TREX News and Press, Trex Company Inc. From 03/05/23

2023-03-05 11:51:23 ET Summary Rising interest rates and inflation are squeezing the consumer and weighing on discretionary spending. Trex outlined how it's combating these pressures in its Q4 2022 and Full Year earnings release and conference call. There are a few key takeawa...

Summary Trex appears to have mostly completed its inventory recalibration efforts. Q4 and FY2022 brought decent results given the headwinds. The company profited off the weakness in its share price to buy back record amounts of shares. Shares remain cheap, trading with EV/Revenues a...

Trex Company, Inc. (TREX) Q4 2022 Earnings Conference Call February 27, 2023 17:00 ET Company Participants Viktoriia Nakhla - Investor Relations Bryan Fairbanks - President and Chief Executive Officer Dennis Schemm - Senior Vice President and Chief Financial Officer ...

Trex press release ( NYSE: TREX ): Q4 Non-GAAP EPS of $0.23 beats by $0.01 . Revenue of $192M (-36.8% Y/Y) beats by $6.54M . Adjusted fourth quarter EBITDA of $46 million; Adjusted fourth quarter EBITDA margin of 24.1%, excluding aforementioned adjustments Full y...

Fourth Quarter Operating Results Exceed Expectations Channel Inventory Recalibration Completed by Year End 2022 Returned $395 Million to Shareholders Through Share Repurchases in 2022 Trex Commercial Products Divested Company Provides 2023 Financial Outlook Trex Company, I...

Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. The Baron Real Estate Fund increased 6.17% (Institutional Shares) in the fourth quarter of 2022, outperforming the ...

Summary Wedgewood Partners is a money manager founded in 1988 with the goal of providing investors with a superior approach to managing investment portfolios. The results for the typical investor in 2022 were likely worse still as many investors (including Wedgewood) had a meaningful we...

Industry Leader Earns Top Honor for Trust for Third Consecutive Year Trex Company [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and leader in high-performance, low-maintenance outdoor living products has been named the 2023...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Many investors may not have heard of Eddy Elfenbein, but he’s worth paying attention to. Elfenbein runs an exchange-traded fund called Crossing Wall Street (NYSEARCA: CWS ).Two things are interesting about Elfenbei...

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, will issue its fourth quarter 2022 earnings release on Monday, February 27, 2023, after the close of the U.S. market. You a...