The AZEK Company Announces Preliminary Second Quarter and Year-To-Date Fiscal 2024 Results; Raising Fiscal 2024 Outlook
The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure® pergolas, today announced preliminary financial results for its fiscal second quarter ended March 31, 2024.
- The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure® pergolas, today announced preliminary financial results for its fiscal second quarter ended March 31, 2024.
- “In the process of closing our fiscal quarter, we identified a discrepancy in an inventory balance.
- We expect to continue to drive above market growth in the second half of fiscal 2024 and in fiscal 2025.
- For the third quarter of fiscal 2024, AZEK expects consolidated net sales between $385 to $400 million and Adjusted EBITDA between $103 to $110 million.