Trex Q2 2026 sales rise 8% to $418M, but profit falls; full-year guidance reaffirmed
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
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