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TREX Co., Inc. - TREX STOCK NEWS

Welcome to our dedicated news page for TREX Co. (Ticker: TREX), a resource for investors and traders seeking the latest updates and insights on TREX Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TREX Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TREX Co.'s position in the market.

News
Trex Company Announces Timing of First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Trex Company, Inc. [NYSE:TREX] will release its first quarter 2024 earnings on May 9, 2024, after the U.S. market closes. The conference call with senior management will take place at 5:00 PM ET on the same day, featuring prepared remarks and a Q&A session. Participants can join the call by dialing 1-844-792-3734 or 1-412-317-5126 (international). A live webcast will be available on the company's website, with an audio replay accessible within 24 hours for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.21%
Tags
earnings
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News
Trex Named Most Sustainable Decking Brand
Rhea-AI Summary
Trex Company (TREX) has been named Green Builder Media’s Sustainable Brand Leader in the decking category for the 14th consecutive year. Trex's commitment to sustainability, using up to 95% recycled materials in its composite decking, showcases its eco-friendly practices. The company has upcycled over five billion pounds of discarded polyethylene film and recycles approximately 99% of water used in production. Trex's eco-conscious approach sets a high standard in the building industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
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News
Trex and REI Co-op Team Up to Expand Signature Camping Experience near Bryce Canyon National Park
Rhea-AI Summary
Trex Company partners with REI Co-op to highlight eco-friendly composite decking at REI Signature Camp near Bryce Canyon National Park. Trex's NexTrex Recycling Program upcycles plastic film waste, showcasing sustainability efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
none
News
Trex Transcend® Lineage™ Composite Decking Recognized in Good Housekeeping’s 2024 Sustainable Innovation Awards
Rhea-AI Summary
Trex Company [NYSE: TREX] wins Good Housekeeping's 2024 Sustainable Innovation Award for its eco-friendly Trex Transcend Lineage decking. Made from 95% recycled materials, the decking offers a cool surface with high durability and aesthetic appeal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.06%
Tags
none
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News
Trex Ranked Among Barron’s 100 Most Sustainable Companies for 2024
Rhea-AI Summary
Trex Company (TREX) debuts at #68 on Barron's list of 100 Most Sustainable Companies for 2024, the only decking brand included. Recognized for environmental responsibility, ethical practices, and community impact, Trex's commitment to sustainability shines through its eco-friendly products made from 95% recycled materials.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
none
-
News
Trex® Tightens Stronghold as a Total Decking Resource With Launch of Comprehensive Fastener Collection
Rhea-AI Summary
Trex Company [NYSE: TREX] launches a comprehensive collection of deck fasteners and accessories, introducing innovative solutions for composite deck installations. The new Trex Hideaway Fastener Collection includes over 120 SKUs, featuring color-matched screws, plugs, bits, and clips. These products are designed to simplify installation, offer a cohesive aesthetic, and are compatible with various decking options. Trex aims to establish itself as a market leader in the decking hardware category with these new offerings, promising improved performance, durability, and ease of use.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.8%
Tags
none
News
Trex Company Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Trex Company, Inc. reported strong fourth-quarter sales, with net sales of $196 million and full-year net sales of $1.1 billion. The fourth quarter gross margin was 36.1%, and the full-year gross margin expanded by 480 basis points to 41.3%. CEO Bryan Fairbanks highlighted the successful launch of new products driving consumer interest and market growth. The company's 2024 guidance anticipates double-digit sales growth and further margin expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
earnings
-
News
Trex Innovation Celebrated With Six New Awards for Product Excellence
Rhea-AI Summary
Trex Company (TREX) continues to lead the industry in composite decking innovation, earning six awards for product excellence and sustainability. Their Trex Transcend® Lineage™ decking and Trex Signature® Decking have been recognized for their aesthetics, performance, and sustainability, solidifying Trex's position as a top player in the outdoor living sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.74%
Tags
none
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News
Trex Company Announces Timing of Fourth Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Trex Company, Inc. will release its fourth quarter 2023 earnings on February 26, 2024, followed by a conference call with senior management. Participants can join the call or access the webcast through the company's website. An audio replay will also be available for those unable to listen to the live broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.66%
Tags
earnings
News
Fight Ledger Failure with New Trex® Seal™ Sub-Ledger Tape
Rhea-AI Summary
Trex Company introduces 22” butyl-based tape for moisture protection behind the ledger board, ensuring the structural integrity of decks over time. The new sub-ledger tape creates a continuous water-tight seal between the ledger board and the house wrap to prevent water infiltration. It is designed for easy application, saving valuable time on the job site and is backed by a 25-year warranty.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
Tags
none
Stock TREX logo
TREX Co., Inc.

NYSE:TREX

TREX Rankings

#808 Ranked by Market Cap
#1144 Ranked by Stock Gains
N/A Ranked by Dividends

TREX Stock Data

9.99B
108.00M
0.69%
98.8%
4.64%
All Other Miscellaneous Wood Product Manufacturing
Manufacturing
Link
US
Burlingame

About TREX

trex company is the world's largest manufacturer of high-performance wood-alternative decking and railing. combining superior durability and aesthetics, trex also offers a truly environmentally responsible choice. in addition to a variety of decking and railing options, the trex product portfolio includes everything needed to create a dream outdoor living space - from led deck and landscape lighting, stylish pergolas and outdoor furniture and storage to innovative steel deck framing and drainage systems. visit www.trex.com.