Nov 4, 6:30 AM ET
Trex reported third-quarter 2026 net sales of $360 million, up 26% from $285 million a year earlier, and net income of $52 million, or $0.52 per diluted share, versus $0.48 a year earlier. The company raised its full-year 2026 guidance, including net sales of $1,296 million to $1,306 million and adjusted EBITDA of $355 million to $360 million, though gross margin fell to 36.0% from 40.5%.
- Q3 2026 net sales rose 26.0% to $360 million; the company estimates about $30 million came from initial distribution load-in.
- Q3 net income was $52 million ($0.52 per diluted share) versus $0.48 a year earlier; adjusted diluted EPS was $0.55 versus $0.51.
- Full-year 2026 guidance raised: net sales $1,296 million to $1,306 million and adjusted EBITDA $355 million to $360 million.
- Gross margin was 36.0% versus 40.5% a year earlier, with higher diesel costs, higher depreciation and Arkansas plant startup costs cited.
Read the filing on SEC.gov ↗
Aug 24, 9:00 AM ET
Trex Company named Brian J. Taylor to a newly created Senior Vice President and Chief Commercial Officer role, effective August 24, 2026, overseeing sales, marketing, and information technology. Taylor previously served as Vice President Sales, North America at PoolCorp and spent 24 years at Sherwin-Williams, and the filing lists his compensation package, including a $480,000 base salary.
- Taylor is effective August 24, 2026, and is the company's first Chief Commercial Officer, a newly created role.
- Compensation includes a $480,000 annual base salary, a $100,000 cash signing bonus, and time-based RSUs valued at $450,000 vesting over three years.
- Taylor was Vice President Sales, North America at PoolCorp from March 2025 to August 2026, and held sales and marketing roles at Sherwin-Williams for 24 years.
- Change-in-control and severance agreements are standard company forms, with a 1.5 times salary-and-incentive lump sum under the change-in-control agreement.
Read the filing on SEC.gov ↗
Aug 4, 6:30 AM ET
Trex reported second-quarter 2026 net sales up 8% to $418 million, driven mainly by volume. Net income fell to $62 million, or $0.60 per diluted share, from $76 million, or $0.71, a year earlier, and adjusted EBITDA declined to $112 million from $122 million. The company reaffirmed its raised full-year 2026 guidance and approved up to $150 million in share repurchases for the back half of the year.
- Net sales rose 8% to $418 million from $388 million; gross margin fell to 37.9% from 40.8%.
- Diluted EPS was $0.60 versus $0.71 a year earlier; adjusted diluted EPS was $0.62 versus $0.73.
- Full-year 2026 guidance reaffirmed: net sales of $1.215 billion to $1.250 billion and adjusted EBITDA of $335 million to $350 million.
- Board approved up to $150 million in share repurchases in July for the back half of 2026; third-quarter net sales guidance is $305 million to $320 million.
Read the filing on SEC.gov ↗
May 7, 6:30 AM ET
Trex reported first-quarter 2026 net sales of $343 million, up 1% from $340 million, with GAAP net income of $61 million and diluted EPS of $0.58, compared with $0.56 a year earlier. The company reaffirmed its full-year 2026 guidance and disclosed a $150 million share repurchase program plus a 10 million share increase to its existing buyback authorization, which would bring total potential repurchases to about 13% of shares outstanding at quarter-end.
- Net sales $343 million vs. $340 million; gross margin 40.5%, flat year over year
- GAAP net income $61 million, or $0.58 per diluted share, vs. $0.56; adjusted diluted EPS $0.59 vs. $0.60
- Full-year 2026 guidance reaffirmed: net sales $1.185 billion to $1.230 billion; adjusted EBITDA $315 million to $340 million
- Free cash flow was negative $143 million, a 39% improvement from last year; 2026 capital expenditures guided to $100 million to $120 million
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.