Trex (TREX) Tops Q3 EPS by 7c

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Go back to Trex (TREX) Tops Q3 EPS by 7c

Trex Company Reports Third Quarter 2023 Results

October 30, 2023 4:05 PM EDT

Resilient Consumer Demand Drives Robust Sales Growth

Improved Volume and Cost Out Program Generated Strong Profit Growth

Raising Full Year 2023 Revenue and Adjusted EBITDA Guidance

WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE: TREX), the worlds #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a leader in outdoor living products, today reported third quarter 2023 results.

Third Quarter 2023 Highlights

Net sales of $304 million Gross margin of 43.1%; 41.8%... More