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TREX CO (TREX)

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Earnings summaries and quarterly performance for TREX CO.

Research analysts who have asked questions during TREX CO earnings calls.

JL

John Lovallo

UBS Group AG

7 questions for TREX

Also covers: AWI, AZEK, BLDR +14 more
KH

Keith Hughes

Truist Financial Corporation

7 questions for TREX

Also covers: AMRZ, AWI, BLD +21 more
RM

Ryan Merkel

William Blair & Company

7 questions for TREX

Also covers: AAON, AYI, AZEK +15 more
SM

Susan Maklari

Goldman Sachs Group Inc.

7 questions for TREX

Also covers: ALH, AOS, AWI +25 more
MR

Michael Rehaut

JPMorgan Chase & Co.

6 questions for TREX

Also covers: AZEK, BECN, BLD +17 more
Philip Ng

Philip Ng

Jefferies

6 questions for TREX

Also covers: AWI, AZEK, BALL +26 more
Trevor Allinson

Trevor Allinson

Wolfe Research, LLC

6 questions for TREX

Also covers: AMWD, AZEK, BECN +18 more
Trey Grooms

Trey Grooms

Stephens Inc.

6 questions for TREX

Also covers: ACA, AMRZ, AZEK +15 more
KM

Ketan Mamtora

BMO Capital Markets

5 questions for TREX

Also covers: ALH, AZEK, BCC +8 more
Rafe Jadrosich

Rafe Jadrosich

Bank of America

5 questions for TREX

Also covers: AWI, BLD, BLDR +14 more
Steven Ramsey

Steven Ramsey

Thompson Research Group

5 questions for TREX

Also covers: ALTG, AMWD, ASTE +15 more
AB

Adam Baumgarten

Zelman & Associates

4 questions for TREX

Also covers: AMWD, AWI, AZEK +12 more
KY

Kurt Yinger

D.A. Davidson & Co.

4 questions for TREX

Also covers: BCC, BLD, BXC +8 more
Matthew Bouley

Matthew Bouley

Barclays PLC

4 questions for TREX

Also covers: AZEK, BLDR, CNM +18 more
Collin Verron

Collin Verron

Deutsche Bank

3 questions for TREX

Also covers: BLD, BLDR, CNM +7 more
RG

Reuben Garner

Stifel

3 questions for TREX

Also covers: BCC, BECN, BLD +13 more
TW

Timothy Wojs

Robert W. Baird & Co.

3 questions for TREX

Also covers: AAON, ALLE, AMWD +13 more
CV

Colin Verdon

Deutsche Bank

2 questions for TREX

AP

Anthony Pettinari

Citigroup Inc.

1 question for TREX

Also covers: AMBP, AMCR, AVY +26 more
AS

Asher Sohnen

Citigroup Inc.

1 question for TREX

Also covers: CNM, EXP, FOR +2 more
Margaret Grady

Margaret Grady

Jefferies

1 question for TREX

Also covers: BLD, IBP
Matthew Bouley

Matthew Bouley

Barclays

1 question for TREX

Also covers: CNM, DHI, FBIN +10 more

Recent press releases and 8-K filings for TREX.

