Trex (TREX) Tops Q2 EPS by 8c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil drops $1 as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Trex Company Reports Record Sales and Earnings in Second Quarter 2016
August 1, 2016 4:06 PM EDT--Operating Leverage Continues to Drive Record Profitability--
-- Net Sales Increased 7% to $146 Million, consistent with guidance
-- Gross Margin was 41.9%, a 350 basis point improvement
-- Diluted EPS was $0.79, up 36% year-on-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 second quarter ended June 30, 2016.
Second Quarter 2016 Results
Net sales for the second quarter of 2016 were $146 million, 7%... More
