Quarterly ResultAug 4, 2026, 06:36 AM
Trex Reports Record Q2 Revenue $418M; Approves $150M Buyback
AI Summary
Trex Company, Inc. announced record net sales of $418 million for the second quarter of 2026, an 8% increase from the prior year, driven by broad-based volume growth. The company reported diluted EPS of $0.60 and adjusted diluted EPS of $0.62. Trex also approved an additional $150 million share buyback and reaffirmed its full-year 2026 guidance, while accelerating its Arkansas facility expansion to meet increased consumer demand and targeting $2 billion in revenue by 2030.
Key Highlights
- Reported record Q2 2026 net sales of $418 million, an 8% increase year-over-year.
- Achieved Q2 2026 diluted earnings per share of $0.60 and adjusted diluted EPS of $0.62.
- Recorded Q2 2026 net income of $62 million and adjusted net income of $63 million.
- Board approved an additional $150 million share buyback program.
- Reaffirmed full-year 2026 net sales guidance of $1.215 billion to $1.25 billion.
- Reaffirmed full-year 2026 adjusted EBITDA guidance of $335 million to $350 million.
- Accelerating Arkansas facility expansion to operate at 50% capacity by year-end 2026.
- Targeting $2 billion in annual revenue by 2030.
Price Impact
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