WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- Trex Company [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners. In a move that brings together two industry leaders dedicated to enhancing outdoor living spaces with innovative, stylish solutions, the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing has tapped Paragon Stairs, the largest producer of spiral stairs in the U.S., to be the exclusive ...

WINCHESTER, Va., June 03, 2024 (GLOBE NEWSWIRE) -- Trex Company [NYSE: TREX] is stepping into outdoor living season with a strategic new addition to its roster of licensed partners. In a move that brings together two industry leaders dedicated to enhancing outdoor living spaces with innovative, stylish solutions, the world’s largest manufacturer of high-performance, low-maintenance composite decking and railing has tapped Paragon Stairs, the largest producer of spiral stairs in the U.S., to be the exclusive ...

财务数据和关键指标变化 - 第一季度销售额为3.74亿美元,较上年同期增长57% [21] - 毛利率为45.4%,较上年同期增加580个基点 [22] - 销售、一般及管理费用占销售额13.5%,较上年同期下降2.2个百分点 [23] - 净利润为8900万美元,每股收益0.82美元,较上年同期翻番 [24] - EBITDA为1.33亿美元,占销售额35.6%,较上年同期大幅提升 [24] 各条业务线数据和关键指标变化 - 公司推出的新高端产品Trex Transcend Lineage和Trex Signature在第一季度实现了双位数的销售增长 [11] - 公司的整体产品组合在第一季度实现了中单位数的销售增长 [12] 各个市场数据和关键指标变化 - 公司在专业渠道和家装中心的销售均保持良好增长 [76][77] - 高端消费者需求强劲,带动了大尺寸和高端产品的销售 [35][36][37] - 低端消费者需求相对疲软,但公司有针对不同收入水平的产品线 [68][69] 公司战略和发展方向及行业竞争 - 公司持续推出新产品,如新型号栏杆和专用螺丝等,以扩大市场份额 [16][17][18] - 公司在回收利用技术和生产效率方面持续投入,以提高成本竞争力 [15] - 公司在营销和品牌建设方面加大投入,以提升品牌影响力 [23] - 公司看好户外生活空间改造市场的长期增长潜力 [12][13][14] - 公司计划在2025年中期开始投产新的塑料加工和生产设施 [126][127] 管理层对经营环境和未来前景的评论 - 管理层对2024年的业务前景保持乐观,预计全年销售增长12% [25][26] - 管理层认为高端消费者需求强劲,是公司业绩表现的重要支撑 [35][36][37] - 管理层表示公司有能力应对成本压力,并有信心持续提升盈利能力 [89][90] - 管理层认为公司有望从户外生活空间改造市场的长期增长中获益 [12][13][14] 问答环节重要的提问和回答 问题1 **Stanley Elliott 提问** 询问公司对全年销售增长和渠道库存的预期 [33] **Bryan Fairbanks 回答** 公司预计全年销售增长中单位数,渠道库存将与去年底水平相当 [34] 问题2 **Tim Wjos 提问** 询问毛利率在全年的变化趋势 [43][44] **Brenda Lovcik 回答** 毛利率在上半年会较高,下半年会有所下降,但全年仍有明显改善 [44][45][46] 问题3 **Rafe Jadrosich 提问** 询问如果下半年销售好于预期,毛利率是否会接近第一季度水平 [60][61] **Brenda Lovcik 回答** 如果下半年销售好于预期,高利用率将继续带动毛利率的提升 [60][61]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14649 Trex Company, Inc. (Exact name of registrant as specified in its charter) Delaware 54-1910453 (State or other juri ...

Exhibit 99.1 NEWS RELEASE TREX COMPANY REPORTS FIRST QUARTER 2024 RESULTS Robust First Quarter Sales Reflect Double-Digit Sell-Through for Premium Products and Early Buy Program Gross Margin Expansion Driven by Higher Utilization and Cost Efficiencies Guiding to Second Quarter Revenues of $380 million to $390 million Reaffirms Full Year 2024 Guidance WINCHESTER, Va. —May 9, 2024— Trex Company, Inc. (NYSE:TREX) (Trex or Company), the world’s #1 brand of high-performance, low-maintenance and eco-friendly comp ...

Trex Company, Inc. (NYSE:TREX) Q4 2023 Earnings Conference Call February 26, 2024 5:00 AM ET Company Participants Casey Kotary - IR Amy Fernandez - Vice President, General Counsel Bryan Fairbanks - President & CEO Brenda Lovcik - Senior Vice President and Chief Financial Officer Conference Call Participants Rafe Jadrosich - Bank of America Keith Hughes - SunTrust Robinson Humphrey Susan Maklari - Goldman Sachs Ryan Merkel - William Blair Joseph Ahlersmeyer - Deutsche Bank Trey Grooms - Stephens Tim Wojs - B ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-14649 Trex Company, Inc. (Exact name of registrant as specified in its charter) Delaware 54-1910453 (State or other j ...

Exhibit 99.1 NEWS RELEASE TREX COMPANY REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS —Strong Fourth Quarter Sales Cap a Year of Resilient Consumer Demand for Trex Decking & Railing— —Full Year Gross Margin Expanded By 480 Basis Points— —2024 Guidance Anticipates Double-Digit Sales Growth and Further Margin Expansion— WINCHESTER, Va.—February 26, 2024— Trex Company, Inc. (NYSE:TREX) (Trex or Company), the world’s #1 brand of high-performance, low-maintenance and eco-friendly decking and railing and a lea ...

Trex Company, Inc. (NYSE:TREX) Q3 2023 Earnings Conference Call October 30, 2023 5:00 PM ET Company Participants Viktoriia Nakhla - IR Bryan Fairbanks - President & CEO Amy Fernandez - Vice President, General Counsel Brad McDonald - Chief Accounting Officer Kara Strosnider - Director of Financial Planning and Analysis Amy Fernandez - Vice President, General Counsel Brenda Lovcik - Senior Vice President and Chief Financial Officer Conference Call Participants John Lovallo - UBS Susan Maklari - Goldman Sachs ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-14649 Trex Company, Inc. (Exact name of registrant as specified in its charter) Delaware 54-1910453 (State or other ...