TREX News and Press, Trex Company Inc. From 12/30/22

Trex ( NYSE: TREX ) said Friday it sold all assets of its unit Trex Commercial Products to Minnesota-based Sightline Commercial Solutions for ~$8.3M. The company expects to recognize a loss on sale of ~$13M-$16M after tax, which will be recognized in Q4 2022. Sightline als...

COMPANY RESOURCES TO FOCUS ON GROWTH OPPORTUNITIES IN OUTDOOR LIVING Trex Company, Inc. (NYSE:TREX), the world’s #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products today announced the sale of substantially all of th...

One of the surprising outcomes of the pandemic was a booming housing market. The combination of low interest rates, stimulus payments, and a suspension of some student loan repayments sent housing prices through the roof. From May 2020 through the summer of 2022, the median sales price of both ne...

Summary Housing-related industries are negatively affected by the high mortgage rates. Based on this, analysts expect Louisiana-Pacific's earnings to fall by 58% next year. The Siding segment managed to grow even in these adverse conditions. The segment, which makes up 40% of revenue, a...

WINCHESTER, Va., Dec. 19, 2022 (GLOBE NEWSWIRE) -- ‘Tis the season for gift giving and holiday cheer! But the resulting glut of packaging waste from in-store and online shopping can strain our eco-system and landfills. To help combat this, Trex Company , the world’s largest manu...

Operating cash flow (OCF) provides a terrific insight into the health of a stock's underlying business, showing the amount of cash generated before spending on capital expenditures (capex). This figure is instrumental when looking at younger companies still in their growth stage, because ma...

The following slide deck was published by Trex Company, Inc. in conjunction with this event. For further details see: Trex Company (TREX) Investor presntation - Slideshow

WINCHESTER, Va., Nov. 15, 2022 (GLOBE NEWSWIRE) -- Today marks the official start of the 16 th Annual Trex ® Plastic Film Recycling Challenge . Strategically timed to coincide with America Recycles Day (Nov. 15), the nationwide competition, hosted by Trex Company ...

MINNEAPOLIS, Nov. 14, 2022 (GLOBE NEWSWIRE) -- This week, the Entertainment Capital of the World will welcome live events professionals from around the globe when they gather for the 2022 Live Design International Show (LDI2022). The latest audio, lighting, production and staging technologi...

In one of the hottest days for stocks in years, shares of Trex (NYSE: TREX) and Generac Holdings (NYSE: GNRC) surged even higher than the market. The S&P 500 is up almost 5% at 3:14 p.m. ET today, while Trex and Generac shares are up 11% and 12%, respectively. Yet wh...