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) and its foundation have donated over $150,000 to aid communities affected by severe weather across the U.S.
The donations include $100,000 to the American Red Cross Disaster Relief and $50,000 to the State of Texas Agriculture Relief (STAR) Fund. This support targets residents in Michigan, Nebraska, Oklahoma, Tennessee, and Texas.
Tractor Supply stores in these areas have distributed gift cards and supplies to local organizations and shelters. Their team members are working diligently to keep stores stocked with emergency supplies and assist affected communities.
Additionally, funds from a recent fundraiser with Miranda Lambert’s MuttNation Foundation have been used to help animal shelters and families with pets in Texas and Oklahoma.
Tractor Supply Company (NASDAQ: TSCO), in partnership with the National 4-H Council, raised over $1.3 million in its 2024 Spring Paper Clover campaign. This 19-day fundraising event supports hands-on training in health, science, agriculture, and civic engagement for 4-H youth. Ninety percent of donations aid local 4-H programs, while the remaining 10% fund national initiatives. This campaign pushes their total fundraising over $20 million since the partnership began in 2010. More than 80,000 young people have been positively impacted by these efforts.
Tractor Supply (NASDAQ: TSCO) has opened its largest distribution center in Maumelle, Arkansas. This 1.1 million square-foot facility, representing an investment of over $175 million, will create 500 full-time jobs. The center will serve 250 stores across the Southeast, Midwest, and Texas, and fulfill digital orders. The facility aims for a LEED Gold® certification and features a solar array system generating five million kilowatts of electricity annually, reducing its carbon footprint by 4,100 metric tons of CO2 per year. The center also employs autonomous mobile robots for efficiency.
Tractor Supply Company (NASDAQ: TSCO) has declared a quarterly cash dividend of $1.10 per share of common stock to be paid on June 11, 2024. With more than 85 years of experience, Tractor Supply is the largest rural lifestyle retailer in the U.S., serving the needs of farmers, ranchers, homeowners, and pet enthusiasts. The company operates over 2,200 stores across 49 states.
FAQ
What is the current stock price of Tractor Supply (TSCO)?
What is the market cap of Tractor Supply (TSCO)?
What is Tractor Supply Co. (TSCO)?
When was Tractor Supply Co. founded?
How many stores does Tractor Supply Co. operate?
What types of products does Tractor Supply Co. offer?
Who are the typical customers of Tractor Supply Co.?
Where are Tractor Supply Co. stores generally located?
What is the mission of Tractor Supply Co.?
What makes Tractor Supply Co. a significant part of its communities?
What are some of Tractor Supply Co.'s recent achievements?
How does Tractor Supply Co. stay connected with rural communities?
