Welcome to our dedicated page for Trex Company news (Ticker: TREX), a resource for investors and traders seeking the latest updates and insights on Trex Company stock.
Trex Company, Inc. (NYSE: TREX) is the world's largest manufacturer of high-performance wood-alternative decking and railing. Headquartered in Winchester, Virginia, Trex specializes in creating sustainable, low-maintenance outdoor living products that combine superior durability and aesthetics. For over 30 years, Trex has been defining and reinventing the composite decking category.
Trex's product portfolio includes a wide variety of decking and railing options, along with LED deck and landscape lighting, stylish pergolas, outdoor furniture and storage solutions, innovative steel deck framing, and advanced drainage systems. These products are designed to help homeowners create their dream outdoor living spaces.
The company operates primarily under the Trex Residential segment, focusing on the manufacturing of wooden alternative decking products. Trex distributes its products through wholesale distributors and retail lumber dealers, who then sell to homeowners and professional contractors, remodelers, and homebuilders. This strategy has enabled Trex to build the industry's strongest distribution network, with products available in over 6,700 retail outlets across six continents.
Recent achievements highlight Trex's commitment to innovation and sustainability. The company was named America’s Most Trusted® Outdoor Decking brand for four consecutive years (2021-2024) and was listed among America's Most Responsible Companies 2024 by Newsweek. Investor’s Business Daily also recognized Trex as one of the 100 Best ESG Companies for 2023.
Trex continues to expand its market through strategic licensing agreements. Notable recent developments include the introduction of Trex Seal Sub-Ledger Tape, an innovative moisture barrier designed to protect deck ledger boards from water damage, and the addition of Paragon Stairs as the exclusive supplier for the Trex® Spiral Stairs collection. These collaborations aim to enhance the durability and longevity of outdoor decking solutions while providing stylish and functional design options.
With a strong focus on sustainability, Trex products are made from 95% recycled materials, including reclaimed wood and plastic film. This environmentally responsible approach helps the company reduce waste and conserve natural resources.
For more information, visit Trex.com or follow Trex on social media platforms like Facebook, Instagram, Twitter, LinkedIn, TikTok, Pinterest, and Houzz. You can also view product and demonstration videos on Trex's YouTube channel.
Trex Company (NYSE:TREX), leader in eco-friendly outdoor living products, announced its participation in two upcoming virtual investor conferences. The William Blair's 41st Annual Growth Stock Conference will be held on June 2, with CEO Bryan Fairbanks presenting at 9:40 AM EDT. The UBS Global Industrials and Transportation Virtual Conference is set for June 8, featuring CFO Dennis Schemm in a fireside chat at 3:00 PM EDT. Management will also conduct one-on-one investor meetings, and the investor presentation is accessible on the company’s Investor Relations page.
Trex Company (NYSE:TREX), a leader in eco-friendly outdoor living products, announced its participation in two upcoming investor conferences. The Berenberg Conference is set for May 18, 2021, featuring a fireside chat with CEO Bryan Fairbanks at 3:00 PM EDT. The next day, May 19, 2021, Trex will present at the J.P. Morgan Homebuilding & Building Products Conference, with CFO Dennis Schemm speaking at 1:15 PM EDT. Trex continues to showcase its growth, being recognized in Fortune and Forbes for its performance and sustainability efforts.
Trex Company (NYSE:TREX) reported strong Q1 2021 results, with net sales of $246 million, a 23% increase year-over-year. Residential Products sales surged 25% to $233 million. Gross margin stood at 39%, affected by start-up costs and inflation. Net income rose 14% to $49 million, or $0.42 per diluted share. The company expects Q2 sales between $295 million to $305 million, reflecting 36% growth. Innovative initiatives like the NexTrex Packaging Label underscore Trex's commitment to sustainability, alongside recent industry accolades.
Trex Commercial Products has achieved recognition from the American Institute of Steel Construction (AISC) for its innovative architectural railings at the Dickies Arena in Ft. Worth, Texas. This facility, which spans 750,000 square feet, was one of only ten projects awarded the 2021 Innovative Design in Engineering and Architecture with Structural Steel (IDEAS2) Award. The railings enhance accessibility and safety while reflecting a unique design synergy with the venue’s aesthetics, showcasing Trex's engineering capabilities.
Trex Company, Inc. (NYSE:TREX) will release its first quarter 2021 earnings on May 10, 2021, after the U.S. market closes. A conference call hosted by senior management is scheduled for the same day at 5:00 PM EDT, featuring prepared remarks followed by a Q&A session. Participants can join via phone or listen to a live webcast through the Investor Relations section of Trex's website. Trex is recognized as a leading manufacturer of eco-friendly outdoor living products, with more than 6,700 retail locations worldwide.
Trex, the leading outdoor living brand, has been recognized for the 14th consecutive year in Builder magazine’s annual Brand Use Study. The study reveals that Trex leads the decking and railing categories, showcasing strong brand familiarity among builders. Notably, 89% of respondents are familiar with Trex decking, with 69% having used it recently. In the railings category, Trex also excels, being favored by 65% of respondents. The results reflect Trex's commitment to product innovation and reliability, reinforcing its top position in the market.
Trex, the largest manufacturer of wood-alternative decking, has been recognized by Green Builder Media with three significant awards for its commitment to sustainability. For the 11th consecutive year, Trex has been named the 'greenest' decking by Green Builder magazine. Additionally, it achieved the highest score in the Green Builder Media Brand Index. Trex's eco-friendly approach includes using 95% recycled materials and a proprietary manufacturing process that minimizes environmental impact. Notably, Trex Signature Railing was also featured among the 'Hot 50 Products' for 2021.
Trex Company, known for its wood-alternative decking, is prominently featured in the HGTV Smart Home 2021, showcasing its eco-friendly and low-maintenance outdoor living solutions. The luxurious home in Naples, Florida, highlights Trex's innovative products, including sleek decking that resembles wood but requires less upkeep. Manufactured from 95% recycled materials, Trex products are designed to last without fading or splintering. The partnership with HGTV emphasizes Trex's commitment to sustainability and its reputation as a leader in outdoor living enhancements.
Trex Company has announced a free packaging labeling initiative to promote the recyclability of products into its Trex composite decking made from over 95% recycled materials. The NexTrex label aims to inform consumers about responsible disposal practices and enhance sustainability efforts. Participating brands must have their packaging tested for recyclability, ensuring it meets Trex's standards. Each year, Trex diverts over 450 million pounds of polyethylene plastic from landfills, collaborating with retailers to facilitate recycling through convenient drop-off programs.
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