Trex Reports Q4 and Full Year 2025 Results, Announces CEO Transition, and Provides 2026 Outlook
TREX
Earnings
CEO Change
Share Buyback
  • Trex reported Q4 2025 net sales of $161 million, a 4% decrease year-over-year, and full-year 2025 net sales of $1.17 billion, a 2% increase compared to 2024.
  • Bryan H. Fairbanks will retire as President and CEO in late April 2026, with Adam Zambonini named as his successor.
  • For full-year 2026, Trex anticipates net sales ranging from $1.185 billion to $1.23 billion and Adjusted EBITDA between $315 million and $340 million.
  • The Board authorized a $150 million share repurchase program to be completed in the first half of 2026, following $50 million returned to shareholders in 2025 through repurchases.
  • In Q4 2025, Trex changed its inventory accounting method from LIFO to FIFO and adjusted its warranty reserve estimate, resulting in a $6 million expense.
3 days ago
TREX CO Reports Q4 and Full Year 2025 Results, Announces CEO Transition, and Provides 2026 Outlook
TREX
Earnings
CEO Change
Guidance Update
  • Trex reported Q4 2025 net sales of $161 million, a 4% decrease year-over-year, and full-year 2025 net sales of $1.17 billion, a 2% increase from 2024.
  • The company provided 2026 net sales guidance of $1.185 billion to $1.23 billion and adjusted EBITDA guidance of $315 million to $340 million.
  • Bryan H. Fairbanks will retire as President and CEO in late April 2026, with Adam Zambonini appointed as his successor.
  • Trex authorized a $150 million share repurchase program for the first half of 2026, with plans for additional opportunistic buybacks throughout the year.
  • The company achieved robust double-digit growth in railing in 2025 and launched new Trex Refuge decking in January 2026, an ignition-resistant PVC decking line.
3 days ago
Trex Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance, and Announces CEO Transition
TREX
Earnings
Guidance Update
CEO Change
  • For Q4 2025, Trex reported net sales of $161 million, a 4% decrease year-over-year, with diluted earnings per share of $0.02. Full year 2025 net sales increased by 2% to $1.17 billion, and diluted earnings per share was $1.78.
  • Trex announced that Adam Zambonini will be named as the next President and CEO, following the current CEO's retirement in late April.
  • For full year 2026, Trex expects net sales to be in the range of $1.185 billion to $1.23 billion and adjusted EBITDA between $315 million and $340 million. The company anticipates continued double-digit growth in railing.
  • The Board of Directors authorized a $150 million share repurchase program to be completed in the first half of 2026, following $50 million returned to shareholders in 2025. Trex also changed its inventory accounting method from LIFO to FIFO in Q4 2025 and adjusted its warranty reserve estimate, resulting in a $6 million expense in the fourth quarter.
3 days ago
Trex Company Reports Q4 and Full Year 2025 Results, Provides 2026 Guidance, and Authorizes Share Buyback
TREX
Earnings
Guidance Update
Share Buyback
  • Trex Company reported Q4 2025 net sales of $161 million and full year 2025 net sales of $1.2 billion, with adjusted diluted earnings per share of $0.04 for Q4 and $1.88 for the full year ended December 31, 2025.
  • The company provided 2026 guidance, anticipating revenue between $1.185 billion and $1.230 billion and adjusted EBITDA between $315 million and $340 million.
  • Trex repurchased $50 million of common stock in Q4 2025 and the Board authorized a new $150 million share repurchase program for the first half of 2026.
  • New products accounted for 24% of full year 2025 sales, and railing sales saw significant double-digit growth, with further double-digit growth projected for 2026.
  • During Q4 2025, the company changed its accounting method from LIFO to FIFO, retrospectively applying the effects to all periods presented.
3 days ago
Trex Company Reports Q4 and Full Year 2025 Results
TREX
Earnings
Guidance Update
Share Buyback
  • Trex Company reported net sales of $161 million and diluted EPS of $0.02 for Q4 2025, with full year 2025 net sales reaching $1.2 billion and diluted EPS of $1.78.
  • For 2026, Trex provides guidance anticipating revenue between $1.185 billion and $1.230 billion and Adjusted EBITDA of $315 million to $340 million.
  • The company repurchased $50 million of common stock in Q4 2025 and its Board authorized a new $150 million share buyback program for the first half of 2026.
  • New products accounted for 24% of full year 2025 sales, and Trex expects continued double-digit growth in railing sales in 2026.
3 days ago
Trex Company Under Investigation for Sales Practices and Inventory Disclosures
TREX
Legal Proceedings
Guidance Update
Demand Weakening
