TREX

In the past six months (March-September 2026), Trex reported strong Q2 2026 results with $418 million in net sales, an 8% year-over-year increase, exceeding expectations. Despite strong year-to-date performance, the share price declined 9.72% over the last quarter and 15.54% in one year as of September 23, 2026. The company raised its full-year 2026 guidance, targeting approximately 38% adjusted gross margin and $335–$350 million adjusted EBITDA, and guided Q3 net sales to $305–$320 million. Trex accelerated the ramp-up of its Little Rock, Arkansas facility, expecting 50% capacity by year-end 2026, and approved an additional $150 million share repurchase program in July 2026. Distribution network realignments, including making Specialty Building Products its sole national distributor, were also announced in July 2026. In September 2026, Trex expanded its outdoor living portfolio with premium lighting and finishing solutions and announced a new distribution relationship with BlueLinx. The stock also saw a 2.64% decline on September 1, 2026, due to persistent housing pressures.