Trex (TREX) Tops Q1 EPS by 8c
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Trex Company Reports Record Results for First Quarter 2022
May 9, 2022 4:05 PM EDT40% Residential Sales Growth Driven by Double-Digit Increases in Volume and Pricing
Residential Gross Margin Expansion and Cost Efficiencies Generate Improved Operating Leverage
Second Quarter Revenues Expected to Grow 22% Year-on-Year at the Midpoint
Strong Double-digit Revenue Growth Expected for 2022
WINCHESTER, Va.--(BUSINESS WIRE)-- Trex Company, Inc. (NYSE: TREX), the worlds #1 brand of high-performance, low-maintenance and eco-friendly composite decking, railing and outdoor living products and a leading national provider of custom-engineered commercial railing systems, today reported first quarter 2022 results.
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