US Market News
1週前
Tractor Supply Expands Truck, Tool and Hardware Assortment With Launch of SKIL Power Tools and Electrical BrandsJune 1, 2026 11:04 AM
Business Wire Expanded Tool and Electrical Assortment Makes DIY Projects Easier Than Ever; Families Can Celebrate Father’s Day Together at Free In-Store Event June 13 Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, today announced a major, storewide expansion across its truck, tool and hardware categories, tailored to the needs of its shoppers. Led by the official launch of SKIL Power Tools and a complete, solutions-based reset of the electrical aisle, these initiatives strengthen Tractor Supply’s ability to equip project-driven customers looking to complete repairs, maintenance and home improvement jobs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601575275/en/Tractor Supply Expands Truck, Tool and Hardware Assortment with Launch of SKIL Power Tools and Electrical Brands These strategic investments combine accessible, high-performance power tools with a more intuitive, simplified shopping experience. By pairing professional-inspired tools with expanded electrical products from industry-leading brands, Tractor Supply is making it easier than ever for everyday DIYers, hobby farmers and contractors to find exactly what they need to get the job done in a single trip. “We continue to see customers taking on more repair, maintenance and improvement projects themselves,” said Randall Dodds, Senior Vice President and General Merchandising Manager at Tractor Supply. “The addition of SKIL and the expansion of our electrical assortment reflect how Tractor Supply is evolving to better serve those project-driven customers with trusted brands, simplified shopping and solutions that fit the way they live and work.” Performance Made Accessible with SKIL Power Tools SKIL brings a 100-year legacy of proven performance rooted in real work. Built to handle tough conditions around the home or jobsite, the initial rollout includes over 30 tools and accessories in stores with an expanded assortment online. Key highlights of the lineup include the versatile flip drill, circular saw, impact driver and stapler, with an exclusive SKIL grease gun designed specifically for Tractor Supply customers scheduled to launch later this summer. Designed with premium features at an affordable price, the SKIL brand delivers maximum convenience with universal USB-C charging and a single-battery system compatible across multiple tools. The assortment also has brushless motors for extended tool life and efficiency, all backed by a 5-year warranty for added confidence. Project-Based Solutions in the Reimagined Electrical Aisle Along with the new tools, Tractor Supply has completely refreshed its electrical aisle, adding 188 new SKUs from the nation’s top electrical, lighting and safety brands. The newly designed aisle is organized directly around how customers shop and work, bringing trusted national leaders like Klein Tools, Leviton, GE, Kidde and Coast together under one roof, balanced with Tractor Supply’s private label and exclusive offerings such as its Surge and JobSmart brands. The updated layout covers complete project needs across electrical and wiring devices, testing tools, power cords, lighting solutions and fire preparedness. Built for real-world conditions, the category offers year-round essentials alongside critical seasonal solutions. Customers can easily find proper equipment for upcoming indoor and outdoor projects, storm preparedness, winter readiness and fire safety. Gear Up for Father’s Day and Look Ahead to Tool Days The truck and tool expansion arrives just in time for Father’s Day gifting as Tractor Supply offers a wide variety of tools, hardware and outdoor equipment perfect for every dad. To celebrate, all Tractor Supply locations will host an interactive, in-store Father’s Day event on Saturday, June 13, where families and children can visit their local store to color stickers and personalize a tackle box for dad. The momentum will continue later this summer with Tractor Supply Tool Days. The highly anticipated seasonal event will showcase ultimate newness, hot deals and exclusive savings across all tool categories, highlighting the new SKIL Power Tools lineup. To shop the new assortments, visit tractorsupply.com/tsc/brand/skil and tractorsupply.com/tsc/catalog/electrical. About Tractor Supply Company For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve. As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the United States, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here. As of March 28, 2026, the Company operated 2,435 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601575275/en/ Mary Winn Pilkington (615) 440-4212
corporatecommunications@tractorsupply.com Original: Tractor Supply Expands Truck, Tool and Hardware Assortment With Launch of SKIL Power Tools and Electrical Brands
US Market News
2週前
Bansk Group Announces Sale of PetIQ's Veterinary Services Business to Tractor Supply CompanyMay 28, 2026 9:02 AM
