Trex (TREX) Tops Q2 EPS by 17c
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Trex Company Reports Second Quarter 2023 Results
July 31, 2023 4:05 PM EDTStronger-Than-Expected Sales Performance Demonstrates Resilient Consumer Demand Production Optimization and Cost-Out Programs Driving Substantial Margin Expansion Raising Full-Year EBITDA Margin Guidance to 28% to 29% Reflecting First Half Performance and Improved Visibility Guiding to Third Quarter 2023 Revenues of $280 million to $290 million; Initiating Full Year 2023 Revenue Guidance of $1.04 billion to $1.06 billion
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE: TREX), the worlds #1 brand of high-performance, low-maintenance and eco-friendly composite decking and railing all proudly manufactured in the U.S.A. and a leader in outdoor living products, today reported... More
