Trex (TREX) Tops Q4 EPS by 7c
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Trex Company Reports Fourth Quarter and Full Year 2018 Results
February 14, 2019 4:01 PM EST-- Strong Fourth Quarter Results Drive another Year of Record Sales and Earnings for Trex --
-- Current Demand Trends Set the Stage for Continued Growth in 2019 --
Fourth Quarter Highlights
Consolidated net sales increased 15% to $140 million Consolidated gross margin expanded 110 basis points to 42.8% Consolidated earnings increased 39% to $0.43 per shareFull Year 2018 Highlights
Consolidated sales up 21% to $684 million; Residential sales up 13% Residential Products gross margin expanded to 45.6%... More