PR Newswire (US) Transaction Marks a Key Step in PetIQ's Evolution into a Leading Branded Pet Health & Wellness CompanyNEW YORK, May 28, 2026 /PRNewswire/ -- Bansk Group ("Bansk"), a consumer-focused private investment firm dedicated to building distinctive consumer brands, today announced that its portfolio company, PetIQ, Inc. ("PetIQ"), has completed the sale of its veterinary services business, VIP Petcare, to Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States. Financial terms of the transaction were not disclosed.PetIQ is a leading pet health and wellness company that develops, manufactures and distributes a differentiated portfolio of branded over-the-counter ("OTC") pet medications and wellness products – including PetArmor®, Capstar®, Nexstar®, Minties®, VetIQ®, and Rocco & Roxie®, among others, available to pet parents through retail and e-commerce channels across more than 60,000 points of distribution nationwide. The sale of VIP Petcare reflects the substantial growth the business has achieved under Bansk's ownership since 2024, including establishing itself as the nation's preeminent mobile veterinary care platform."Bansk's strategy is centered around building exceptional brand-led consumer businesses and when we acquired PetIQ, we saw the opportunity to help shape a category leader in pet health and wellness," said Chris Kelly, Senior Partner of Bansk Group. "Since then, we've partnered closely with PetIQ leadership to enhance and scale VIP Petcare into the largest mobile veterinary care business in the country, while also accelerating PetIQ's vision to become the leading brand-led pet health and wellness company. Tractor Supply's acquisition is exactly aligned with the outcome our value creation playbook is designed to produce – and it is a reflection of our ability to build distinctive businesses that attract best-in-class strategic acquirers. We look forward to continuing to work with the PetIQ team to accelerate the growth of its core brands and products business, where we see significant runway ahead.""This transaction marks an exciting new chapter for PetIQ, and we are well-positioned to realize our full potential as a leading brand-led pet health and wellness company," said Camillo Pane, Chief Executive Officer of PetIQ. "Bansk's partnership was instrumental in scaling VIP Petcare into the nation's preeminent mobile veterinary care business, and this outcome is a testament to what we built together. We are confident in what the team will continue to build as part of Tractor Supply Company."William Blair served as financial advisor, and Davis Polk served as legal counsel to Bansk Group and PetIQ. Centerview Partners served as financial advisor, and Sidley Austin served as legal counsel to Tractor Supply.About Bansk GroupFounded in 2019, Bansk Group is a New York-based private investment firm focused on investing in and building distinctive consumer brands. With over $5 billion in assets under management, the firm partners with differentiated brands across four primary consumer categories: personal care, consumer health, food & beverage, and household products.Bansk's tenured group of investors and operators have invested more than $30 billion of equity capital across more than 40 transactions with some of the most innovative and well-known consumer companies in the world. With more than three decades of investment experience in the consumer products industry, a global network of relationships, and a tested value creation playbook, Bansk seeks to partner with exceptional founders and management teams to drive outsized organic and acquisitive growth and to position brands for enduring long-term success in the evolving consumer landscape www.banskgroup.comAbout PetIQHeadquartered in Idaho, PetIQ's purpose is to champion pet parents in raising healthier, happier pets by delivering smarter pet health and wellness solutions that are innovative, accessible, educational, and always effective. PetIQ specializes in developing, manufacturing, and distributing a diverse portfolio of high-quality, branded medications primarily focused on over-the-counter ("OTC") flea & tick products, dental treats, and other wellness and nutritional products for companion pets. With brands like PetArmor®, Capstar®, Nextstar®, Minties®, VetIQ®, and Rocco & Roxie® and world-class manufacturing and distribution facilities in Omaha, Nebraska, Springville, Utah and Daytona Beach, Florida, PetIQ is able to deliver trusted solutions to help pets live their best lives, every day.About Tractor Supply CompanyFor more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company's more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.As part of the Company's commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet and animal pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer's doorstep, Tractor Supply is here to serve and support Life Out Here.As of March 28, 2026, the Company operated 2,435 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.ContactsBansk Group
Woomi Yun / Erik Carlson / Madeline Jones
Joele Frank, Wilkinson Brimmer Katcher
+1 212-355-4449 View original content:https://www.prnewswire.com/news-releases/bansk-group-announces-sale-of-petiqs-veterinary-services-business-to-tractor-supply-company-302784502.htmlSOURCE Bansk Group Original: Bansk Group Announces Sale of PetIQ's Veterinary Services Business to Tractor Supply Company
US Market News
2月前
Tractor Supply Company Reports First Quarter 2026 Financial Results; Reaffirms Fiscal Year 2026 OutlookApril 21, 2026 6:55 AM
Business Wire
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States (the “Company”), today reported financial results for its first quarter ended March 28, 2026.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260421543068/en/
Net Sales Increased 3.6% to $3.59 Billion
Comparable Store Sales Increased 0.5%
Diluted Earnings per Share (“EPS”) of $0.31
Company Reaffirms Fiscal Year 2026 Outlook, Including Comparable Store Sales Growth of 1% to 3% and Diluted EPS of $2.13 to $2.23
“We delivered solid performance across the majority of our business in the first quarter, supported by our needs-based model and ongoing customer engagement. We continued to gain market share in farm and ranch and had strong double-digit growth in digital sales. Performance was positive across four of our five product categories. While companion animal trailed the Company average, we are taking decisive actions to improve its performance. I want to thank our more than 52,000 Team Members for their ongoing dedication to serving our customers and living our Mission and Values each day,” said Hal Lawton, President and Chief Executive Officer of Tractor Supply.
