The to capped I joining for the year partners members and the dedicated our achievements and to slightly year above Company of with full solid performance our channel for revenues you, along with evening, our thank Thank you these Trex fourth a guidance our of discuss possible. team XXXX Amy. Good range. making in quarter quarter want fourth thank XXXX. us and results, for outlook coming
of the XXXX, demonstrated the The profitability the second mid-single product Trex third power line return representative portfolio. was targets. digits, brand baseline our in to the of with long-term resilience solid growth throughout achieve which our and was we quarters and levels Channel from market-leading experienced the to and in a sell-through of in the represents Trex
In new will range within existing complementary These contributor offerings be introductions portfolio category key and extended expanded that selection our long-term of product QX, robust a a we categories year-end fourth and contributed strategic growth. both into and results unveiled our to our adjacencies. quarter to
portfolio, Lineage low decking of the composites. the segment offering channel Trex a newest appeal refined The maintenance colors our traction and the home to finish order both pro customer Transcend in category within mitigation coupled Trex with quickly gained heat special with decking eco-friendly wood premium with the in benefits and center addition aesthetics realistic partners. the fresh proprietary technology, and our Signature of to Lineage seeking
decking Trex's the commensurate replicates aesthetics wood a of groundbreaking at premium the look and premium price finest with characteristics. signature tropical performance sold and is its
Following successful nationally Signature in XXXX, launches introductions XXXX. regional in
rate by several side to attachment we objective of point, program. offering the our increasing railing replicating at portfolio the On significantly choices additions our our price drive success tier launched to the every railing of of business, decking railing our
year. Rail railing rail premium market and railings new railing options in streamlined cable T-Rail, Frameless specialty X-Series and add total the and this to opens vinyl favorably million modern Signature $XXX popular available new of Select competes high-performance system our our X The will spring addressable Trex the with value-priced a X-Series company. line Glass be to
for contractors depth easier plugs, color clean deliver clips, engineered while aesthetic a efficient match, own installation screws specifically Trex fastener DIY Additionally, to collection, need bits, launched setters of range a which our and composite brand installers deck fastening making of includes solutions all every cohesive and and we for designed alike. and more from
product our a These provide supplier competitive year. launches partners products also new building experience. other advantage will a and will seamless in This deck future this one solutions available channel for from of be spring by the offering delivering end-to-end
product other In a XXXX against spending increased investments the year new marketing addition was segment. and outperformance on which and remodel branding sales development, larger drive repair of in to helped programs, and
inventory Notably, to strong closely lead worked channel levels our and And we to efficiently ensure that times traffic, and demand metrics together, posted allocate industry-leading service gains. XXXX, growing forward-looking sales marketing such our demand. partners we as sample web with spend year-on-year throughout optimize consumer with
in Our profitability the intense that expansion conversions resulted network. partner brand, the XXXX. our every Trex of focus on of with throughout channel development for proud improved along TrexPro in continued to achieved We're success Trex account ensuring the new also and product the
Our the deflation by for honored points, the recognitions in and our factors. by which those returning showing return for year. fast to to commitment X normalized price driven accolades were rates levels, Trex year and more This sustainability. major as gross margin basis even XXX prior strong efficiencies XXXX, saving cost not primarily by many of high-profile includes expanded production below ongoing received the projects.
Notably, is utilization was
XXXX to addition Vendor and earned of by XXX by ranking Investor's Newsweek of America's ESG the was sustainability Trex Year one best of companies. Partner companies responsible the low of In a Business most one the named Award, as for Daily,
embedded sustainable these with media. resonate on national responsibility corporate the and customers founded that in core principles, Trex. affirm environmental honors company are values stewardship the of and DNA our the And As
outlook Now for our I'd to turn like XXXX. to
underpin As earnings shared release, Several assumptions. year expect a in with and revenue we today's double-digit factors growth. strong EBITDA these
of $XX to Early $XX first December million benefit sales Buy quarter, from half expect the in have primarily incremental million quarter. we of in the XXXX, in first first we year's to this Program. the By the shifting First,
despite expectations and Second, 'XX. remodel to we single anticipate low larger mid-single-digit digits down repair underlying being demand growth of market our flat the in
railing value are to their consumers their adding want home. to while homes of increase enjoyment space in and staying Our Trex their and that. just decking longer the outdoor does
anyone homeowners options and provides choices, budget locations in else. with network, robust with every Trex Our available relevant most are to the portfolio than products thanks industry-leading distribution our more product for
addition ongoing in utilization, continuous gross programs. improved expect cost-out to benefits from improvement we our margin Third,
group have filled implementing to presently responsible for actions And and well-established for pipeline is they is project these beyond. We for programs. developing XXXX developing that pleased implementation phase. say I'm our a in that and actively and the are Also, XXXX
our inventory entered with the behaviors a our growth and relates year XX% stocking were the channel partners prior increased part high lower Finally, channel We of through in our growth level our product, of in approximately first Trex's inventories expectations are 'XX Year-end and down normalizing. decking lows, year-end XXXX. that for from brand, potential. quarter confidence
At CFO, call year for fourth Brenda I'll quarter over the this point, turn full review. to Brenda? and financial our Lovcik
