Highest-materiality recent filing
Trex Q1 net sales $343M, EPS $0.58; initiates $150M buyback, reaffirms FY guidance
Net sales $343M (+1% YoY), gross margin 40.5%; diluted EPS $0.58 vs $0.56 prior year.
Trex appoints Zachary Lauer as COO, effective April 28, with $493k base salary and 60% cash target
Lauer, formerly SVP Supply Chain & Manufacturing, promoted to COO overseeing manufacturing, supply chain, engineering, and R&D.
Trex enters new $700M credit facility, replacing $550M prior facility, maturing 2031
New $700M revolving credit facility replaces prior $550M facility; term extended to March 26, 2031.
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.
Trex CEO Bryan Fairbanks to retire April 28; Adam Zambanini named successor
Bryan Fairbanks resigns as President/CEO and director effective April 28, 2026; no disagreement with company.
Trex Q3 sales up 22% to $285M; cuts FY2025 guidance to flat; authorizes $50M buyback
Q3 net sales $285M (+22% YoY); GAAP diluted EPS $0.48; adjusted EPS $0.51.
Trex appoints Prithvi Gandhi as SVP & CFO effective Oct 6, 2025
Prithvi Gandhi named SVP & CFO, succeeding effective Oct 6, 2025; will serve as principal financial and accounting officer.
Trex Q2 sales $388M (+3% YoY) beat guidance; FY25 revenue growth 5-7% reaffirmed
Q2 net sales $388M, up 3% YoY; net income $76M ($0.71 diluted EPS); adjusted EPS $0.73.
Trex CFO Brenda Lovcik resigns; CEO Bryan Fairbanks to serve as interim CFO
Brenda Lovcik resigns as CFO to relocate to Minnesota; will remain through Aug 5, 2025.
Trex Q4 sales $168M, down 14%; FY net income up 10%; guides FY25 rev growth ~6%
Q4 net sales $168M (-14.4% YoY); gross margin 32.7% vs 36.1% prior year.
Q3 net sales down 23% to $234M; net income $41M ($0.37 diluted EPS), vs $65M ($0.60) last year.
Trex Q2 net sales $376M (+6% YoY); full-year revenue guidance cut to $1.13-1.15B
Q2 diluted EPS $0.80, up 13% from $0.71; net income $87M.
Trex Q1 net sales $374M (+57% YoY); EPS $0.82; reaffirms FY24 revenue $1.215-1.235B
Gross margin expanded 580 bps to 45.4% on higher utilization and cost efficiencies.
appointed Zachary C. Lauer to serve as the Company’s Senior Vice President, Chief Operations Officer effective immediately.
On August 15, 2024, the Board of Directors (Board) of Trex Company, Inc. (Company) appointed Chris Keffer as a director to fill the vacancy that was reported on Form 8-K on June 7, 2023.
Max materiality 0.85 · Median 0.55 · Most common event earnings