reports
NexTrex Launches National Drop-Off Directory for Plastic Bag and Film ...
NexTrex Launches National Drop-Off Directory for Plastic Bag and Film Recycling User-friendly Online Search Portal Makes Plastic Film Recycling More Accessible with Locations Listed Across All 50 States WINCHESTER, Va., Sept. 18, 2024 (GLOBE NEWSWIRE) -- Amid increasing concern related to plastic bag and film recycling, [NYSE:TREX] is making it easier than ever for Americans to responsibly dispose of plastic film waste. The leading manufacturer of high-performance composite decking and railing is proud to announce the launch of the , the country’s only online searchable platform dedica...
Trex Adds Two New Hues With Enhanced Performance to Trex Enhance® Deck...
WINCHESTER, Va.--(BUSINESS WIRE)-- [NYSE:TREX], the world’s largest manufacturer of wood-alternative decking and railing, and a leader in high-performance, low-maintenance outdoor living products, is expanding performance and aesthetic options for homeowners with the addition of two new colors to the brand’s popular line – both featuring heat-mitigating* technology coupled with affordability. This press release features multimedia. View the full release here: Tide Pool is one of two new colors to join the Trex Enhance® decking collection. (Photo: Business Wire) “Trex Enhance has been a game...
Trex Company Announces September 2024 Investor Conference Schedule
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today announced its participation in the following investor conferences: Goldman Sachs 31st Annual Global Retailing Conference Location: New York, NY Date: Wednesday, September 4th Fireside Chat: 8:15 AM EDT Trex Management: Bryan H. Fairbanks, President and Chief Executive Officer Adam D. Zambanini, Executive Vice President and Chief Operating Officer Jefferies Indus...
NexTrex® Grassroots Movement Proves a Sustainable Success Story
NexTrex® Grassroots Movement Proves a Sustainable Success Story Trex Company Plastic Recycling Initiative Achieves 227% Growth in Just Two Years WINCHESTER, Va., Aug. 21, 2024 (GLOBE NEWSWIRE) -- In a world increasingly focused on sustainability, [NYSE:TREX] is committed to doing its part to tackle America’s growing plastic waste problem. Through the , Trex works together with eco-minded businesses, municipalities, educational institutions and other organizations across the country to responsibly dispose of polyethylene (PE) plastic waste and give it new life as beautiful, durable and ...
Trex Company Reports on Recent Share Repurchases
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today reported on recent repurchases of its common stock. In the third quarter 2024, the Company has repurchased 822,400 shares at an average price of $60.83 per share, for a total of $50 million, as part of the Stock Repurchase Program adopted by its Board of Directors on May 4, 2023. As of August 19, 2024, the Company has 9.7 million shares remaining on its existing repurchase ...
Trex Company Appoints Chris Keffer as New Independent Member of Trex B...
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, announced the appointment of executive Chris Keffer as a new independent member of its Board of Directors, effective August 15, 2024. Mr. Keffer brings 30 years of leadership experience in the power tool industry, serving both the professional and consumer markets. In 2023, he was named President and Chief Executive Officer of STIHL Inc., the U.S. affiliate of the STIHL Group, th...
Trex Company Reports Second Quarter 2024 Results
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today announced financial results for the second quarter of 2024. Second Quarter Financial 2024 Highlights Net sales of $376 million Gross margin of 44.7% Net income of $87 million and diluted earnings per share of $0.80 EBITDA of $130 million and EBITDA margin of 34.6% CEO Comments “Second quarter sales increased at a mid-single-digit rate led by our premium pro...
Trex Introduces New All-In-One Railing Post Kits
Trex Introduces New All-In-One Railing Post Kits Budget-friendly post sleeve, cap and skirt packages make railing selection and installation a breeze WINCHESTER, Va., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Living up to its tagline of engineering what’s next in outdoor living, [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 introduced All-In-One Post Kits for its and Trex Enhance® railing. Designed to simplify the railing purchase and installation process, these budget-fr...
Trex Launches New Trex Signature® X-Series™ Railing
Trex Launches New Trex Signature® X-Series™ Railing Cable and Glass Railing Options Enhance Style and Specification X-ponentially WINCHESTER, Va., July 24, 2024 (GLOBE NEWSWIRE) -- When it comes to deck railings, cable and glass are among the hottest styles with today’s homeowners but also among the most difficult to specify –until now. 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 expanded its popular line with the introduction of and . Now available t...
