Trex (TREX) Tops Q2 EPS by 16c, Offers Guidance, Plans 2-for-1 Split

Go back to Trex (TREX) Tops Q2 EPS by 16c, Offers Guidance, Plans 2-for-1 Split

Trex Company Reports Second Quarter 2020 Results

August 3, 2020 4:01 PM EDT

Continued 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