“We remain confident in our outlook and our ability to drive continued market share gains as our customers remain engaged. The underlying health of Tractor Supply remains strong, supported by a loyal customer base, a differentiated business model and consistent execution.”
First Quarter 2026 Results
Net sales for the first quarter of 2026 increased 3.6% to $3.59 billion from $3.47 billion in the first quarter of 2025. The increase in net sales was driven by robust new store openings and, to a lesser extent, growth in comparable store sales. Comparable store sales increased 0.5% compared to a decrease of 0.9% in the prior year’s first quarter. Comparable average ticket increased 1.6%, partially offset by a comparable average transaction count decrease of 1.0%. The Company delivered strong double-digit growth in digital sales. Four of five product categories delivered positive comparable sales growth in the quarter, complemented by strength in big ticket items. Companion animal performance was below the Company average, reflecting softer demand trends, category shifts and an unfavorable product mix.
Gross profit increased 3.6% to $1.30 billion from $1.26 billion in the prior year’s first quarter, and gross margin was flat with the prior year at 36.2%. The gross margin rate benefited from disciplined product cost management and the continued execution of an everyday low price strategy, offset by higher tariffs and delivery-related transportation costs.
Selling, general and administrative (“SG&A”) expenses, including depreciation and amortization, increased 6.1% to $1.07 billion from $1.01 billion in the prior year’s first quarter. As a percent of net sales, SG&A expenses increased 70 basis points to 29.7% from 29.0% in the first quarter of 2025. The increase in SG&A, as a percent of net sales, was primarily attributable to deleverage of fixed costs given the comparable store sales performance and an accelerated new store opening cadence, partially offset by an ongoing focus on productivity and cost discipline.
Operating income decreased 6.3% to $233.4 million from $249.1 million in the first quarter of 2025.
The effective income tax rate was 23.2% compared to 21.8% in the first quarter of 2025. The effective tax rate for the prior year’s first quarter was impacted by the timing of discrete items.
Net income decreased 8.3% to $164.5 million from $179.4 million in the prior year’s first quarter. Diluted EPS decreased 7.2% to $0.31 compared to $0.34.
The Company repurchased approximately 2.3 million shares of its common stock for $118.0 million and paid quarterly cash dividends totaling $126.4 million, returning a total of $244.4 million of capital to shareholders in the first quarter of 2026.
The Company opened 40 new Tractor Supply stores and closed one Petsense by Tractor Supply store in the first quarter of 2026.
Fiscal Year 2026 Financial Outlook
Based on year-to-date performance and its outlook, Tractor Supply reiterates the following financial guidance for fiscal year 2026, initially provided on January 29, 2026:
Outlook
Net Sales
+4% to +6%
Comparable Store Sales
+1% to +3%
Operating Margin Rate
9.3% to 9.6%
Net Income
$1.11 billion to $1.17 billion
Earnings per Diluted Share
$2.13 to $2.23
Conference Call Information
Tractor Supply Company will hold a conference call today, Tuesday, April 21, 2026 at 10 a.m. ET. The call will be webcast live at IR.TractorSupply.com.
Please allow extra time prior to the call to visit the site and download the streaming media software required to access the webcast.
A replay of the webcast will also be available at IR.TractorSupply.com shortly after the call concludes.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet and animal pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of March 28, 2026, the Company operated 2,435 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
Forward-Looking Statements
This press release contains certain forward-looking statements, including statements regarding market share gains, value creation, customer trends, new stores and distribution centers, property development plans, return of capital, financial guidance for fiscal 2026, including net sales, comparable store sales, operating margin rates, net income and earnings per diluted share. All forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. Forward-looking statements are usually identified by or are associated with such words as “will,” “intend,” “would,” “expect,” “continue,” “believe,” “anticipate,” “optimistic,” “forecasted” and similar terminology. Actual results could vary materially from the expectations reflected in these statements. As with any business, all phases of our operations are subject to facts outside of our control. These factors include, without limitation, the impact of the recent and potential future tariff announcements and the corresponding macroeconomic pressures and those factors discussed in the “Risk Factors” section of the Company’s Annual Reports or Form 10-K and other filings with the Securities and Exchange Commission. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.
(Financial tables to follow)
Consolidated Statements of Income
(Unaudited)
(in thousands, except per share and percentage data)
For the Fiscal Three
Months Ended
March 28,
2026
March 29,
2025
% of
% of
Net
Net
Sales
Sales
Net sales
$
3,592,046
100.00
%
$
3,466,952
100.00
%
Cost of merchandise sold
2,290,861
63.78
2,211,530
63.79
Gross profit
1,301,185
36.22
1,255,422
36.21
Selling, general and administrative expenses
941,153
26.20
886,206
25.56
Depreciation and amortization
126,601
3.52
120,079
3.46
Operating income
233,431
6.50
249,137
7.19
Interest expense, net
19,108
0.53
19,641
0.57
Income before income taxes
214,323
5.97
229,496
6.62
Income tax expense
49,799
1.39
50,127
1.45
Net income
$
164,524
4.58
%
$
179,369
5.17
%
Net income per share - basic
$
0.31
$
0.34
Net income per share - diluted
$
0.31
$
0.34
Weighted average shares outstanding:
Basic
526,327
531,730
Diluted
528,136
534,099
Dividends declared per common share outstanding
$
0.24
$
0.23
Note: Percent of net sales amounts may not sum to totals due to rounding.
