![]() ![]() In the first quarter of 2023, TREX witnessed a sequential rise in its gross margin to 39.6% from 34.1% reported in fourth-quarter 2022. As of the end of the quarter, the company’s plants produced at an annual revenue rate of $1 billion, attributable to its ability to efficiently and swiftly mold its production levels based on the demand pattern. Its product development initiatives had a positive outlook, accelerating its growth momentum. In first-quarter 2023, TREX engaged in delivering innovative new products that meet the evolving needs of consumers, strengthening its market leadership position along with creating demand. Also, the company’s sound relationships with its top-notch channel partners in the industry assisted it to achieve industry-leading margins and profitability. It gains from improved manufacturing performance and other cost-containment actions. TREX’s consistent product portfolio development and strategic sale initiatives help it to maintain growth momentum, despite various macroeconomic and inflationary risks. The stock has increased 26.1% in the year-to-date period against the Zacks Building Products - Wood industry’s decline of 1.3%. Shares of TREX grew 3.9% during the trading session on Jun 1. Study results are based on experiences and perceptions of people surveyed. *2023 DISCLAIMER : Trex received the highest numerical score in the proprietary Lifestory Research 2023 America’s Most Trusted ® Outdoor Decking study. You may also follow Trex on Facebook (trexcompany), Instagram (trexcompany), Twitter (Trex_Company), LinkedIn (trex-company), TikTok (trexcompany), Pinterest (trexcompany) and Houzz (trex-company-inc), or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo). Based in Winchester, Va., Trex is proud to have been named 2023 America’s Most Trusted ® Decking Brand* and one of 2022’s 50 Best U.S. Through strategic licensing agreements, the company offers a comprehensive outdoor living portfolio that includes deck drainage, flashing tapes, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, cornhole and outdoor furniture – all marketed under the Trex ® brand. The undisputed global leader, Trex boasts the industry’s strongest distribution network with products sold through more than 6,700 retail outlets across six continents. – and a leader in high performance, low-maintenance outdoor living products. Today, the company is the world’s #1 brand of sustainably made, wood-alternative decking and deck railing – all proudly manufactured in the U.S.A. For more information, contact your Trex sales representative.įor more than 30 years, Trex Company has invented, reinvented and defined the composite decking category. Trex Select T-Rail is available for immediate ordering. Continuing Trex’s legacy of sustainability, components are made from a minimum of 40% recycled materials, and the system is backed by a 25-year Limited Residential Warranty and a 10-year Commercial Warranty. The versatile design of Trex Select T-Rail adds a perfect frame to any deck and retains its clean look with minimal maintenance. “In addition to expertly curated color and material pairings, the system uses a low-profile, underside bracket system for quick, easy assembly.” ![]() “Trex Select T-Rail is offered in two clean looks that deliver on simplicity,” added Adkins. Full-span top and bottom rails in Classic White are offered in 36” and 42” heights and 6’ and 8’ lengths. “With this introduction, Trex brings to market a competitively priced, high-performance, low-maintenance composite rail system that not only rounds out our railing portfolio to be more comprehensive, but also allows us – and our dealer partners – to compete more aggressively at the entry level.”Įngineered for ease, efficiency and economic value, Trex Select T-Rail features a classic T design on top with a choice of two infill options – square composite balusters in Classic White for a cohesive, coordinated look, or round aluminum balusters in Charcoal Black for a more modern contrast. “Trex Select T-Rail is an instant classic,” said Leslie Adkins, vice president of marketing and ESG development for Trex Company. ![]() The composite railing system, featuring a popular T-shaped top rail, is designed to make the beauty and convenience of Trex’s high-performance composite and aluminum railing available to a wider audience with pricing that competes head-to-head with PVC vinyl railing. WINCHESTER, Va., J(GLOBE NEWSWIRE) - In a bold move to expand its footprint in the competitive deck railing market, Trex Company, the world’s largest manufacturer of high-performance wood-alternative decking and railing, has introduced Trex Select ® T-Rail. ![]()
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