Trex Q1 net sales $343M, EPS $0.58; initiates $150M buyback, reaffirms FY guidance

TREX CO INC

2026-Q1 EPS reported $0.58 vs consensus $0.52 ▲ beat (+12.2%)

Net sales $343M (+1% YoY), gross margin 40.5%; diluted EPS $0.58 vs $0.56 prior year.
Adjusted EBITDA $103M vs $101M; adjusted diluted EPS $0.59 vs $0.60.
Authorized $150M share repurchase program ($100M ASR + $50M discretionary); board added 10M shares to authorization.
Launched 'Refuge' ignition-resistant PVC decking; five long-term strategic priorities announced.
Reaffirmed FY2026 guidance: net sales $1.185B-1.23B, adj EBITDA $315M-340M; Q2 sales guide $388M-403M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

TREX CO INC reported first quarter of 2026 results: revenue $343 million, net income $61 million, EPS $0.58 per diluted share. Guidance reaffirmed.

Period: first quarter of 2026
Revenue: $343 million
Net income: $61 million
EPS: $0.58 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

TREX COMPANY REPORTS Solid first QUARTER 2026 RESULTS Launches Five Long-Term Strategic Priorities Well Positioned Heading Into Peak Deck-Building Season with Recent Home Center Stocking Wins Executes and Expands Significant Share Repurchase Program Reaffirms Full Year 2026 Guidance First Quarter Financial Highlights • Net sales of $343 million • Gross margin of 40.5% • Net income of $61 million and diluted earnings per share of $0.58 • Adjusted net income of $62 million and adjusted diluted earnings per share of $0.59 • Adjusted EBITDA of $103 million

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Source: SEC EDGAR

accession 0001193125-26-210213

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