Trex (TREX) Tops Q2 EPS by 16c, Offers Guidance, Plans 2-for-1 Split
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Trex Company Reports Second Quarter 2020 Results
August 3, 2020 4:01 PM EDTContinued Broad-Based Demand for Trex Residential Decking and Railing Products
Substantial Operating Leverage Driven by Expanded Gross Margin and Lower SG&A
Double-Digit Year-over-Year Sales Growth Expected for Third Quarter
Company Announces 2-for-1 Stock Split Effective September 14, 2020
Second Quarter Highlights
Consolidated net sales increased 7% to $221 million Consolidated gross margin of 41.9%, up 150 basis points EBITDA margin of 30.6%, up 580 basis points Consolidated earnings per diluted share of $0.81, up 33%WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc.... More
