Wood-alternative decking giant Trex Co. reported first-quarter net sales of $107.9 million, up 12% from net sales of $96.1 million in the first quarter of last year.
Net income for the quarter increased to a record $21.6 million, up from $12.3 million in the year-ago period.
“Our new record reflects the continual enhancements we have been making to our product platform, operations, distribution network and marketing strategies,” said Ronald Kaplan, CEO.