Trex Company Announces Timing of Second Quarter 2024 Earnings Release ...
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, will issue its second quarter 2024 earnings release on Tuesday, August 6, 2024, after the close of the U.S. market. You are invited to participate in the Company’s conference call hosted by senior management on August 6, 2024, at 5:00 PM ET. Their prepared remarks will be followed by a question-and-answer session. 2Q24 Conference Call Date & Time: Tuesday, August 6, 2024, at ...
- Dave Nicoski
- Ross LaDuke
Vermilion Short Shots: Technically Vulnerable Stocks
Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
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Trex 2023 Sustainability Report Showcases the Company’s Ongoing Progre...
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing, and a leading brand of outdoor living products, today published its 2023 Sustainability Report, “Seeing More Value in Sustainability.” This press release features multimedia. View the full release here: Trex Company, Inc. Headquarters (Photo: Business Wire) Trex 2023 financials demonstrated the strength of the Trex brand, the resilience of its consumer base, and the relevance of its products, underpinned by a 30+ year commitmen...
Trex Taps Paragon Stairs as Exclusive Provider of Trex® Spiral Stairs
Trex Taps Paragon Stairs as Exclusive Provider of Trex® Spiral Stairs Category Leader Joins Robust Trex Outdoor Living Portfolio WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners. In a move that brings together two industry leaders dedicated to enhancing outdoor living spaces with innovative, stylish solutions, the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing has tapped , the largest producer of spiral stairs in the U.S...
Trex Co Inc: 1 director
A director at Trex Co Inc sold 16,440 shares at 90.905USD and the significance rating of the trade was 80/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sho...
Trex Company Reports First Quarter 2024 Results
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX) (Trex or Company), the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leading brand in outdoor living products, today announced financial results for the first quarter of 2024. First Quarter Financial 2024 Highlights Net sales of $374 million Gross margin of 45.4% Net income of $89 million and diluted earnings per share of $0.82 EBITDA of $133 million and EBITDA margin of 35.6% CEO Comments “This was an exceptionally strong quarter for Trex, reflectin...
Trex Company Announces May and June 2024 Investor Conference Schedule
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing and a leading brand in outdoor living products, today announced its participation in the following investor conferences: J.P. Morgan 17th Annual Homebuilding & Building Products Conference Location: New York, NY Date: Tuesday, May 14th Fireside Chat: 2:00 PM EDT Trex Management: Brenda K. Lovcik – Senior Vice President and Chief Financial Officer Adam D. Zambanini – Executive Vice President, Chief ...
Trex Company Announces Timing of First Quarter 2024 Earnings Release a...
WINCHESTER, Va.--(BUSINESS WIRE)-- 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. You are invited to participate in the Company’s conference call hosted by senior management on May 9, 2024, at 5:00 PM ET. Their prepared remarks will be followed by a question-and-answer session. 1Q24 Conference Call Date & Time: Thursday, May 9, 2024, at 5:00 PM ET ...
Trex Named Most Sustainable Decking Brand
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, [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 in the decking category. Trex is the only brand in the building industry to win top honors in its category every year since the program started in 2010. “It is incredibly meaningful and affirming to have ...
Trex and REI Co-op Team Up to Expand Signature Camping Experience near...
WINCHESTER, Va.--(BUSINESS WIRE)-- For the past four years, [NYSE:TREX] and 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 in Utah, it was only natural that the brands work together to highlight the full-circle efforts at REI’s private campsite. Nature lovers can now enjoy the great outdoors from tent set-ups situated on made from Trex composite decking. This press release features multi...
Trex Transcend® Lineage™ Composite Decking Recognized in Good Housekee...
WINCHESTER, Va.--(BUSINESS WIRE)-- [NYSE: TREX] was recognized as a winner in Good Housekeeping’s 2024 Sustainable Innovation Awards for its innovative decking. The full list of awards can be found on . This press release features multimedia. View the full release here: Trex Transcend® Lineage™ (Photo: Business Wire) “We are extremely honored to receive this recognition from Good Housekeeping because it highlights our ongoing commitment to providing homeowners with high-quality, eco-friendly outdoor living products that not only enhance their outdoor living experience but also contribute to...
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