Consolidated Statements of Comprehensive Income
(Unaudited)
(in thousands)
For the Fiscal Three
Months Ended
March 28,
2026
March 29,
2025
Net income
$
164,524
$
179,369
Other comprehensive loss:
Change in fair value of interest rate swaps, net of taxes
—
(1,217
)
Total other comprehensive loss
—
(1,217
)
Total comprehensive income
$
164,524
$
178,152
Consolidated Balance Sheets
(Unaudited)
(in thousands)
March 28,
2026
March 29,
2025
ASSETS
Current assets:
Cash and cash equivalents
$
224,269
$
231,717
Inventories
3,583,601
3,213,885
Prepaid expenses and other current assets
222,440
210,480
Income taxes receivable
11,286
—
Total current assets
4,041,596
3,656,082
Property and equipment, net
3,132,326
2,752,137
Operating lease right-of-use assets
4,031,692
3,502,880
Goodwill and other intangible assets
398,213
400,656
Other assets
58,270
73,562
Total assets
$
11,662,097
$
10,385,317
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable
$
1,760,426
$
1,559,210
Accrued employee compensation
20,977
17,487
Other accrued expenses
674,003
587,800
Current portion of finance lease liabilities
7,128
2,847
Current portion of operating lease liabilities
455,159
403,600
Income taxes payable
12,028
29,570
Total current liabilities
2,929,721
2,600,514
Long-term debt
2,125,726
2,082,721
Finance lease liabilities, less current portion
35,157
24,289
Operating lease liabilities, less current portion
3,785,608
3,248,270
Deferred income taxes
113,354
41,649
Other long-term liabilities
158,782
149,334
Total liabilities
9,148,348
8,146,777
Stockholders’ equity:
Common stock
7,134
7,123
Additional paid-in capital
1,454,387
1,382,807
Treasury stock
(6,505,040
)
(6,119,065
)
Accumulated other comprehensive income
—
—
Retained earnings
7,557,268
6,967,675
Total stockholders’ equity
2,513,749
2,238,540
Total liabilities and stockholders’ equity
$
11,662,097
$
10,385,317
Consolidated Statements of Cash Flows
(Unaudited)
(in thousands)
For the Fiscal Three Months Ended
March 28,
2026
March 29,
2025
Cash flows from operating activities:
Net income
$
164,524
$
179,369
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
126,601
120,079
Gain on disposition of property and equipment
(22,741
)
(17,415
)
Share-based compensation expense
17,631
13,226
Deferred income taxes
23,501
1,677
Change in assets and liabilities:
Inventories
(499,515
)
(355,486
)
Prepaid expenses and other current assets
(19,953
)
(11,320
)
Accounts payable
369,593
311,807
Accrued employee compensation
(93,864
)
(83,666
)
Other accrued expenses
(11,047
)
2,609
Income taxes
27,787
46,526
Other
8,603
9,369
Net cash provided by operating activities
91,120
216,775
Cash flows from investing activities:
Capital expenditures
(202,610
)
(141,280
)
Proceeds from sale of property and equipment
31,274
20,851
Acquisition of Allivet, net of cash acquired
—
(140,625
)
Net cash used in investing activities
(171,336
)
(261,054
)
Cash flows from financing activities:
Borrowings under debt facilities
1,480,000
605,000
Repayments under debt facilities
(1,120,000
)
(355,000
)
Principal payments under finance lease liabilities
(717
)
(1,068
)
Repurchase of shares to satisfy tax obligations
(14,102
)
(13,960
)
Repurchase of common stock
(118,019
)
(95,082
)
Net proceeds from issuance of common stock
9,595
7,016
Cash dividends paid to stockholders
(126,381
)
(122,401
)
Net cash provided by financing activities
110,376
24,505
Net increase (decrease) in cash and cash equivalents
30,160
(19,774
)
Cash and cash equivalents at beginning of period
194,109
251,491
Cash and cash equivalents at end of period
$
224,269
$
231,717
Selected Financial and Operating Information
(Unaudited)
For the Fiscal Three
Months Ended
March 28,
2026
March 29,
2025
Sales Information:
Comparable store sales increase/(decrease)
0.5
%
(0.9
)%
New store sales (% of total sales)
3.1
%
2.8
%
Average transaction value
$
57.71
$
56.87
Comparable store average transaction value increase/(decrease) (a)
1.6
%
(2.9
)%
Comparable store average transaction count increase/(decrease)
(1.0
)%
2.1
%
Total selling square footage (000’s)
41,438
39,353
Owned Brands and Exclusive Product Categories (% of total sales) (b)
31.8
%
30.9
%
Imports (% of total sales)
10.6
%
11.2
%
Store Count Information:
Tractor Supply
Beginning of period
2,395
2,296
New stores opened
40
15
Stores closed
—
—
End of period
2,435
2,311
Petsense by Tractor Supply
Beginning of period
207
206
New stores opened
—
2
Stores closed
(1
)
(2
)
End of period
206
206
Consolidated end of period
2,641
2,517
Pre-opening costs (000’s)
$
4,284
$
2,512
Balance Sheet Information:
Average inventory per store (000’s) (c)
$
1,278.3
$
1,202.1
Inventory turns (annualized)
2.92
3.00
Share repurchase program:
Cost (000’s) (d)
$
118,811
$
93,827
Average purchase price per share
$
50.75
$
54.39
(a) Comparable store average transaction value changes include the impact of transaction value changes achieved on the current period change in transaction count.
