Trex Company Reports Record Revenue and Strong Second Quarter 2026 Results

About this update from Trex Company, Inc.

Trex Company, Inc. [NYSE:TREX], the world’s largest manufacturer of wood-alternative composite decking and railing, and a leader in high-performance, low-maintenance outdoor living products, today announced financial results for the second quarter of 2026. “I’m pleased to report that Trex is delivering strong results from disciplined execution against our strategic priorities. We are returning to stronger top-line growth, while also upgrading our distribution network and accelerating the timing of our Arkansas capacity expansion to further strengthen our market position and drive long-term growth,” said Adam Zambanini, President and CEO. “At the same time, we are also seeing improved consumer demand trends, with broad-based demand across categories and price points. “During the quarter, we saw particularly strong demand for our entry-level Trex Enhance® decking, reflecting the success of our marketing efforts to drive conversion from wood to composite decking. Wood conversion remains a key long-term growth opportunity, and the improvement in consumer demand is enabling us to accelerate the ramp-up of decking production in our Arkansas facility by more than six months to the third quarter of 2026. As our most efficient manufacturing site, Arkansas strengthens our ability to serve high-growth Sunbelt markets and supports our strategy to accelerate wood conversion. “We also recently enhanced our distribution model. The transition is tracking to plan with inventory levels at distributors already at desired levels. “Together, our accelerated Arkansas expansion and upgraded distribution network strengthens our competitive position, supports long-term growth, and advances our goal of achieving $2 billion in annual sales by 2030,” Mr. Zambanini said. Q2 2026 Financial Summary All financial results comparisons made are against the prior-year period unless otherwise noted: Net sales increased 8% to $418 million from $388 million in the prior year period, reflecting broad-based strength across product categories, price points, and distribution channels. Growth was driven primarily by volume, with pricing contributing minimally to the increase. Gross profit was $158 million, with gross margin of 37.9%, compared to gross profit of $158 million and gross margin of 40.8% in the prior year period. There were no adjustments to gross profit this quarter. Excluding approxim...

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