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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 Named “America’s Most Trusted® Outdoor Decking” for Fourth Consecutive Year
Rhea-AI Summary
Trex Company [NYSE:TREX] has been named '2024 America’s Most Trusted® Outdoor Decking' for the fourth consecutive year, based on a nationwide study by Lifestory Research. The company's commitment to trust, premium aesthetics, durability, sustainability, and continuous innovation has earned it the highest trust rating among popular decking brands, with the best reviews and satisfaction scores among nine outdoor decking brands included in the survey. Trex also received the only five-star rating for trust, affirming its efforts to build a legacy of trust with its customers over the past 30 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
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News
Sanctuary, Self-Care and Sustainability Drive Exterior Design in 2024
Rhea-AI Summary
Trex Company, the world's largest manufacturer of composite decking and railing, discusses the increasing trend of homeowners reimagining outdoor spaces to connect with nature and promote wellness. The company highlights five outdoor living trends for 2024, including restorative retreats, natural and neutral color palettes, and sustainable design choices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
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none
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News
Trex Awarded Three Prestigious Accolades for Sustainability
Rhea-AI Summary
Trex Company [NYSE:TREX], the world's largest manufacturer of wood-alternative composite decking and railing, was honored by Lowe's, Newsweek, and Investor's Business Daily for its ongoing commitment to sustainability. The company received the 2023 Sustainability Award from Lowe's, recognition as one of the 100 Best ESG Companies for 2023 by Investor's Business Daily, and was ranked by Newsweek magazine as one of America's Most Responsible Companies. Trex has diverted more than five billion pounds of discarded polyethylene plastic from landfills and waterways over the past 30+ years, and has earned a spot among America's Most Responsible Companies 2024. Additionally, Trex was named a 2023 Eco Leader by Green Builder Media and voted the Sustainable Brand Leader for the 13th consecutive year by the readers of Green Builder magazine.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.41%
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none
News
Trex Company Announces November 2023 Investor Conference Schedule
Rhea-AI Summary
Trex Company, Inc. (NYSE:TREX) Announces Participation in UBS Industrials Summit - Trex, the leading brand in eco-friendly decking and outdoor living products, will participate in the UBS Industrials Summit in Palm Beach, FL on November 29th. The company's President and CEO, Bryan H. Fairbanks, and CFO, Brenda K. Lovcik, will be present along with hosting one-on-one meetings with investors. The investor presentation is available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.59%
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none
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News
What’s Next Is Now!
Rhea-AI Summary
Trex Company (NYSE:TREX) announces new products for 2024, including a full line of fasteners, new decking options, and railing components. The company aims to become a one-stop supplier for outdoor living spaces, offering high-quality products at multiple price tiers. The new products will be on display at PSP/Deck Expo 2023 in Las Vegas from November 13-15.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.82%
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none
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News
Trex Company Reports Third Quarter 2023 Results
Rhea-AI Summary
Trex Company, Inc. (NYSE:TREX) reported strong third quarter 2023 results driven by resilient consumer demand. Net sales were $304 million, gross margin was 43.1%, and net income was $65 million. Adjusted EPS was $0.57 and adjusted EBITDA was $96 million. The company raised its full year 2023 revenue guidance to $1.09 billion and adjusted EBITDA margin guidance to 29% to 29.5%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
earnings
News
Trex Company Names Brenda Lovcik Senior Vice President and Chief Financial Officer
Rhea-AI Summary
Trex Company, Inc. announces Brenda Lovcik as new Senior Vice President and CFO
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
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none
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News
Trex Company Announces Timing of Third Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
Trex Company, Inc. to release third quarter 2023 earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
earnings
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News
Trex Transcend® Lineage™ Composite Decking Recognized in Good Housekeeping’s 2023 Home Renovation Awards
Rhea-AI Summary
Trex Transcend Lineage decking recognized in Good Housekeeping's Home Renovation Awards in the Exterior Enhancements category.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.77%
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none
News
Trex and Keep Arkansas Beautiful Awarded “Recycling Education Program of the Year”
Rhea-AI Summary
Trex Company and Keep Arkansas Beautiful receive '2023 Recycling Education Program of the Year' award for their collaborative efforts in educating students about responsible recycling through the NexTrex Plastic Film Recycling Challenge.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
none
Stock TREX logo
TREX Co., Inc.

NYSE:TREX

TREX Rankings

#809 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.