(b) Beginning in the fiscal year ended December 27, 2025, the metric of exclusive brands as a percentage of total sales, which historically included only Tractor Supply Owned Brands, was revised to include both Tractor Supply Owned Brands and Exclusive Product Categories as a percentage of total sales. Prior period amounts have been recast to conform to the current year presentation.
(c) Assumes average inventory cost, excluding inventory in transit.
(d) Effective January 1, 2023, the Company’s share repurchases are subject to a 1% excise tax as a result of the Inflation Reduction Act of 2022. Excise taxes incurred on share repurchases represent direct costs of the repurchase and are recorded as a part of the cost basis of the shares within treasury stock.
Note: Comparable store metrics percentages may not sum to total due to rounding.
For the Fiscal Three
Months Ended
March 28,
2026
March 29,
2025
Capital Expenditures (in millions):
New stores, relocated stores and stores not yet opened
$
93.7
$
59.5
Existing stores
52.6
43.0
Information technology
34.1
26.0
Distribution center capacity and improvements
22.0
8.0
Corporate and other
0.2
4.8
Total
$
202.6
$
141.3
View source version on businesswire.com: https://www.businesswire.com/news/home/20260421543068/en/
Mary Winn Pilkington (615) 440-4212
Rena Clayton Rolfe (615) 647-1561
investorrelations@tractorsupply.com
Original: Tractor Supply Company Reports First Quarter 2026 Financial Results; Reaffirms Fiscal Year 2026 Outlook
US Market News
2月前
Tractor Supply Gears up for 4-H Paper Clover Fundraiser, Adds Gift Component Through TSC FoundationApril 16, 2026 1:52 PM
Business Wire
Biannual fundraiser helps plant the seeds for a brighter future for 4-H youth
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, is ready to kick off its spring Paper Clover fundraiser, a biannual event that has generated millions of dollars in scholarships for 4-H youth. From April 17 through May 3, customers can purchase a paper clover at checkout in Tractor Supply stores nationwide or online at TractorSupply.com.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260416740975/en/Tractor Supply's biannual fundraiser helps plant the seeds for a brighter future for 4-H youth.
The Tractor Supply Company Foundation has announced a bonus competition for the 2026 spring Paper Clover campaign. On Saturday, April 25, local 4-H organizations will be in Tractor Supply stores nationwide for Demo Days and will compete for additional grants based on their state's average fundraising performance. The top state will receive an additional $10,000; second place receives an additional $5,000 and third place will receive $1,000.
The Demo Days event is an opportunity for customers to test drive zero-turn and riding mowers at stores nationwide. On Saturday, April 25 and Sunday, April 26 from 10 a.m. to 4 p.m., customers can shop Tractor Supply’s biggest lineup of zero-turn and front engine mowers ever and take them for a spin through a parking lot obstacle course. Customers who test drive a mower will receive a free Tractor Supply hat, while supplies last.
“The Paper Clover campaign supports the future of agriculture through 4-H programs across the country,” said John Ordus, Chief Stores Officer at Tractor Supply and member of the National 4-H Council Board of Trustees. “4-H offers hands-on experiences that give every student the tools they need to succeed. With Paper Clover, we ensure that all students can access these life-changing programs. We are so pleased with what we have achieved in partnership with our Team Members, customers and communities and look forward to another milestone fundraiser.”
Together, Tractor Supply and 4-H have raised more than $26 million for the nation’s youth. The fundraiser, now in its 16th year, strengthens educational programs for 4-H members to engage in hands-on career and life skills projects, participate in leadership and public speaking training, learn from industry leaders and develop the skills necessary to take on leadership roles – all to prepare them for work and life.
During the 2024 Paper Clover fundraiser, Tractor Supply raised over $2.3 million for 4-H youth nationwide. Ninety percent of all donations directly support 4-H youth in the state in which they were made, while the remaining 10% support national 4-H programming.
