Content about Tractor Supply Co.

April 24, 2014

Sales of animal- and pet-related merchandise and winter seasonal items helped push up sales at Brentwood, Tenn.-based Tractor Supply Co. in the first quarter ended March 29. 

Net sales increased 9.0% in the quarter to $1.18 billion, up from $1.09 billion in the same quarter last year. Comparable-store sales increased 2.2%. 

Net income for the quarter increased 10.9% to $48.8 million, up from $44.0 million 

April 2, 2014

Tractor Supply Company is spreading the backyard hen gospel nationwide through a series of local Chick Days and other educational initiatives.

“Chickens naturally recycle food waste and they provide invaluable fertilizer for gardens,” said VP merchandise Marc Johnson. “What’s more, there’s not a better organic source of pest control than a backyard chicken. They naturally eat bugs, ticks, beetles and other backyard pests.”

March 17, 2014

Tractor Supply Company has named Robert Mills SVP and CIO, succeeding James Callison upon his planned retirement. He will also serve on the company's Executive Committee.

February 7, 2014

Mark Weikel, the president and CEO of Luxottica Retail Optical North America, has been appointed to the board of directors of Tractor Supply Co.

At Luxottica, Weikel leads a brand portfolio that includes LensCrafters, Pearle Vision, Sears Optical and Target Optical, which generates more than $3.0 billion in revenue systemwide. Prior to his various positions at Luxottica, he served in executives positions for Lord & Taylor, Victoria's Secret Stores and the MAY Department Stores Co.

January 30, 2014

Brentwood, Tenn.-based Tractor Supply Co., the nation’s largest farm-and-ranch retailer, reported big gains in sales and earnings for the fourth quarter and full year. 

The company reported nets sales of $1.42 billion in the fourth quarter, up from $1.29 billion in the same quarter last year. Comparable-store sales increased 3.5%.

Net income for the quarter was $95.9 million, up from $79.5 million in the same quarter last year. 

January 22, 2014

Brentwood, Tenn.-based Tractor Supply Co. will open a 19,000-sq.-ft. store in Tucumcari, N.M., in September, according to local press reports. 

The store will be the 12th Tractor Supply location in the state, and one of the 1,245 stores in the nation's largest farm and ranch chain.

In the first three quarters of the company's current fiscal year, Tractor Supply opened 71 new stores and closed two stores. Late last year, the retailer established its first stores in the states of Wyoming and Nevada.

January 17, 2014

It's official: after months of off-the-curve growth on the stock market, Tractor Supply Co. has secured a spot on the S&P 500 index.

The change was announced Thursday by the S&P Dow Jones Indices and will be effective after the close of trading next Thursday.

Tractor Supply is replacing Life Technologies Corp. on the index, which is being acquired by Thermo Fisher Scientific Inc.

December 26, 2013

Brentwood, Tenn.-based Tractor Supply Co. is now part of the Nasdaq-100 Index. Shares of TSCO will also be included in the Nasdaq-100 Index Tracking Stock.

October 24, 2013

Tractor Supply Co. plans to open a store in Wyoming -- its first-ever location in the state as it continues to expand into the western region of the country. 

October 8, 2013

Executives from Brentwood, Tenn.-based Tractor Supply Co. plan to ceremoniously ring the opening bell at the NASDAQ Stock Market in New York City Oct. 10.

The event is designed to celebrate the farm-and-ranch giant's 75th anniversary. 

President and CEO Greg Sandfort will be joined by former CEOs Joe Scarlett and Jim Wright in attendance, as well as CFO Tony Crudele and Cindie Jamison, lead director of the board.

September 26, 2013

Brentwood, Tenn.-based Tractor Supply Co. opened its first Nevada store as it continues its expansion strategy into the Western region of the country.

The new store is in Carson City on East William Street. After a soft opening earlier this month, grand opening celebrations commence Sep. 28.

September 20, 2013

Tractor Supply Co. opened a store in Morrisville, Vt., marking the company's seventh store in the state of Vermont. 

The store measures a little more than 19,000 sq. ft. and employs about 15 full- and part-time employees, according to a report in StoweToday.com.

The store will host an "Out Here with the Animals Day" on Sept. 29, offering advice and information regarding pet food, foraging, flock management and other areas.

January 31, 2013

The farm and ranch giant recorded its 19th straight quarter of year-over-year transaction count increases.

Brentwood, Tenn.-based Tractor Supply Co. posted sales and earnings gains in the fourth quarter and full year ended Dec. 29, riding the strength of its core categories, according to the company.

