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Deckorators Declares 2026 the Year of the Front Yard
Prnewswire· 2026-02-12 15:11
Deckorators Declares 2026 the Year of the Front Yard [Accessibility Statement] Skip NavigationFront-of-home transformation showcases a top trend identified in annual Outdoor Living ReportGRAND RAPIDS, Mich., Feb. 12, 2026 /PRNewswire/ -- [Deckorators]®, the leading innovator in outdoor living solutions, is declaring 2026 the "Year of the Front Yard," with a [stunning front-of-home redesign] partnership with Premier Outdoor Living founder and Deckorators Certified Elite Pro [Sean Collinsgru]. Drawing from in ...
Trex(TREX) - 2023 Q1 - Earnings Call Presentation
2025-06-16 16:29
Company Overview - Trex's market capitalization is valued at $5.3 billion as of March 31, 2023, supported by brand strength, distribution network, low-cost leadership, and product breadth[15, 16, 17] - The company has recycled over 5 billion pounds of plastic film since its inception, utilizing 95% reclaimed and recycled materials in its durable decking[18, 19] - Trex has reduced its greenhouse gas emissions intensity by 33% between 2020 and 2021[19] Market Position and Growth - 82% of people say their outdoor space is more important to them than ever[32] - Trex residential growth from 2015 to 2022 was 140%, outpacing the outdoor living category's growth of 102% and the repair & remodeling sector's growth of 71%[38] - Trex holds a 12% market share of the $8 billion U S decking & railing category[39] Product Innovation and Value - Trex is launching a new luxury line with realistic wood grain and colors inspired by nature, with 2 colors available in Q1 2023 in select markets, backed by a new 50-year warranty[75] - Trex web traffic commands more than 60% of the category, generating high-quality Trex leads[99] Financial Performance and Capital Allocation - Trex has capital expenditures of $656 million since 2016[128] - The company has $745 million in share repurchases over the past 10 years, including $395 million in 2022 repurchases[129] - The company anticipates capital expenditures of $130-140 million, SG&A at 15-16% of sales, depreciation & amortization of $45-47 million, a tax rate of 25-26%, and an EBITDA margin of 26-27%[141]
Trex(TREX) - 2024 Q1 - Earnings Call Presentation
2025-06-16 16:28
Company Overview - Trex is the 1 brand in trust, consumer awareness, search, traffic, social media, sales, and market share[13] - Trex decking is made of 95% reclaimed and recycled materials, and the company has recycled over 5 billion pounds of plastic film since inception[14] - The company has a market cap supported by brand, distribution, low-cost leadership, and product breadth[15] Market Opportunity and Growth - Trex Residential experienced 140% growth from 2015 to 2022, outpacing the outdoor living category's 102% growth and the repair & remodeling category's 71% growth[32] - Trex has a 12% market share of the $8 billion U S decking & railing category[33] - Homeowners are increasingly allocating budgets to outdoor living spaces, with 25% of overall budgets going to upgrades[37] - The company estimates $400 million in expenditures for the Arkansas site through 2026[42] Sustainability and Impact - 95% of Trex decking is upcycled from diverted wastes[116] - The company reclaims approximately 13,000 pounds of scrap Trex boards and cut-off ends through a pilot circulatory program[116] - Trex recycles ~99% of water annually with closed-loop cooling systems at its Virginia and Nevada manufacturing facilities[117] Financial Performance and Guidance - Trex Residential adjusted sales for TTM 2024 were $1.23 billion[130] - Trex Residential adjusted EBITDA for TTM 2024 was $388 million, representing 32% of net sales[132] - The company projects full-year revenue growth of 11-13%[135]