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In a difficult environment for housing and construction stocks, Azek 's (NYSE: AZEK) results held up better than expected. Shares of the recycled building products company climbed as much as 16% on Thursday on signs the company is doing a good job weathering the current cycle. Azek is...
Azek Company, Inc. (AZEK) Q1 2023 Earnings Conference Call February 08, 2023, 17:00 ET Company Participants Eric Robinson - IR Jesse Singh - CEO, President & Director Peter Clifford - SVP, CFO & Interim Principal Accounting Officer Conference Call Partici...
The AZEK Company press release ( NYSE: AZEK ): Q1 Non-GAAP EPS of -$0.09 beats by $0.01 . Revenue of $216.3M (-16.7% Y/Y) beats by $8.16M . Adjusted EBITDA of $15.1 million For further details see: The AZEK Company Non-GAAP EPS of -$0.09 beats by $0.01, reven...
Delivered Fiscal First Quarter 2023 Results Modestly Ahead of Expectations, Driven by Favorable Sales and Operational Execution; Residential Channel Inventory Normalization Completed; Reaffirming 2023 Planning Assumptions FIRST QUARTER FISCAL 2023 FINANCIAL HIGHLIGHTS Consolidat...
The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech ® decking, Versatex ® and AZEK ® Trim, and StruXur...
The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech ® decking, Versatex ® and AZEK ® Trim and StruXure...
Azek ( NYSE: AZEK ) on Thursday was downgraded to Neutral from an investment rating of Buy by analysts at UBS. They said the maker of deck building materials faces slowing demand that will hinder wholesaler efforts to reduce their inventories. Azek ( AZEK ) fell 3.4% to $21.72 a s...
Summary The AZEK Company went public in mid-2020, raising approximately $765 million in gross proceeds in an IPO. The firm sells engineered products for outdoor spaces. AZEK said it will see volumes drop in the period ahead and has swung to negative earnings. With the expected r...
Summary I expect the Outdoor Living Industry to grow as more homeowners spend time outdoors. AZEK’s decking product has many opportunities to grow due to underlying secular trends. AZEK offers a portfolio of premium brands. AZEK has an extensive network across the value c...
AZEK to collect thredUP’s post-consumer plastic Clean Out Bags, process and turn them into new long-lived TimberTech® composite decking, advancing both companies’ ESG and recycling goals The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), t...
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The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. The AZE...
The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), today announced that, as expected, on May 16, 2024 it received a notice (the “NYSE Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance w...
Strong Second Quarter Performance Driven by Residential Segment Execution, Increasing Brand Momentum and Realization of Margin Expansion Initiatives Growth Initiatives, including New Product Introductions, Consumer Engagement and Shelf Space Gains in Residential Pro and Retail Channels Drivin...