Trex (TREX) Tops Q2 EPS by 8c

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Go back to Trex (TREX) Tops Q2 EPS by 8c

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