Trex (TREX) Tops Q4 EPS by 2c
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Trex Company Announces Fourth Quarter and Calendar Year 2016 Results
February 21, 2017 7:00 AM ESTRecord Revenues and Net Income Achieved for the Year
2017 Results Expected to Benefit from Continued Market Share Gains and Favorable Gross Margin Impacts
Fourth Quarter Highlights
Net sales increased 7% to $95 million Gross margin expanded 420 bps to 40% EPS was $0.43, up 65%Calendar Year 2016 Highlights
Net sales increased 9% to $480 million Gross margin was 39%, up 390 bps EPS increased 51% Operating cash flow totaled $85 million, a 36% year-on-year... More