Quarterly ResultAug 4, 2026, 04:25 PM
Trex Q2 Net Sales +7.8% to $418M; Net Income -18.5% to $61.9M
AI Summary
Trex reported Q2 2026 net sales of $418.0 million, an increase of 7.8% year-over-year. However, net income for the quarter decreased by 18.5% to $61.9 million, with diluted EPS falling to $0.60. For the first six months of 2026, net sales rose 4.6% to $761.4 million, while net income declined 9.6% to $123.3 million. The company also authorized an additional 10 million shares for its stock repurchase program and amended its credit agreement to increase revolving loans to $700 million.
Key Highlights
- Q2 2026 net sales increased 7.8% to $418.0 million.
- Q2 2026 net income decreased 18.5% to $61.9 million.
- Q2 2026 diluted EPS was $0.60, down from $0.71 in Q2 2025.
- H1 2026 net sales increased 4.6% to $761.4 million.
- H1 2026 net income decreased 9.6% to $123.3 million.
- Board authorized an additional 10 million shares for stock repurchase program.
- Amended credit agreement increased revolving loans to $700 million.
- Repurchased 3.9 million shares of common stock during H1 2026.
Price Impact
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