SG&A was $29 million, or 13.2% of sales, compared to 17.3% of sales in the year ago quarter. Detailed statistics for Trex Company (TREX) stock, including valuation metrics, financial numbers, share information and more. Stock Split Calendar ; Ratings. <> Prices shown are actual historical values and are not adjusted for either splits or dividends. GlobeNewswire. As of September 2020, SHOP is in the exact same boat that AAPL and TSLA were in before they split. endobj ... Why Trex Stock Fell Today. PRESS RELEASE Businesswire . Tweet Share E-mail. shareholders of record at the close of business on August 19, 2020,â Mr. Fairbanks concluded. Second Quarter 2020 Conference Call and Webcast Information Documents filed with the Securities and Exchange Commission by the Company, including in particular its latest annual report on Form 10-K and quarterly reports on Form 10-Q, discuss some of the important factors that could cause the Company’s actual results to differ materially from those expressed or implied in these forward-looking statements. Today, the 15/09/2020, Trex Company, Inc. (TREX) underwent a stock split with a ratio of 1:2. For the 13th consecutive year, Trex was ranked No. Trex Companyâs 2-For-1 Stock Split Becomes Effective Today. 17 0 obj A live webcast of the conference call will be available in the Investor Relations section of the Trex Company website at 2Q20 Earnings Webcast. ... Trex Companyâs 2-For-1 Stock Split ⦠Saturday, August 29, 2020 | MarketBeat Trex Company Inc (NYSE:TREX)'s stock is going to split on Monday, September 14th. endobj The Ex-distribution Date is September 15, 2020. We expect full year 2020 incremental gross margin to be 45% to 50% inclusive of additional COVID-19 related expenses, full year SG&A as a percentage of sales to improve by 80 to 100 basis points compared to the prior year, a full year tax rate of approximately 25% and full year capital spending of $150 million to $170 million. endobj EBITDA increased 32% to $67.5 million, and EBITDA margin expanded to 30.6% from 24.8% in the second quarter of 2019. ... Trex Company Announces September 2020 Investor Conference Schedule. ... September 8, 2020 8:00 AM EDT. <>/Metadata 2 0 R/ViewerPreferences 6 0 R>> The 80-basis point expansion in Trex Residential gross margin was primarily due to improved throughput and reduced material costs in our Enhance product line, partially offset by startup costs for the new capacity in Nevada. “Our gross margin performance reflected improvements in both Trex Residential and Trex Commercial. Reflecting our positive outlook, the Trex Board of Directors has approved a two-for-one stock split of the company's common shares. The 2-1 split was announced on Monday, August 3rd 2020. Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. September 15, 2020 08:00 AM Eastern Daylight Time. These statements are subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially. Detailed statistics for Trex Company (TREX) stock, including valuation metrics, financial numbers, share information and more. Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. Trading for nearly $1,400, itâs become a mighty-pricey stock. Trex Commercial gross margin reflected quarter-specific project mix, as well as improvements in overall execution and manufacturing cost savings. Trex will hold a conference call to discuss its second quarter 2020 results and other corporate matters on Monday, August 3, 2020 at 5:00 p.m. EDT. Tags Market News TREX. Press Release Trex Companyâs 2-For-1 Stock Split Becomes Effective Today Published: Sept. 15, 2020 at 8:00 a.m. The Payable Date is September 14, 2020. September 14, 2020. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020,” Mr. Fairbanks concluded. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020," Mr. Fairbanks concluded. Tickers TREX. WINCHESTER, Va.--(BUSINESS WIRE)--Aug 3, 2020--. Connect with the definitive source for global and local news, https://www.businesswire.com/news/home/20200803005570/en/, (In thousands, except share and per share data), Selling, general and administrative expenses, Basic weighted average common shares outstanding, Diluted weighted average common shares outstanding, Goodwill and other intangible assets, net, Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding, Common stock, $0.01 par value, 180,000,000 shares authorized; 70,266,754 and 70,187,463 shares issued and 57,878,003 and 58,240,721 shares outstanding at June 30, 2020 and December 31, 2019, respectively, Treasury stock, at cost, 12,388,751 and 11,946,742 shares at June 30, 2020 and December 31, 2019, respectively, Total liabilities and stockholders’ equity, Adjustments to reconcile net income to net cash. 32.3 % from 21 % price values please see the `` historical prices '' tab adjusted. 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