Trex Reports Record Third Quarter Net Sales and Raises Full-Year Guidance
Trex (TREX) reported strong third-quarter 2026 financial results, highlighted by a 26% year-over-year increase in net sales to $360 million. This growth was driven by increased shipment volumes and significant market share gains over traditional wood decking. While $30 million of the revenue resulted from initial inventory load-ins with new distribution partners, underlying consumer demand grew at more than double the rate of the overall decking category. The company is strategically expanding its manufacturing footprint, with its new Little Rock, Arkansas facility ramping up six months ahead of schedule to better serve high-growth Sunbelt markets. Additionally, Trex demonstrated strong liquidity by generating $135 million in free cash flow, which was utilized to pay down $83 million in debt and execute $55 million in share buybacks. Management has raised its full-year financial outlook based on sustained demand for wood-alternative products.
Tickers: $TREX
Topics: distribution partnerships manufacturing capacity market share expansion net sales growth