Welcome to our dedicated page for Tractor Supply news (Ticker: TSCO), a resource for investors and traders seeking the latest updates and insights on Tractor Supply stock.
Tractor Supply Co. (TSCO) is the largest operator of retail farm and ranch stores in the United States. Founded in 1938 by Charles E. Schmidt, Sr. as a mail-order tractor parts business, the company has grown significantly over its 75+ years of service. Today, Tractor Supply operates over 2,233 stores across 49 states, including 81 Orscheln Farm and Home stores, which have been rebranded as Tractor Supply, and 202 Petsense by Tractor Supply stores.
Tractor Supply is not just about tractors. The company offers a wide range of products that cater to farmers, ranchers, pet owners, hobbyists, construction workers, and suburban landowners. The product categories include livestock, equine & agriculture (27% of revenue), companion animal (25%), and seasonal & recreation (22%). These products range from lawn and animal care items to equipment and clothing, making Tractor Supply an essential part of the communities it serves.
Recent achievements for the company include the continuous expansion of its store network and the enhancement of its product offerings to meet the diverse needs of its customer base. Tractor Supply also prides itself on its deep connection with rural communities, where it serves as a vital source of expertise and advice.
Financially, Tractor Supply has demonstrated robust performance, driven by its strategic focus on rural America and the commitment to providing high-quality products and exceptional customer service. The company's steady growth and strong market presence make it one of the fastest-growing retail organizations in the nation.
Tractor Supply continues to pursue new projects and partnerships to further solidify its market position and to better serve its diverse customer base. The company’s stores are generally located in rural areas, where people have a strong connection to the land, aligning with Tractor Supply’s mission to support the lifestyle and work of its customers.
Tractor Supply Company (NASDAQ: TSCO) has announced two significant shareholder-friendly moves. The Board of Directors increased the quarterly dividend by 4.5% to $0.23 per share ($0.92 annualized) for fiscal year 2025, marking the company's 16th consecutive year of dividend increases. Additionally, the Board authorized a $1 billion increase to its existing share repurchase program, bringing the total authorization to $7.5 billion.
As of December 28, 2024, TSCO had repurchased 357.4 million shares for approximately $6.03 billion since the program's inception in 2007. The company currently operates 2,296 Tractor Supply stores across 49 states and 206 Petsense by Tractor Supply stores in 23 states. The next dividend payment is scheduled for March 11, 2025, to stockholders of record as of February 26, 2025.
Tractor Supply Company (NASDAQ: TSCO) is celebrating its tenth annual Grants for Growing fundraiser supporting FFA chapters nationwide. The event, running until February 22, allows customers to purchase paper FFA emblems at checkout to support competitive grants of up to $5,000 for middle and high school FFA chapters.
The program focuses on three key areas: Grow Your Classroom for increasing classroom knowledge, Grow Your FFA Chapter for chapter development, and Grow Your Ag Awareness for agricultural literacy initiatives. Success stories include Quapaw FFA's robotics project, Trent FFA's greenhouse program, and Sidney FFA's community composting initiative.
To date, Tractor Supply has awarded 1,795 grants impacting over 182,000 students. The company's 40-year partnership with FFA includes nearly $24 million in donations, including a recent $5 million commitment to the FFA Future Leaders Scholarship fund, which has supported nearly 300 students in their educational pursuits.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the US, has announced its annual 'Growing Life Out Here' Open Buying Days event. The initiative invites potential vendors to apply through March 2, 2025, for an opportunity to virtually present their products to TSCO's merchandising team on April 23, 2025.
Vendors offering merchandise, fixtures, P-O-P, or signage can apply at rangeme.com/growinglifeouthere. Products will be evaluated based on originality, quality, market alignment, and potential impact in rural communities. The company particularly encourages applications from businesses focused on lawn & garden, pet & animal products, fencing, hardware & tools, clothing, and home décor categories.
As of December 28, 2024, Tractor Supply operates 2,296 stores across 49 states and 206 Petsense by Tractor Supply stores in 23 states.
Tractor Supply Company (NASDAQ: TSCO) reported its Q4 and fiscal 2024 results, showing growth despite challenging retail conditions. Q4 net sales increased 3.1% to $3.77 billion, with comparable store sales up 0.6%. The company's Q4 diluted EPS was $0.44, down from $0.46 in 2023.
For fiscal 2024, net sales grew 2.2% to $14.88 billion with a 0.2% increase in comparable store sales. The company achieved diluted EPS of $2.04, up 1.1% from 2023. During the year, TSCO returned over $1 billion to shareholders through share repurchases ($560.8 million) and dividends ($472.5 million).
Looking ahead to 2025, TSCO projects net sales growth of 5-7%, comparable store sales growth of 1-3%, and diluted EPS of $2.10-$2.22. The company plans to open approximately 90 new Tractor Supply stores and 10 new Petsense locations in 2025.
