Trex Company Upgrades Distribution Network Raises Full Year Guidance
TREX•Trex upgrades distribution network and raises full-year guidance
July 13 (Reuters) - Trex Company Inc TREX.N:
- Trex Company upgrades distribution network; raises full-year guidance
- Preliminary Q2 revenue about $418 million, above guidance range
- Q2 adjusted EBITDA expected to be about $112 million
- Sees FY2026 net sales $1.215 billion-$1.250 billion; adjusted EBITDA $335 million-$350 million
- Expands regional distribution with WS Building Materials, Coastal Forest Products, and BlueLinx
- SBP to become sole national distributor of Trex products in North America
- To transition away from Boise Cascade as distributor