  • Hagens Berman is investigating Trex Company, Inc. (NYSE: TREX) for potential U.S. securities law violations, focusing on whether the company artificially inflated sales by overstocking "pro channel" partners and concealed excess inventory.
  • The investigation questions Trex's "level-loading" production strategy, which was presented to investors as a way to reduce inventory volatility, but may have masked a decline in end-user demand.
  • On November 4, 2025, Trex reported Q3 2025 net sales of $285 million, which was 5% below its guidance, and subsequently revised its FY 2025 sales growth guidance down to approximately 0% from an earlier 5-7% projection.
  • Following these disclosures, Trex's stock price dropped 31% on November 5, 2025, resulting in an estimated $1.5 billion loss in market capitalization.
Jan 22, 2026, 8:52 PM
Trex Company Under Investigation for Inventory Disclosures
TREX
Legal Proceedings
Guidance Update
Demand Weakening
  • Hagens Berman is investigating Trex Company, Inc. (NYSE: TREX) for potential violations of U.S. securities laws, focusing on whether the company engaged in undisclosed sales practices and artificially inflated sales figures by overstocking its "pro channel" partners.
  • The investigation stems from Trex's November 4, 2025, report of disappointing Q3 2025 net sales of $285 million, which were 5% below the midpoint of its guidance.
  • Trex also revised its 2025 sales growth guidance down to approximately 0% compared to 2024, from an earlier projection of 5% to 7%, explaining that its pro channel partners were expected to lower their inventories.
  • The announcement led to a 31% drop in Trex shares on November 5, 2025, resulting in a loss of approximately $1.5 billion in market capitalization.
Jan 20, 2026, 9:32 PM
Trex Company, Inc. Under Investigation Following Disappointing Q3 2025 Results and Revised Guidance
TREX
Legal Proceedings
Earnings
Guidance Update
  • Bragar Eagel & Squire, P.C. is investigating Trex Company, Inc. for potential violations of federal securities laws and unlawful business practices.
  • Trex reported disappointing Q3 2025 net sales of $285 million, which was 5% below guidance and represented a sequential decline of approximately 26%.
  • For the nine months ended September 30, 2025, Trex also reported a 12% decline in net income per share compared to the prior year.
  • The company revised its FY 2025 sales growth guidance down to roughly 0% from an earlier projection of 5% to 7%, anticipating channel partners to lower inventories through year-end.
  • Following these announcements on November 5, 2025, Trex's share price declined by $14.61 per share, or approximately 31.07%.
Dec 11, 2025, 11:01 PM
Trex Company Reports Disappointing Q3 2025 Results, Revises 2025 Sales Growth Guidance, and Faces Investor Scrutiny
TREX
Earnings
Guidance Update
Legal Proceedings
  • Trex Company, Inc. (TREX) reported disappointing Q3 2025 financial results, with net sales of $285 million which were 5% below the mid-point of its guidance and a 26% sequential decline. The company also saw a 12% decline in net income per share for the nine months ended September 30, 2025, compared to the prior year.
  • Following these results, Trex dramatically reduced its expected FY 2025 sales growth guidance from an earlier 5% to 7% down to roughly 0% compared to 2024, attributing this in part to anticipated inventory reduction by pro channel partners.
  • The news led to Trex's share price cratering as much as $14.88 (-31%) during intraday trading on November 5, 2025.
  • National shareholders rights firm Hagens Berman has initiated an investigation into whether Trex may have misled investors regarding adverse business trends and inventory management, particularly given previous assurances about its inventory strategy.
Nov 7, 2025, 4:49 PM
Trex Company Reports Disappointing Q3 2025 Results and Cuts Full-Year Sales Guidance
TREX
Earnings
Guidance Update
Legal Proceedings
  • Trex Company, Inc. (TREX) reported disappointing Q3 2025 financial results with net sales of $285 million, which came in 5% below the mid-point of its guidance and represented a sequential decline of about 26%.
  • The company also reported a 12% decline in net income per share for the nine months ended September 30, 2025, compared to the prior year periods.
  • Trex revised its 2025 sales growth guidance down to roughly 0% compared to 2024, a significant reduction from its earlier expectation of 5% to 7% growth.
  • Following the news, Trex shares cratered as much as $14.88 (-31%) during intraday trading on November 5, 2025.
  • A national shareholders rights firm, Hagens Berman, has launched an investigation into whether Trex may have misled investors about adverse trends impacting its business and its inventory management practices.
Nov 6, 2025, 6:49 PM