TREX Stock Recent News

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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.

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.

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.

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.

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 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.

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

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.

Trex Company, Inc. (TREX) Q2 2024 Earnings Call Transcript