Trex Company, Inc. Provides Earnings Guidance for the Third and Fourth Quarter of 2022 and Second Half of 2022
August 09, 2022 at 01:37 am IST
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Trex Company, Inc. provided earnings guidance for the third and fourth quarter of 2022 and second half of 2022. The company anticipates the inventory adjustments being made in channel will primarily impact this year's third and fourth quarter revenues, which the company expects to range from $185 million to $195 million, and $180 million to $190 million, respectively.
Total second half revenue is projected to range from $365 million to $385 million.
Trex Company, Inc. is a manufacturer of wood-alternative decking and residential railing and outdoor living products and accessories, marketed under the brand name Trex. The Companyâs segment is Trex Residential Products. Trex Residential Products manufactures outdoor living products, consisting of composite decking and railing products, hidden fasteners, and a broad offering of outdoor living accessories. The Company offers a range of products, such as Trex Outdoor Furniture; Trex Pergola; Trex Lattice; Trex Cornhole; Trex Blade; Trex Outdoor Kitchens, and others. Its principal decking products are Trex Signature, Trex Transcend Lineage, Trex Transcend, Trex Select, and Trex Enhance. Trex Outdoor Kitchens cabinetry is manufactured and sold by Danver Outdoor Kitchens. Its Trex Seclusions composite fencing product is offered through two specialty distributors. This product consists of structural posts, bottom rails, pickets, top rails and decorative post caps.
TREX COMPANY, INC. 
