MARKET COMPOSITE
TREX - TREX Co., Inc.7:59:58 PM 4/25/2024
Price
$89.39
+ 0.19 (0.21%)
Trex Company, Inc., also known as Trex or Trex Decking, is a major manufacturer of wood-alternative decking, railings and other outdoor items made from recycled materials. It has been a publicly traded company since 1999 and trades on the New York Stock Exchange under the ticker symbol “TREX”. The company was founded in 1996 and is headquartered in Winchester, Virginia. With manufacturing facilities in Fernley, Nevada and Winchester, Virginia, the company’s products are sold in more than 40 countries. Trex products are carried by approximately 6,700 retail locations worldwide. According to public documents,Trex is the world’s largest manufacturer of wood-alternative decking and railing, with approximate 2018 annual revenues reported of $684 million, annual operating income of $176.7 million, net income of $134.6 million and total assets of $465.1 million. Bryan H. Fairbanks was named president and CEO of Trex effective April 29, 2020. Former president and CEO , James E. Cline, has assumed the position of Chairman of the Board. Dennis C. Schemm was named vice president and CFO and Ronald W. Kaplan is now vice chairman effective April 29, 2020. Other key executives of Trex Decking include; S. Leslie Adkins, vice president of marketing; Barry L. Creek, vice president of manufacturing; Christopher P. Gerhard, vice president of sales; William R. Gupp, senior vice president of general counsel and secretary; Zachary C. Lauer, vice president of supply chain; Jacob T. Rudolph, vice president of human resources; Adam Zambanini, president of Trex residential products.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue195.7MM-36%
Gross Profit70.6MM-46%
Cost Of Revenue125.1MM-28%
Operating Income28.1MM-67%
Operating Expenses42.5MM-
Net Income22MM-66%
G&A42.5MM-5%
Stock Chart

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Stock news

    Trex (TREX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

    WINCHESTER, Va., April 18, 2024--Trex Company, Inc. [NYSE:TREX], the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leader in outdoor living products, will issue its first quarter 2024 earnings release on Thursday, May 9, 2024, after the close of the U.S. market.

    Trex Company (NYSE:TREX) has had a great run on the share market with its stock up by a significant 12% over the last...

    Composite Decking Leader Honored by Green Building Community for 14th Consecutive Year Trex Named Most Sustainable Decking Brand Composite Decking Leader Honored by Green Building Community for 14th Consecutive Year. WINCHESTER, Va., April 08, 2024 (GLOBE NEWSWIRE) -- For the 14th year in a row, Trex Company [NYSE:TREX], the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, has been named Green Builder

    WINCHESTER, Va., April 03, 2024--For the past four years, Trex Company [NYSE:TREX] and REI Co-op have partnered to divert plastic film waste collected at the specialty outdoor retailer’s stores and fulfillment centers for use in the making of Trex’s eco-friendly, long-lasting and beautiful composite decking. When it came time for REI to expand its Signature Camp near Bryce Canyon National Park in Utah, it was only natural that the brands work together to highlight the full-circle efforts at REI’

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...

    With the spring homebuying season around the corner, and mortgage rates rising after a two-week decline, investors may be wondering where a good entry point would be to add homebuilder stocks to their portfolios. UBS US Homebuilders & Building Products Equity Research Analyst John Lovallo joins Yahoo Finance to discuss the housing market and what investors should keep an eye on when considering some of the top homebuilding stocks. Lovallo affirms: "KB (KBH) and Lennar (LEN) are two homebuilders ...

    Wasatch Global Investors, an investment management firm, released its “Wasatch Core Growth Fund” fourth quarter 2023 investor letter. The same can be downloaded here. The market witnessed an escalation of the trend in which the robust operating results of high-quality companies were mirrored in the stock prices during the fourth quarter of 2023. In the fourth […]

    WINCHESTER, Va., March 12, 2024--Trex Company [NYSE: TREX] was recognized as a winner in Good Housekeeping’s 2024 Sustainable Innovation Awards for its innovative Trex Transcend® Lineage™ decking. The full list of awards can be found on https://www.goodhousekeeping.com/institute/a46106345/sustainable-innovation-awards-2024/.

    Mortgage rates are beginning to climb back to 7% percent, pushing many prospective home buyers off the market. With warmer weather approaching and homeowners staying put, home renovations may see a surge in demand. Bryan Fairbanks, CEO of composite decking manufacturer Trex (TREX), joins Yahoo Finance to discuss how the company figures into the current housing market. Though Fairbanks states that most of Trex's business is tied to repair and remodeling within existing builds, Fairbanks signals h...