StockWatch
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Forest Products
PartnershipJul 13, 2026, 04:12 PM

Trex Upgrades Distribution Network, Raises Full-Year Guidance

AI Summary

Trex Company announced a significant upgrade to its North American distribution network, entering a National Distribution Agreement with U.S. Lumber Group (now Specialty Building Products or SBP). SBP will become Trex's sole and exclusive national distributor for decking, railing, and other products in the U.S. and Canada starting January 1, 2027. Concurrently, Trex terminated its distribution relationship with Boise Cascade Company. The company also reported preliminary Q2 2026 net sales of approximately $418 million and Adjusted EBITDA of $112 million, both exceeding prior guidance, and subsequently raised its full-year 2026 guidance for net sales and Adjusted EBITDA.

Key Highlights

  • Trex entered a National Distribution Agreement with U.S. Lumber Group (SBP) for US and Canada.
  • SBP will become the sole and exclusive national distributor for Trex products effective January 1, 2027.
  • Trex terminated its commercial distribution relationship with Boise Cascade Company effective August 12, 2026.
  • Preliminary Q2 2026 net sales are approximately $418 million, exceeding guidance.
  • Preliminary Q2 2026 Adjusted EBITDA is approximately $112 million.
  • Full-year 2026 net sales guidance raised to $1.215 billion - $1.250 billion.
  • Full-year 2026 Adjusted EBITDA guidance raised to $335 million - $350 million.