“Events like Demo Day bring communities into Tractor Supply stores in a fun, hands-on way and make it easy to support something bigger. When customers choose to purchase a Paper Clover, they help 4-H youth gain access to experiences that build confidence, develop practical, work-ready skills and open doors for what’s ahead,” said Heather Elliott, Chief Development and Marketing Officer at National 4-H Council. “This support is critical to 4-H’s Beyond Ready initiative to prepare 10 million young people for work and life. It’s a simple action that makes a real difference locally - giving back to the community while equipping young people with the skills they need for their future.”
4-H is America’s largest youth development organization, empowering nearly six million young people with the skills to be productive, healthy and engaged. Its research-based programming includes activities in the areas of agriculture, health, science and civic engagement, and the guidance and lifelong skills necessary to succeed in college and career. In 2024 4-H launched the Beyond Ready initiative to help 10 million youth become ready for life and work by 2030.
For more information on Tractor Supply’s Paper Clover campaign to support 4-H youth, visit tractorsupply.com/tsc/cms/4h.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet and animal pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of December 27, 2025, the Company operated 2,395 Tractor Supply stores in 49 states and 207 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
About 4-H
4-H, the nation’s largest youth development organization, grows confident young people who are empowered for life today and prepared for careers tomorrow. 4-H programs reach nearly six million young people across the U.S. through experiences that develop critical life skills. Through the Beyond Ready national initiative, 4-H aims to increase that number to ten million youth annually by 2030. 4-H is the youth development program of our nation’s Cooperative Extension System and USDA and serves every county and parish in the U.S. through a network of 110 public universities and more than 3,000 local Extension offices. Globally, 4-H collaborates with independent programs to empower one million youth in 50 countries. The research-backed 4-H experience grows young people who are four times more likely to contribute to their communities; two times more likely to make healthier choices; two times more likely to be civically active; and two times more likely to participate in STEM programs.
Learn more about 4-H at 4-H.org and follow us on Facebook, Instagram and LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260416740975/en/
Mary Winn Pilkington (615) 440-4212
corporatecommunications@tractorsupply.com
Original: Tractor Supply Gears up for 4-H Paper Clover Fundraiser, Adds Gift Component Through TSC Foundation
US Market News
2月前
Tractor Supply Digs Into Spring With Demo Days and Yard & Garden DaysApril 13, 2026 3:58 PM
Business Wire
Customers nationwide can test drive an extensive lineup of zero-turn and riding mowers on April 25 & 26 with exclusive offers on lawn and garden supplies until May 10
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today the return of its Demo Days event, an opportunity for customers to test drive zero-turn and riding mowers at stores nationwide. On Saturday, April 25 and Sunday, April 26 from 10 a.m. to 4 p.m., customers can shop Tractor Supply’s biggest lineup of zero-turn and front engine mowers ever and take them for a spin through a parking lot obstacle course. Customers who test drive a mower will receive a free Tractor Supply hat while supplies last. Door-buster deals will also be available all weekend long.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260413965539/en/Customers nationwide can test drive an extensive lineup of zero-turn and riding mowers at Tractor Supply Company on April 25 & 26 with exclusive offers on lawn and garden supplies until May 10.
“Spring is one of the most energizing times Out Here, and Tractor Supply is ready to help our customers get back to what they love—bringing their land to life,” said Seth Estep, Chief Merchandising Officer at Tractor Supply. “A riding or zero-turn mower is an important purchase for many of our customers, and Demo Days gives them the chance to test drive, compare their options and make a confident decision—with a little fun along the way.”
Let’s Ride
As one of the largest sellers of zero-turn riding mowers in the country, Tractor Supply stores feature an extensive lineup from noteworthy brands including Bad Boy, Cub Cadet, Toro and Husqvarna. Whether considering the Bad Boy 54-inch Magnum or 60-inch Elite, the Cub Cadet Ultima or Enduro Series, the Husqvarna Z242F Zero-Turn or the Toro Titan Max 60, customers can find the mower perfect for their property and price point, from $2999 to $9999. Tractor Supply also features an expanded assortment of commercial-grade units.
For the first time, stores in California now feature new and exclusive California Air Resource Board (CARB) compliant mowers that meet the state’s air quality emissions standards. These include Bad Boy Gas-Powered Mowers, Toro Gas Push Mowers and more.
Knowledgeable Team Members are always available to provide recommendations and guidance, while customers with a TSC Credit Card can access flexible financing options with no annual fee. Visit tractorsupply.com/tsc/cms/demo-days to learn more.
It’s Grow Time
Demo Days are just one part of the seasonal celebration taking place at Tractor Supply. Yard and Garden Days are officially underway in stores until Sunday, May 10, featuring special offers on planters, vegetables, herbs, flowers and more from brands including Scotts®, Miracle-Gro®, Bonnie and Living Seasons. In addition to the 750 Tractor Supply Garden Center locations, 500+ select Tractor Supply stores will include Garden Tents for a limited time, featuring a curated selection of live goods such as plants, flowers, house plants and more.
