earnings
confidence high
sentiment positive
materiality 0.75
Trex Q2 revenue $418M (+8% YoY); reaffirms raised FY guidance; accelerates Arkansas expansion
TREX CO INC
- Net sales $418M (+8% YoY); net income $62M ($0.60 EPS); adjusted EPS $0.62 (incl. $0.03 write-down).
- Adjusted EBITDA $112M vs $122M prior year; free cash flow $182M.
- Board approved $150M additional share repurchase; repurchased $51M in Q2.
- Accelerating Arkansas decking production ramp-up to Q3 2026, six months earlier than planned.
- Reaffirming FY2026 guidance: revenue $1.215B-$1.25B, adj. EBITDA $335M-$350M; Q3 revenue guidance $305M-$320M.