Trex

Q2 FY2026 EarningsQ2 FY26 results were slightly ahead on the top line but missed on profitability margins and EPS. Revenue of $418M surpassed the $415.7M consensus (+0.56%), driven by strong volume growth in entry-level decking. However, gross margin of 37.9% fell short of the 38.3% expectation (-0.40pct), and GAAP EPS of $0.60 missed the $0.63 mean estimate due to Arkansas facility startup costs and a $5M equipment write-down. Q3 revenue guidance ($305M–$320M) is cautious compared to full-year expectations, though the company reaffirmed its FY26 outlook.