If you’re ready to get growing, visit tractorsupply.com/tsc/lawn-garden.
Note: Cub Cadet mowers are not available in California.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet and animal pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of December 27, 2025, the Company operated 2,395 Tractor Supply stores in 49 states and 207 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260413965539/en/
Mary Winn Pilkington (615) 440-4212
corporatecommunications@tractorsupply.com
Original: Tractor Supply Digs Into Spring With Demo Days and Yard & Garden Days
US Market News
3月前
Tractor Supply Surpasses $1 Million to Expand Hands-on Learning for Future Agriculture LeadersMarch 24, 2026 10:57 AM
Business Wire
Annual Grants for Growing fundraiser helps FFA chapters nationwide access tools, facilities and real-world experiences that prepare students for in-demand careers
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States (the “Company”), announced today that its 11th annual Grants for Growing fundraiser raised more than $1 million. During the four-week event, Tractor Supply customers supported the effort by purchasing paper FFA emblems at checkout, which will in turn provide thousands of FFA members across the country with the resources to engage in hands-on learning experiences that prepare them for careers in agriculture and skilled trades.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324902627/en/Tractor Supply and FFA celebrated 40 years of partnership at the 98th Annual National FFA Convention and Expo where Tractor Supply was awarded the Distinguished Service Citation.
“Each year, our customers help turn small acts at checkout into meaningful opportunities for FFA members across the country,” said Joe Fell, Tractor Supply Vice President – Merchandise Presentation, Promotions and Events and a member of the FFA Sponsor Board. “Grants for Growing brings hands-on learning to life—giving students access to the tools, skills and experiences that shape their future and strengthen the communities we call home.”
Since 2016, Tractor Supply customer donations have supported grant requests including greenhouse construction, beekeeping materials, farm equipment, embroidery machines, curriculum improvement and beyond. FFA chapters can apply for a grant of up to $5,000 until May 15 by submitting details of a project that fits into one of three focus areas: Grow Your Classroom, Grow Your FFA Chapter or Grow Your Ag Awareness.
Grants in Action
In 2025, Grants for Growing funds enabled Haymon Morris Middle School FFA members in Winder, Georgia, to access materials and equipment to construct simple electrical circuits and woodworking projects as part of the Exploratory Agriculture program.
“I never really thought agriculture was such a hands-on class. I enjoyed getting my hands dirty with woodworking and electricity. It makes me want to look more into agricultural mechanics and take that class in high school," said Kaori, an eighth grader at Haymon Morris.
"This has by far been one of my favorite projects. I get to not only learn about this, but I actually get to do it,” added classmate, Beau.
Milford FFA members in Milford, Texas, shared similar feedback after using new electrical equipment purchased with grant funding.
“Students who have zero experience with electricity are finally seeing what a circuit is,” said Stephanie Thoms, Milford Ag teacher and FFA Advisor. “They are getting to experience the success of solving electrical problems and also making the connection in real-time as to why a system isn’t working and what they can do to fix the problem.”
These experiences provide exposure to new fields that can, in turn, lead students to pursue in-demand career opportunities. The U.S. Bureau of Labor Statistics projects that overall employment in construction and extraction occupations, which include electricians, carpenters and metalworkers, is projected to grow faster than the average for all occupations from 2024 to 2034.
An Enduring Partnership
Tractor Supply has been a proud partner of FFA since 1985, donating nearly $24 million through various initiatives to support FFA’s work preparing members for leadership and careers in the science, business and technology of agriculture. Tractor Supply also supports FFA members through the FFA Future Leaders Scholarship program. Established in 2022, Tractor Supply committed $5 million over five years, making it the largest agriculture scholarship fund of its kind. Through the fund, nearly 300 students have been awarded scholarships to support their ongoing education at four-year universities, two-year colleges or vocational and trade schools.
FFA is a dynamic youth organization that prepares members for premier leadership, personal growth and career success through agricultural education. The organization develops members’ potential and helps them discover their talent through hands-on experiences, which give members the tools to achieve real-world success.
To learn more about Grants for Growing, visit ffa.org/grants-for-growing.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet and animal pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of December 27, 2025, the Company operated 2,395 Tractor Supply stores in 49 states and 207 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
About National FFA Organization
The National FFA Organization is a school-based national youth leadership development organization of more than 1,042,245 student members as part of 9,407 local FFA chapters in all 50 states, Puerto Rico and the U.S. Virgin Islands. The FFA mission is to make a positive difference in the lives of students by developing their potential for premier leadership, personal growth and career success through agricultural education. For more, visit the National FFA Organization online at FFA.org and on Facebook and Twitter.
