Trex (TREX) Reports In-Line Q2 EPS, Offers Outlook
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Trex Company Reports Strong Results in Second Quarter
August 2, 2021 4:05 PM EDT
Residential Revenues Grew 43% Reflecting Continued Broad-Based Demand
Additional Decking Lines to Further Boost Recently Expanded Capacity
40% Revenue Growth at Mid-point of Guidance Expected in Third Quarter 2021
Second Quarter 2021 Highlights
- Consolidated net sales increased 41% to $312 million
- Diluted earnings per share of $0.53, up 29%
- EBITDA increased 36% to $92 million; EBITDA margin of 29.4%
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE: TREX), the worlds #1 brand of composite decking and railing and leader in high-performance, low-maintenance and eco-friendly outdoor living products and a leading national provider of custom-engineered... More
