honors in this year's Environment + Energy (E+E) Leader Awards. Trex® composite decking was not only named Product of the Year but also the Judges' Choice Winner as the top-scoring entry in th. |
businesswire.com |
2025-04-03 18:17:00 |
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Tariff Fatigue? Look to These 3 Stocks for Upside |
Tariff fatigue is a subtle market condition in which prolonged tariffs cause investor fatigue. This fatigue causes investors to look for and take advantage of companies that can withstand or even benefit from the tariffs. |
marketbeat.com |
2025-03-07 09:00:15 |
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Tariff uncertainty weighs on stocks, Trex CEO talks tariffs and potential opportunities |
Yahoo Finance anchors Josh Lipton and Julie Hyman break down market losses as tariff uncertainty weighs on stocks; Trex CEO describes tariffs as a 'moving target' but says there may be opportunities, plus the latest developments on the possible deal between LIV Golf and the PGA. #youtube #stocks #trump About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. |
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2025-03-07 03:18:11 |
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Trex CEO: Lumber should see a tailwind from needed deck repairs |
Bryan Fairbanks, Trex CEO, joins 'The Exchange' to discuss the lumber business and wood-alternatives. |
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2025-03-06 16:36:06 |
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Trex Company Announces March 2025 Investor Conference Schedule |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's largest manufacturer of wood-alternative decking and railing products and a leader in outdoor living products, today announced its participation in the following investor conferences: Loop Capital 6th Annual Investor Conference Location: Virtual Date: Monday, March 10th Trex Management: Brenda Lovcik – Senior Vice President and Chief Financial Officer William Blair Industrials Summit Location: Park City, UT Date: Sund. |
businesswire.com |
2025-03-06 13:30:00 |
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Trex Sees Double-Digit Growth in Premium Products |
Trex (TREX 0.81%), the leading manufacturer of wood-alternative decking and railing products, recently held its fourth-quarter and full-year 2024 earnings call on February 24, 2025. For investors focused on the long-term potential of this repair and remodel market leader, the call provided important insights into the company's strategic initiatives, product innovations, and financial outlook. |
fool.com |
2025-03-06 07:30:00 |
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Trex Ranked Among Barron's 100 Most Sustainable Companies for 2025 |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company (NYSE:TREX), the world's largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is proud to announce its inclusion in Barron's 2025 ranking of the 100 Most Sustainable U.S. Companies. In its second consecutive year on the prestigious list, Trex earned the #48 spot, moving up 20 places since its debut appearance in 2024. Barron's, a leading financial publicat. |
businesswire.com |
2025-03-03 18:01:00 |
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Down -16.99% in 4 Weeks, Here's Why Trex (TREX) Looks Ripe for a Turnaround |
The heavy selling pressure might have exhausted for Trex (TREX) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal. |
zacks.com |
2025-02-25 12:35:23 |
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Trex (TREX) Q4 Earnings and Revenues Surpass Estimates |
Trex (TREX) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2025-02-24 20:21:34 |
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Trex Delivers EPS Win, Revenue Dips |
Trex Company Inc. (TREX 1.80%), a leading producer of composite decking and railing, released its earnings report for the fourth quarter of 2024 on Feb. 24, 2025. The company disclosed earnings per share (EPS) of $0.09, outperforming the analyst forecast of $0.0428. |
fool.com |
2025-02-24 20:03:43 |
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Trex Company Reports Fourth Quarter and Full Year 2024 Results |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world's largest manufacturer of wood-alternative decking and railing products and a leader in outdoor living products, today announced financial results for its fourth quarter and full year of 2024. 2024 Fourth Quarter Financial Highlights Net sales of $168 million Gross margin of 32.7% Net income of $10 million and diluted earnings per share of $0.09 EBITDA of $29 million and EBITDA margin of 17.2% 2024 Full Year Financial H. |
businesswire.com |
2025-02-24 18:05:00 |
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LPX vs. TREX: Which Stock Is the Better Value Option? |
Investors interested in Building Products - Wood stocks are likely familiar with Louisiana-Pacific (LPX) and Trex (TREX). But which of these two companies is the best option for those looking for undervalued stocks? |
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2025-02-20 14:45:26 |
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Fonon Technologies Brings Cutting-Edge Laser Tech to NOBLE TR/EX 2025 |
ORLANDO, Fla.--(BUSINESS WIRE)--Fonon Technologies, a marketing and systems integration provider of state-of-the-art laser technologies for material processing and defense infrastructures, today announced its participation in the NOBLE TR/EX 2025 Training/Expo. This event will feature the latest technology from top defense, emergency preparedness/response, and enterprise security manufacturers. Scheduled for February 18-19, 2025, the event offers mission-specific training for active-duty milita. |