About National FFA Foundation
The National FFA Foundation builds partnerships with industry, education, government, other foundations, and individuals to secure financial resources that recognize FFA member achievements, develop student leaders, and support the future of agricultural education. Governed by a 19-member board of trustees composed of educators, business leaders, individual donors and FFA Alumni, the foundation is a separately registered nonprofit organization. About 82 percent of every dollar received by the foundation supports FFA members and agricultural education opportunities. For more, visit FFA.org/Give.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260324902627/en/
Mary Winn Pilkington (615) 440-4212
corporatecommunications@tractorsupply.com
Original: Tractor Supply Surpasses $1 Million to Expand Hands-on Learning for Future Agriculture Leaders
US Market News
4月前
Tractor Supply Announces a Flock of Animal-Friendly Festivities Launching This MonthFebruary 16, 2026 9:00 AM
Business Wire
Two legs or four, fur or feathers, there’s something for everyone during Tractor Supply’s February events, including Chick Days, Animal Days and local Farm Bash celebration on Saturday, February 21
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today a dynamic lineup of animal-focused events launching in February. From everyone’s favorite Chick Days to the debut of Animal Days, pet parents and animal owners can enjoy savings, supplies, adoptions and in-store activities like never before.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216696194/en/Two legs or four, fur or feathers, there's something for everyone during Tractor Supply's February events, including Chick Days, Animal Days and local Farm Bash celebration on Saturday, February 21.
“Pets and animals are a big part of Life Out Here, and we are eager to celebrate the role they play, whether on the farm or ranch, or in our homes,” said Nicole Logan, Senior Vice President, General Merchandise Manager at Tractor Supply. “Through Animal Days and Chick Days, Tractor Supply provides pet and animal owners with access to all the products and resources they need, along with valuable discounts, special savings and exciting giveaways. We’re thrilled to kick off these events with a Farm Bash celebration on Saturday, February 21, that brings our local communities together in honor of the animals we love and care for every day.”
Tractor Supply’s Chick Days Chick Has Officially Hatched
To kick off Tractor Supply’s annual Chick Days event, the retailer invited social media followers to name its Chick Days mascot. After narrowing thousands of submissions down to 10, the public selected a clear winner: Introducing Coop!
Coop is helping to spread the word that Chick Days have hatched. For all customers looking to get started with chicks or for those looking to grow their flock, Tractor Supply’s live chicks, ducks and more poultry breeds are now in stores. Customers can purchase birds in store through September 13, and online all year round, while enjoying new breeds and products and exciting offers from sponsors including Purina, Cluck & Co, Nutrena, DuMOR, ImPECKables, Flock Party and Nature’s Best Organics.
During Chick Days and beyond, Tractor Supply has all the products, supplies, food, treats and toys to keep all poultry breeds happy and healthy long after they arrive home. And with experienced and insightful chick experts on staff, Tractor Supply is the go-to Poultry Place 365 days a year.
For more information on Chick Days, visit TractorSupply.com/ChickDays.
Tractor Supply Introduces Animal Days
To celebrate our passion for pets and animals of all kinds, Tractor Supply is introducing Animal Days – a nine-day savings celebration. From February 21 through March 1, customers can enjoy exclusive deals on pet and animal products, treats, toys, health and wellness care and supplies. Animal Days features special offers, including save 10% on feed and forage when you buy dry dog or dry cat food, from both popular national brands and trusted exclusive brands.
Whether their stomping grounds are the backyard or the barnyard, Tractor Supply has an extensive assortment of pet and animal products in store and online.
Starting Saturday, February 21, customers can visit tractorsupply.com/tsc/cms/digital-flyer to see additional Animal Days offers.
Party with Leashed Pets and Animals During Farm Bash
On Saturday, February 21, Tractor Supply stores nationwide are hosting a Farm Bash to celebrate the start of Animal Days. From 10 a.m. to 2 p.m. local time, customers and their leashed animals can stop by to enjoy dog and horse treat tastings from 4health and Purina, special items like limited-edition bandanas, surprise giveaways and doorbuster deals, including $1 jumbo tennis balls from Retriever. Local stores may have additional activities and vendors, while 500 select Tractor Supply stores are partnering with Petfinder to host a special dog adoption event.
PepsiCo, Inc., a proud supporter of Tractor Supply’s Animal Days, is also joining in the Farm Bash festivities with $120,000 in donations to local animal shelters across the country.
Learn more about Farm Bash here, and visit your local Tractor Supply store to check out the full Farm Bash lineup. To find a Tractor Supply store near you, visit TractorSupply.com/StoreLocator.
About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 296 on the Fortune 500. The Company’s more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.
As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, and Allivet, a leading online pet pharmacy, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.
As of December 27, 2025, the Company operated 2,395 Tractor Supply stores in 49 states and 207 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260216696194/en/
Mary Winn Pilkington (615) 440-4212
corporatecommunications@tractorsupply.com
Original: Tractor Supply Announces a Flock of Animal-Friendly Festivities Launching This Month
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