Tractor Supply Company (NASDAQ: TSCO) has announced a multi-year strategic licensing partnership with Field & Stream, making TSCO the exclusive retailer for select Field & Stream outdoor and hunting products. The partnership launches in June 2024 with hunting products during TSCO's annual Deer Event, followed by an expanded product line in November including gun safes, hunting blinds, deer feeders, and game cameras. An exclusive apparel line is planned for 2026.
The collaboration brings together two established brands in the outdoor retail space, with Field & Stream's legacy dating back to 1871 and Tractor Supply's 85+ years of experience. Recently acquired and relaunched by entertainers Eric Church and Morgan Wallen in 2024, this marks Field & Stream's first brick-and-mortar retail partnership since its relaunch. Both companies share commitments to conservation and serving outdoor enthusiasts.
Tractor Supply Company (NASDAQ: TSCO) has announced plans to build a new distribution center in Nampa, Idaho. The 865,000 square-foot facility represents a $225 million investment and will create over 500 full-time jobs in the region. Construction is scheduled to begin in spring 2025, with completion expected in late 2026-early 2027.
The facility will be the company's first distribution center in the Pacific Northwest, serving more than 200 Tractor Supply stores throughout the region. The center will be built with LEED certification goals. To mark its arrival, Tractor Supply is donating $10,000 each to Ridgevue FFA and Canyon County 4-H.
This will be Tractor Supply's 11th distribution center, joining existing facilities across the United States. As of September 28, 2024, the company operates 2,270 Tractor Supply stores in 49 states and 205 Petsense by Tractor Supply stores in 23 states.
Tractor Supply Company (NASDAQ: TSCO) has launched its annual Pet Appreciation Days event, running until February 23. The celebration features special deals on pet products, in-store activities, and treat tastings. The company has announced four weeks of promotions including:
- Buy Online, Pickup in Store (1/13-1/19): 10% off on $50+ pet food & treats purchases
- Gift Card Week (1/20-1/26): Earn $5-$15 in TSC gift cards on select brands
- Exclusive Brands Week (1/27-2/2): Savings on Tractor Supply's pet brands
- BOGO Week (2/3-2/9): Buy one, get one 50% off on toys and treats
The company is also running a Relief for Rescues Fund donation campaign at checkout from January 12-22. The fund, launched with Miranda Lambert's MuttNation Foundation in 2023, has raised over $1 million and allocated $600,000 to help shelter animals affected by natural disasters.
Tractor Supply Company (NASDAQ: TSCO) and Miranda Lambert's MuttNation Foundation have announced the return of their annual Relief for Rescues fundraising event, running from January 12-22. Customers can donate during checkout at any Tractor Supply store, online, or via mobile app.
The Relief for Rescues Fund, launched in 2023, has already raised over $1 million and allocated more than $600,000 to support shelter animals impacted by natural disasters. Recently, the fund deployed $250,000 to assist 31 animal shelters across multiple states affected by Hurricanes Helene and Milton, and is currently supporting Southern California regions impacted by wildfires.
The initiative provides financial support for emergency response, food, supplies, veterinary care, transport services, and shelter repairs. Tractor Supply and MuttNation's partnership, established in 2019, also supports the Mutts Across America program and offers exclusive MuttNation pet products, with a percentage of sales supporting the foundation's mission.
Tractor Supply Company (NASDAQ: TSCO), America's largest rural lifestyle retailer, has scheduled its fourth quarter and fiscal year 2024 earnings release for Thursday, January 30, 2025, before market opening. The company will host a conference call at 10 a.m. ET on the same day, featuring President and CEO Hal Lawton and EVP/CFO Kurt Barton.
The earnings call will be webcast live on IR.TractorSupply.com, with supplemental materials available 15 minutes before the call. Investors are advised to allow extra time for downloading necessary streaming software. A replay of the webcast will be accessible on the company's investor relations website after the call concludes.
Tractor Supply Company (NASDAQ: TSCO) has launched 4health Shreds, a new premium dog food product under its exclusive 4health line. The product combines crunchy kibble with protein-packed shreds, offering balanced nutrition at competitive prices.
The new product line features three varieties: Chicken & Rice, Beef & Rice, and Lamb & Rice, available in 5, 18, or 35-pound bags. Priced under $55 for a 35-pound bag, it offers over 20% more value compared to national brands. The formula includes immune-supporting antioxidants, joint health supplements, omega fatty acids, and probiotics.
Notable performance metrics show that Tractor Supply's exclusive-brand dry dog foods have experienced household penetration growth 15 times faster than the market over the past 36 months. The product is exclusively available at Tractor Supply and Petsense by Tractor Supply's 2,270 stores across 49 states.
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