businesswire.com |
2025-02-18 14:55:00 |
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Trex (TREX) Expected to Beat Earnings Estimates: Can the Stock Move Higher? |
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. |
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2025-02-17 13:06:24 |
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Trex® Outdoor Living Forecast |
WINCHESTER, Va.--(BUSINESS WIRE)--Outdoor living in the new year is redefining how we use and enjoy our backyards, blending cutting-edge design, personalized touches and sustainable solutions. What began during the pandemic as a functional escape has evolved into a movement toward creating private outdoor oases that rival the luxury of indoor spaces with bold, imaginative and comfort-forward elements taking center stage. “Homeowners today are thinking far beyond the basics of a patio and a gril. |
businesswire.com |
2025-02-04 11:00:00 |
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Trex Company Announces Timing of Fourth Quarter 2024 Earnings Release and Conference Call |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE:TREX], the world's largest manufacturer of wood-alternative decking and residential railing products and a leader in outdoor living products, will issue its fourth quarter 2024 earnings release on Monday, February 24, 2025, after the close of the U.S. market. You are invited to participate in the Company's conference call hosted by senior management on February 24, 2025, at 5:00 PM ET. Their prepared remarks will be followed by a questi. |
businesswire.com |
2025-02-03 11:00:00 |
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5 Construction Stocks Set to Carve a Beat in Q4 Earnings |
LPX, TREX, STRL, PHM and WY from the Zacks Construction sector are set to beat analysts' expectations amid high rates, inflationary pressure and labor woes. |
zacks.com |
2025-01-28 14:20:21 |
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Trex: Sustainable Growth or Cyclical Gamble? |
Explore the exciting world of Trex (TREX 0.77%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! |
fool.com |
2025-01-27 21:00:00 |
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Will Trex (TREX) Beat Estimates Again in Its Next Earnings Report? |
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. |
zacks.com |
2025-01-27 15:16:12 |
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Trex Named “America's Most Trusted® Outdoor Decking” for Fifth Consecutive Year |
WINCHESTER, Va.--(BUSINESS WIRE)--When it comes to the products we purchase for our homes and families, trust means everything. With that in mind, Trex Company [NYSE:TREX], the world's largest manufacturer of wood-alternative composite decking and residential railing, and leader in high-performance, low-maintenance outdoor living products, is proud to share that it has been named “2025 America's Most Trusted® Outdoor Decking,” according to a nationwide study conducted by Lifestory Research. Thi. |
businesswire.com |
2025-01-21 11:00:00 |
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Ignore Trex's Third Quarter: Better Revenue And Earnings Are Coming |
Trex Company, Inc. reported lower Q3 2024 revenue and earnings due to seasonal factors and high capex for its Arkansas plant, but growth is expected post-2025. The company's competitive edge lies in its cost-efficient manufacturing process, its scale, and use of recycled materials. Despite current declines, Trex's cost-cutting initiatives and increased capacity from the new plant position it for double-digit earnings growth by late 2025 or early 2026. |
seekingalpha.com |
2025-01-19 15:32:53 |
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Here's Why Investors Must Retain Trex Company Stock for Now |
TREX stock benefits from product innovation investments and efforts to expand its distribution network. However, increased costs and expenses hurt. |
zacks.com |
2024-12-30 14:25:33 |
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Trex Joins Forces With Weyerhaeuser to Boost Southwest Expansion |
TREX expands in the Southwest through a strategic partnership with Weyerhaeuser, enhancing access to premium outdoor living products. |
zacks.com |
2024-12-11 12:26:15 |
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Trex Expands Distribution with International Wood Products, Strengthening Presence in Northern California and Northern Nevada |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE: TREX), the world's largest manufacturer of wood-alternative decking and residential railing products, announces the expansion of its relationship with building materials distributor International Wood Products, LLC (IWP). As part of this strategic move, IWP will exclusively stock Trex® decking and railing at all five of its distribution facilities in the Western United States, including their Cloverdale, California location. This signi. |
businesswire.com |
2024-12-11 11:00:00 |
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Trex Company Teams with Weyerhaeuser to Expand Distribution Across California, Nevada, Arizona and New Mexico |
WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company (NYSE: TREX), the world's leading manufacturer of wood-alternative decking and residential railing, has joined forces with Weyerhaeuser, a global leader in sustainable forestry and one of the largest manufacturers of wood products in North America, to significantly expand Trex's presence across the Southwest region. This collaboration will enhance access to the brand's premium decking and railing products for customers in California, Nevada, Arizon. |
businesswire.com |
2024-12-10 11:00:00 |
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Trex Expands Canadian Distribution With Alexandria Moulding |
TREX expands in Canada with Alexandria Moulding, bringing premium decking to more retailers, homeowners, and contractors nationwide. |
zacks.com |
2024-12-04 14:36:11 |
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Trex Company Teams With Alexandria Moulding to Expand Canadian Reach |
WINCHESTER, Va. & ALEXANDRIA, Ont.--(BUSINESS WIRE)--Trex Company, Inc. [NYSE: TREX], the world's largest manufacturer of high-performance, wood-alternative decking and railing, and a leading brand of outdoor living products, has announced the expansion of its distribution network in Canada with Alexandria Moulding. The leading North American manufacturer and distributor of mouldings, millwork and decorative building products, will bring the brand's premium decking and railing products to a bro. |
businesswire.com |
2024-12-03 11:00:00 |
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Trex Company Welcomes New Chief Information Officer to Leadership Team |
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, announced that Dr. Anand Kangala, has joined Trex as its new Vice President and Chief Information Officer effective today. As a member of the Trex leadership team, Dr. Kangala will lead global IT functions and enterprise technology strategy. “As a high growth company, we are committed. |
businesswire.com |
2024-11-18 12:11:00 |
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TREX Strengthens Partnership With Boise Cascade, Expands Reach |
Trex expands its distribution network with Boise Cascade partnership. |
zacks.com |
2024-11-14 13:56:10 |
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Trex Company's Exclusivity Strategy Drives Shifts in the Distribution Landscape |
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, is providing an update on its program to expand exclusivity with its existing partners to include its railing products. Since the end of the third quarter of 2024, two of Trex's exclusive decking distributors have become exclusive distributors for the Company's newly expanded railing. |
businesswire.com |
2024-11-13 19:29:00 |
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Trex CEO: Rate cuts are positive for repair and remodel companies |
Housing costs are a key issue for many, with recent data from the National Association of Realtors (NAR) data showing that the market share of first-time homebuyers reached a historic low while the age and income of those who are buying homes rose. Trex (TREX) CEO Bryan Fairbanks sits down with Market Domination Overtime Hosts Julie Hyman and Josh Lipton to check in on how the housing market dynamics affect the renovation space and companies like the composite materials manufacturer. |
youtube.com |
2024-11-05 13:52:15 |
Czytaj oryginał (ang.) |
Trex CEO on Q3 earnings beat |
Bryan Fairbanks, Trex CEO, joins CNBC's 'The Exchange' to discuss Trex's third-quarter earnings beat, growth plans, and more. |
youtube.com |
2024-11-04 16:16:44 |
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Trex Company Announces November & December 2024 Investor Conference Schedule |
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. |
businesswire.com |
2024-11-04 11:19:00 |
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Trex Company: The Bottom Is In (Rating Upgrade) |
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. |
seekingalpha.com |
2024-11-04 01:25:57 |
Czytaj oryginał (ang.) |
Zacks Industry Outlook Trex, Louisiana-Pacific and JELD-WEN |
Trex, Louisiana-Pacific and JELD-WEN have been highlighted in this Industry Outlook article. |
zacks.com |
2024-10-30 08:30:28 |
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3 Wood Stocks to Navigate Challenging Industry Landscape |
More infrastructure spending, a focus on product innovation and efficient cost management are encouraging for the Zacks Building Products - Wood industry players like TREX, LPX and JELD despite a challenging macroeconomic backdrop. |
zacks.com |
2024-10-29 13:35:17 |
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Trex Company, Inc. (TREX) Q3 2024 Earnings Call Transcript |
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. |
seekingalpha.com |
2024-10-29 08:41:12 |
Czytaj oryginał (ang.) |
Trex (TREX) Surpasses Q3 Earnings and Revenue Estimates |
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. |
zacks.com |
2024-10-28 20:16:16 |
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Trex Company Reports Third Quarter 2024 Results |
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. |
businesswire.com |
2024-10-28 18:05:00 |
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Trex Fortifies Its Position as the #1 Brand of Decking And Residential Railing With Its Most Extensive Line-Up of New Products to Date |
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. |
businesswire.com |
2024-10-22 13:00:00 |
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Analysts Estimate Trex (TREX) to Report a Decline in Earnings: What to Look Out for |
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. |
zacks.com |
2024-10-21 15:05:29 |
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