Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered railing systems, today announced that it has named Dennis Schemm to the position of Vice President and Chief Financial Officer. Mr. Schemm succeeds Bryan H. Fairbanks, Executive Vice President and Chief Financial Officer, who will assume the position of President and Chief Executive Officer on April 29, 2020. On that date, James E. Cline will move to Chairman of the Board of Directors from his current position as President and Chief Executive Officer.
The composite decking category has never been more competitive, but there’s no question as to which brand industry professionals prefer most. Trex, the leading manufacturer of high-performance, wood-alternative decking and railing, surpassed all others in recent studies conducted by two of the industry’s leading media outlets. For the third time, Trex swept Builder magazine’s annual Brand Use Study, outranking all other brands across every aspect measured in the composite/PVC category.
Trex Company, Inc. (NYSE: TREX), today provided an update on the current impact of the COVID-19 pandemic on its business.
NEW YORK, March 18, 2020 -- Fields Kupka & Shukurov LLP is investigating potential breach of fiduciary duty claims involving the board of directors of Trex Company, Inc..
Effortless style and exceptional strength are the ‘signatures’ of the newest railing option from Trex Commercial Products, a national leader in engineering and manufacturing ornamental railing systems for commercial building applications. Combining sophisticated design with the unparalleled strength of aluminum, Trex Signature® railing lives up to its name by affording architects and developers the flexibility and confidence to create truly distinctive spaces. “Trex Signature is ideal for a wide range of applications from multi-family residential to office buildings, restaurants and retail complexes,” said Dan Stachel, vice president of sales and marketing for Trex Commercial Products.
Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered railing systems, will issue its first quarter 2020 earnings release on Monday, May 4, 2020, after the close of the U.S. market.
Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered railing systems, today announced its participation in the following investor conferences:
On Wednesday, Trex cleared a key technical benchmark, with its Relative Strength (RS) Rating entering into the 90-plus percentile with an upgrade to 92, an increase from 89 the day before. Trex is now considered extended and out of buy range after clearing a 92.30 buy point in a first-stage cup with handle. In terms of fundamentals, Trex has posted rising EPS growth in each of the last three reports.
While Trex Company, Inc. (NYSE:TREX) shareholders are probably generally happy, the stock hasn't had particularly good...
Wood Industry's Near-Term Prospects Dimmed by Coronavirus
Trex (TREX) delivered earnings and revenue surprises of 21.67% and 1.16%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Trex Company, Inc. (NYSE:TREX) just released its quarterly report and things are looking bullish. The company beat...
Shares of Trex (NYSE: TREX) were moving higher after the maker of decking and railing products posted better-than-expected results in its first-quarter earnings report, topping estimates on both top and bottom lines. Trex stock was up 7.1% as of 10:13 a.m. EDT. Overall sales in the quarter rose 12% to $200.4 million, ahead of estimates of $197.8 million as the company benefited from margin expansion due to production improvements and expense control.
Trex Company, Inc. (NYSE: TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, and a leading national provider of custom-engineered railing systems, today reported financial results for the first quarter ended March 31, 2020.
From the Steel City to a modern city with green spaces, sustainable buildings and vibrant innovation, Pittsburgh offers an ideal location for the HGTV® Smart Home 2020. This year’s home is a natural fit for the city with its industrial aesthetic, neutral finishes and strategically simplistic styling by HGTV designer Tiffany Brooks. “This year’s HGTV Smart Home offers an ideal showcase for our extensive portfolio of high-performance, low-maintenance outdoor living products,” noted Leslie Adkins, vice president of marketing for Trex.
With us on the call are, Jim Cline, Chairman; and Bryan Fairbanks, President and Chief Executive Officer. Joining Jim and Bryan is Bill Gupp, Senior Vice President, General Counsel and Secretary; Dennis Schemm, Vice President and Chief Financial Officer, as well as other members of Trex management. The Company issued a press release today after market close containing financial results for the first quarter 2020.
Q1 2020 Trex Company Inc Earnings Call
Trex (TREX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Students across the country are making everyday Earth Day thanks to the Trex Plastic Film Recycling Challenge. Now in its 13th year, the annual program engaged a record number of students in grades K-12 in a fun and friendly competition to collect and recycle the most polyethylene plastic for the chance to win Trex products for their schools. “Through the Trex Recycling Challenge, we are thrilled to be able to educate students about the importance of recycling in a way that is interactive, fun and offers them a tangible reward for their efforts,” said Adam Zambanini, president of Trex Residential.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]