Trex Raises 2026 Guidance After Q2 Sales Top $418M, Names SBP National Distributor
TREX sits 66% above its 52-week low of $29.77.
Summary
Trex delivered preliminary Q2 net sales of ~$418M and Adjusted EBITDA of ~$112M, both above prior guidance, and raised its full-year 2026 outlook. The company now expects net sales of $1.215B–$1.250B and Adjusted EBITDA of $335M–$350M, up from previous targets. This follows the 8-K filed earlier today announcing a distribution network realignment, naming SBP as sole national distributor effective January 2027 and terminating Boise Cascade. The strong Q2 beat and guidance raise signal accelerating demand and operational momentum. The distribution overhaul could reshape market reach and efficiency, though execution risk remains. Watch for the full Q2 earnings release and call for detailed margin and volume breakdowns.
At the time of this announcement, TREX was trading at $49.27 on NYSE in the Manufacturing sector, with a market capitalization of approximately $4.8B. The 52-week trading range was $29.77 to $68.78. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.