---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-22-001440"
form_type: "8-K"
ticker: "TREX"
cik: "0001069878"
company_name: "TREX CO INC"
filed_at: "2022-10-31T23:59:59+00:00"
generated_at: "2026-06-22T21:17:24.577847+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Trex Q3 net sales $188M, down 44% YoY; EPS $0.13 vs $0.64; reaffirms Q4 guidance

## Summary
- Q3 net sales $188M vs $336M YoY; net income $14M ($0.13 EPS) vs $74M ($0.64).
- Gross margin fell to 24.5% from 38.2% due to distribution inventory drawdown and reduced production.
- Repurchased 1.7M shares for $100M; remaining buyback authority 2.6M shares.
- Reaffirms Q4 net sales guidance of $180M-$190M and full-year EBITDA margin 27%-29%.

## SEC filing metadata
- accession: 0001157523-22-001440
- form_type: 8-K
- ticker: TREX
- cik: 0001069878
- company_name: TREX CO INC
- filed_at: 2022-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069878/000115752322001440/0001157523-22-001440-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069878/000115752322001440/a52956241.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-22-001440
- JSON: https://secwatch.observer/filing/0001157523-22-001440.json
- Plain text: https://secwatch.observer/filing/0001157523-22-001440.txt

## Key facts
- Earnings Releases
  TREX CO INC reported third quarter 2022 results: revenue $188 million, net income $15 million, EPS $0.14 per diluted share. Guidance reaffirmed.
  - Period: third quarter 2022
  - Revenue: $188 million
  - Net income: $15 million
  - EPS: $0.14 per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Third Quarter 2022 Highlights Consolidated net sales of $188 million Net income of $15 million; diluted earnings per share of $0.14, excluding severance charges
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069878/000115752322001440/0001157523-22-001440-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.