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

Issuer:     TREX CO INC (TREX)
CIK:        0001069878
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001193125-26-066985
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trex Q4 sales $161M, adjusted EPS $0.04; FY25 adj EBITDA $336M; guides FY26 revenue $1.185-1.230B
--------------------------------------------------------------------------------

- Q4 net sales $161M (down 4% YoY); GAAP EPS $0.02, adjusted EPS $0.04; adjusted EBITDA $22M.
- Full year 2025 net sales $1.2B (+2% YoY); net income $190M ($1.78 EPS); adjusted net income $202M ($1.88 EPS).
- FY25 adjusted EBITDA $336M; gross margin 39.2% vs 43.6% prior year; impacted by $6M warranty charge and growth investments.
- FY26 guidance: revenue $1.185B-$1.230B, adjusted EBITDA $315M-$340M; home center stocking locations increased.
- Repurchased $50M of stock in Q4; Board authorized $150M buyback for 1H 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069878/000119312526066985/0001193125-26-066985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069878/000119312526066985/trex-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-066985

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