Wedbush Cuts Price Target on Trex (TREX) Following 2Q Results
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Trex Company Continues Record-Setting Year
August 3, 2015 7:30 AM EDTQ2 2015 Net Sales Increase 13% to $137 Million EPS Rises 26% to $0.58
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE: TREX), the worlds largest manufacturer of wood-alternative decking and railing products, today announced financial results for the second quarter ended June 30, 2015.
Net sales for the second quarter of 2015 totaled $136.8 million, a 13% increase compared to net sales of $121.3 million for the 2014 period. The Company reported net income of $18.7 million, or $0.58 per diluted share, for the second quarter of 2015 compared to net... More
