Trex forecasts $2B in annual sales by 2030 and announces up to $150M in share buybacks starting next year.
Trex outlined a long-term target of $2B in annual sales by 2030, citing strong demand trends and operational execution. The company reported Q2 2026 net sales exceeding expectations, driven by accelerated demand in May and June.
Management also announced plans for up to $150M in share repurchases beginning in Q2 2026. The buyback program reflects confidence in sustained growth and cash flow generation. Trex’s expansion in Little Rock is expected to support capacity needs as demand rises.
No immediate market reaction was disclosed in the earnings call summary.