Record Level of Quarterly Sales
Trex achieved a record level of quarterly sales with a 3% net sales growth despite adverse weather conditions and a declining repair and remodel market.
Strong Demand for New Products
New products represented 22% of quarterly sales, significantly ahead of the 13% contribution in the same period last year, driven by Trex Lineage decking and mid-priced select decking line.
Successful State-of-the-Art Facility in Arkansas
The new Arkansas facility surpassed initial expectations, reducing the need for externally purchased plastic pellets, and is expected to become a model for efficient, vertically integrated production.
Positive Financial Performance Outlook
Trex expects similar sales trends in the third quarter, representing substantial year-on-year revenue growth and positive financial performance.
Railing Portfolio Expansion
Trex's expanded railing portfolio gained traction, securing additional shelf space and aligning well with distributor strategies.