secwatch.observer — SEC 8-K summary
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Issuer:     TREX CO INC (TREX)
CIK:        0001069878
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001157523-22-001440
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069878/000115752322001440/0001157523-22-001440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069878/000115752322001440/a52956241.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001440

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