Trex Company Reports Third Quarter 2019 Results
Trex Company, Inc. (TREX)
Last trex company, inc. earnings: 2/24 04:15 pm
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US:NYSE Investor Relations:
trex.com/our-company/investor-relations
Company Research
Source: Business Wire
-- Strong Demand Led to a 24% Increase in Trex Residential Product Sales ---- Higher Sales and Continued Sequential Gross Margin Expansion Drove Significant Operating Leverage ---- Double-Digit Year-on-Year Sales Growth Expected for Fourth Quarter --Third Quarter HighlightsConsolidated net sales were $195 million, an increase of 17%Consolidated gross margin of 42.4%, up 200 basis pointsConsolidated earnings per share of $0.72 per share, up 44% WINCHESTER, Va.--(BUSINESS WIRE)--Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered railing systems, today reported financial results for the third quarter ended September 30, 2019.Third Quarter 2019 ResultsConsolidated net sales for the third quarter of 2019 were $195 million, 17% ahead of the comparable period in 2018. Trex Residential Products net sales increased 24% to $183 million
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TREX
News
- Trex Decking and Railing Earn Rave Reviews from Building and Design Experts [Yahoo! Finance]Yahoo! Finance
- Trex Decking and Railing Earn Rave Reviews from Building and Design ExpertsBusiness Wire
- Composite Decking Market to Grow by USD 2.82 Billion (2024-2028), Driven by Construction Industry Revival, with AI Driving Market Transformation - Technavio [Yahoo! Finance]Yahoo! Finance
- Trex Company Welcomes New Chief Information Officer to Leadership TeamBusiness Wire
- Trex Company's Exclusivity Strategy Drives Shifts in the Distribution Landscape [Yahoo! Finance]Yahoo! Finance
TREX
Earnings
- 10/28/24 - Beat
TREX
Sec Filings
- 11/21/24 - Form 8-K/A
- 11/15/24 - Form SCHEDULE
- 10/28/24 - Form 10-Q
- TREX's page on the SEC website