Fourth-quarter sales at the farm and ranch giant increased 3.7% to $1.29 billion, as comp-store sales increased 4.7%. Adjusted for an extra week in the prior year's fourth quarter, the company showed a 10.8% sales increase. 

January 16, 2013

Brentwood, Tenn.-based Tractor Supply Co. is moving ahead with a distribution center under construction in Bibb County, Ga., according to a report in the Macon Telegraph

September 28, 2012

Brentwood, Tenn.-based Tractor Supply has announced a management succession plan to take effect Jan. 1.

Jim Wright, who was named CEO of Tractor Supply in 2004 and who took on the additional role of chairman in 2007, will be replaced by Gregory Sandfort, currently the company’s chief operating officer.

July 25, 2012

Despite a stagnant economy and drought conditions across large parts of the country, Brentwood, Tenn.-based Tractor Supply Co. reported sales and earnings growth.

The company posted second-quarter sales of $1.29 billion, up 9.6% from $1.18 billion in the same quarter last year.

The nation’s largest chain of farm and ranch specialty stores posted earnings of $106.6 million, up 8.3% from $91.2 million in the year-ago period. 

April 12, 2012

Reacting quickly to an early spring, Brentwood, Tenn.-based Tractor Supply Co. said its first-quarter sales increased 22% to $1.02 billion.

Same-store sales for the quarter increased 11.5%. The country’s largest farm-and-ranch retailer, which will release its full first-quarter earnings results April 25, said the same-store sales increase was driven, in part, by early spring weather in 2012.

February 1, 2012

Brentwood, Tenn.-based Tractor Supply Co. continued its hot streak with a fourth quarter sales increase in excess of 20%.

Net sales hit $1.24 billion for the company in the 14 weeks ended Dec. 31., up 20.1% from the 13-week period a year ago. For the full year, sales increased 16.3% to $4.23 billion.

Net income was up 40.4% to $70.5 million  for the quarter, and up 32.6% to $222.7 million for the year. 

December 6, 2011

Brentwood, Tenn.-based Tractor Supply Co. has promoted Alexander Stanton to senior VP supply chain. In his new role, Stanton will handle logistics, transportation, distribution centers, inventory management and pricing for the 1,054-store retailer.

He joined the company in 2006 as VP finance and was later named senior VP finance and strategy. In his new role, he will report to Gregory Sandfort, president and chief merchandising officer.

August 2, 2011

Tax services giant H&R Block has named Home Depot's Marvin Ellison and Tractor Supply's James Wright as prospective members of its board of directors.

Ellison, 46, is Home Depot's executive VP U.S. stores. He has been with the Atlanta-based home improvement retailer since 2002, and previously held management positions with Target Corp. 

Wright, 61, is CEO of Brentwood, Tenn.-based Tractor Supply Co. He was also CEO of Tire Kingdom.

April 11, 2011

The Home Channel Stock Roundup shows Tractor Supply Co. lighting up the grid -- up 15% from the month and 90% for the year.

Gas prices are high, too -- rising to $3.74 per gallon of regular, compared with $3.62 last week.

March 28, 2011

With existing-home sales slipping to a seasonally adjusted annual rate of 4.88 million, all three housing starts and home sales dials are running behind the paces set last month and last year.

That picture of poor performance stands in contrast to the Home Channel Stock Roundup, which shows all 10 companies tracked running ahead of last month and last year. Tractor Supply Co. leads the way -- up more than 90% from its year-ago share value.

March 7, 2011

The national unemployment rate unexpectedly slipped one-tenth of a percentage point to 8.9% in February.

But the big movement among consumer data was in gas prices, up 15 cents to a national average of $3.50 for regular gallon of gas. If gas prices continue to rise, expect consumer confidence to slip from its February reading of 70.4.

January 27, 2011

Tractor Supply Company reported that net sales for the fourth quarter increased 19.7% to $1.03 billion from $862.5 million in the prior year's fourth quarter. Same-store sales increased 13.1% compared with a 0.7% increase in the prior-year period.

Tractor Supply Company reported that net sales for the fourth quarter increased 19.7% to $1.03 billion from $862.5 million in the prior year's fourth quarter.  Same-store sales increased 13.1% compared with a 0.7% increase in the prior-year period.  

Net income for the quarter was $50.2 million, or 67 cents per diluted share, compared with $37.3 million, or 51 cents per diluted share, in the prior year's fourth quarter.  

December 13, 2010

 

The Home Channel Stock Roundup shows 10 out of 10 companies -- led by Tractor Supply Co. -- in the top right quadrant, reflecting growth over last year and last month.