Trex (TREX) Tops Q1 EPS by 13c

Go back to Trex (TREX) Tops Q1 EPS by 13c

Trex Company Reports First Quarter 2016 Results

May 10, 2016 7:00 AM EDT

-- Net Sales Increased 9% to $132 Million

-- Gross Margin was 43.8%, a 390 basis point improvement

-- Net Income up 33% to $23.4 Million; Diluted EPS was $0.78, up 42% year-on-year

-Trex Swept 2016 Brand Use Survey for Second Consecutive Year-

WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE: TREX), the worlds number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, today reported financial results for the first quarter ended March 31, 2016.

First Quarter 2016 Results

Net sales for the first quarter of 2016 were $132... More