Tractor Supply Co
TSCO
ISIN US8923561067 / Valor 195977
Tractor Supply Co
UMushroom community rating:
About company
Tractor Supply Co, a Fortune 500 company listed on NASDAQ as TSCO, has been catering to the needs of recreational farmers, ranchers, homeowners, gardeners, and pet enthusiasts for over 85 years. As the largest rural lifestyle retailer in the U.S., Tractor Supply is known for its legendary customer service and commitment to helping customers pursue their passions, whether it be through caring for animals, DIY projects, or connecting with the land. With over 50,000 team members, Tractor Supply offers a wide range of products both in-store and online, ensuring customers have access to what they need at affordable prices. Additionally, the company operates Petsense by Tractor Supply, a pet specialty supply retailer with stores in 23 states, further expanding its reach and offerings to pet owners.
Summarized from source with an LLMView SourceSector: Consumer ServicesLatest Results (17.12.2024):
Net Sales Growth
In the third quarter of 2024, Tractor Supply Co reported a net sales increase of 1.6%, reaching $3.47 billion compared to $3.41 billion in the same quarter of the previous year. This growth was primarily driven by new store openings, despite a slight decline in comparable store sales.
Comparable Store Sales
Tractor Supply Co experienced a slight decrease of 0.2% in comparable store sales during the third quarter of 2024. This was due to a 0.3% increase in the average transaction count, which was offset by a 0.5% decrease in the average ticket size.
Earnings Per Share
The company reported diluted earnings per share (EPS) of $2.24 for the third quarter of 2024, a decrease of 3.9% from $2.33 in the third quarter of 2023. The prior year's EPS benefited from a one-time depreciation expense adjustment of $0.08.
Net Income and Operating Income
Tractor Supply Co's net income for the third quarter of 2024 decreased by 5.3% to $241.5 million, down from $255.0 million in the same period of the previous year. Operating income also saw a decline, reaching $324.6 million compared to $340.9 million in the third quarter of 2023.
Updated Financial Outlook
For fiscal year 2024, Tractor Supply Co updated its financial guidance, now expecting net sales between $14.85 billion and $15.0 billion, with comparable store sales ranging from 0.0% to +1.0%. The company also anticipates net income between $1.09 billion and $1.12 billion, with earnings per diluted share projected to be between $10.10 and $10.40.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
29108 M
Market cap (USD)
903,832
Daily traded volume (Shares)
54.5 / 53.33
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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