Tag: Earnings Reports
Trex Reports 2nd Quarter Earnings 2023
In the second quarter of 2023, Trex Company, a leading composite decking and railing manufacturer, reported several key financial outcomes and strategic initiatives. Despite a slight decrease in net sales from $386 million in Q2 2022 to $357 million this year, the company expanded its margins. They improved their gross margin from 40.7% to 43.9%,…