secwatch.observer — SEC 8-K summary
======================================

Issuer:     TREX CO INC (TREX)
CIK:        0001069878
Form:       8-K
Filed at:   2023-02-27T23:59:59+00:00
Accession:  0001157523-23-000365
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trex Q4 net sales $192M, adj. EPS $0.23; FY22 net sales $1.1B; guides Q1 $230-240M
--------------------------------------------------------------------------------

- Q4 net sales $192M (down from $304M YoY); net income $10M ($0.09 diluted EPS).
- Adjusted Q4 EPS $0.23, adjusted EBITDA $46M (24.1% margin).
- Full year net sales $1.1B (down from $1.2B); net income $185M ($1.65 diluted EPS).
- Completed sale of Trex Commercial Products on Dec 30, 2022; returned $395M via share repurchases in 2022.
- Guides Q1 2023 net sales $230-240M; FY23 EBITDA margin 26-27%; capex $130-140M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069878/000115752323000365/0001157523-23-000365-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069878/000115752323000365/a53350615.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000365

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer