Tractor Supply Company's Stock Analysis

Tractor Supply Company Declares Dividend and Executive Compensation Details

On November 5, 2025, Tractor Supply Company's Board of Directors approved retention equity awards for President and CEO Harry A. Lawton III. The awards include a performance share unit award valued at $12 million, vesting based on the company's total shareholder return from 2026 to 2030, and a restricted share unit award worth $8 million, vesting over five years. These awards aim to retain Mr. Lawton and are contingent on his continued employment, with provisions for prorated vesting in case of termination or retirement.

Additionally, the Board declared a quarterly cash dividend of $0.23 per share, payable on December 9, 2025, to shareholders of record as of November 24, 2025. The company operates 2,364 Tractor Supply stores and 206 Petsense stores across the U.S., serving the needs of rural lifestyle customers. This dividend declaration may influence investor sentiment regarding the company's financial health and commitment to returning value to shareholders.

Nov 05, 2025 16:40:23

Tractor Supply Company Reports Q3 2025 Financial Results

Tractor Supply Company reported a net sales increase of 7.2% for the third quarter of 2025, reaching $3.72 billion compared to $3.47 billion in the same quarter of 2024. The growth was mainly driven by a 3.9% rise in comparable store sales, attributed to increased transaction counts and higher average ticket values. Gross profit also rose by 7.7% to $1.39 billion, while the gross margin rate improved slightly to 37.4%. Net income increased by 7.4% to $259.3 million, and diluted earnings per share rose to $0.49 from $0.45 in the previous year.

The company has narrowed its full-year financial guidance based on year-to-date performance and anticipates comparable store sales growth of 1% to 5% for the fourth quarter. Tractor Supply opened 29 new stores during the quarter and returned $197.3 million to shareholders through share repurchases and dividends. The effective income tax rate decreased to 21.0%, reflecting various tax planning initiatives. The company continues to focus on enhancing customer experience and expanding its capabilities as part of its long-term growth strategy.

Oct 23, 2025 07:00:17

Tractor Supply Company Declares Quarterly Cash Dividend

Tractor Supply Company has announced a cash dividend of $0.23 per share of its common stock, which will be paid on September 9, 2025. This dividend is available to stockholders who are on record as of the close of business on August 25, 2025.

As of June 28, 2025, Tractor Supply Company operates 2,335 stores across 49 states and 207 Petsense stores in 23 states. The company focuses on serving recreational farmers, ranchers, and pet owners, providing a range of products both in-store and online.

Aug 07, 2025 09:03:05

Tractor Supply Reports Q2 2025 Financial Results and Outlook

Tractor Supply Company reported a 4.5% increase in net sales for the second quarter of 2025, reaching $4.44 billion, driven by new store openings and a 1.5% rise in comparable store sales. The growth was attributed to strong performance in core categories, particularly consumable products and seasonal items, while some discretionary categories showed softness. Gross profit rose to $1.64 billion, with a gross margin rate of 36.9%. Operating income increased by 2.9% to $577.8 million and net income rose 1.1% to $430 million, resulting in a diluted earnings per share of $0.81, up from $0.79 in the previous year.

The company reaffirmed its financial outlook for the full fiscal year 2025, expecting share repurchases to range from $325 to $375 million, a reduction from prior estimates. Tractor Supply opened 24 new stores during the quarter, bringing the total to 2,335 Tractor Supply stores and 207 Petsense stores. The company emphasized its commitment to disciplined capital allocation and maintaining strong vendor partnerships to navigate economic uncertainties and deliver value to shareholders.

Jul 24, 2025 07:02:28

Tractor Supply Company Declares Quarterly Cash Dividend

Tractor Supply Company announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per share of common stock. This dividend is set to be paid on June 10, 2025, to stockholders of record as of May 28, 2025.

The company, which operates as the largest rural lifestyle retailer in the United States, currently has 2,311 Tractor Supply stores and 206 Petsense stores across the country. Tractor Supply has been serving customers for over 85 years, providing products for various rural lifestyles and pet care solutions.

May 15, 2025 09:03:15

Tractor Supply Company Reports Q1 2025 Financial Results

Tractor Supply Company reported a 2.1% increase in net sales for the first quarter of 2025, totaling $3.47 billion, compared to $3.39 billion in the same period last year. However, comparable store sales decreased by 0.9%, despite a 2.1% growth in average transaction count. The company’s gross profit rose by 2.8% to $1.26 billion, while net income fell by 9.5% to $179.4 million, resulting in diluted earnings per share of $0.34, down from $0.37 in the previous year’s quarter. The company also repurchased approximately 1.7 million shares and paid $122.4 million in dividends, returning a total of $216.4 million to shareholders during the quarter.

Tractor Supply updated its fiscal year 2025 guidance, anticipating net sales growth of 4% to 8%, compared to the previous estimate of 5% to 7%. The company expects comparable store sales to grow between 0% and 4%, and net income is projected to be between $1.07 billion and $1.17 billion. For the second quarter of 2025, Tractor Supply forecasts a net sales growth of approximately 3% to 4% and earnings per diluted share between $0.79 and $0.81. The adjustments in guidance reflect increased market uncertainty, particularly due to new tariffs, and the company’s ongoing efforts to manage its supply chain effectively.

Apr 24, 2025 07:00:48

Tractor Supply Increases Dividend by 4.5% and Share Buyback

Tractor Supply Company has announced a 4.5% increase in its annual dividend, marking the 16th consecutive year of dividend growth, now set at $0.92 per share. Additionally, the company has raised its share repurchase authorization by $1 billion, bringing the total to $7.5 billion, reflecting its commitment to returning cash to shareholders while maintaining a strong balance sheet and cash flow generation.

However, while the announcements indicate a positive outlook for shareholder returns, the press release does not provide specific details on the company's current financial performance or growth metrics. The lack of detailed financial results may leave investors seeking more comprehensive insights into the company's operations and market position.

Feb 13, 2025 09:29:01

Tractor Supply Reports $14.88 Billion in Fiscal Year 2024 Sales

Tractor Supply Company reported a 3.1% increase in fourth quarter net sales, reaching $3.77 billion, driven by new store openings and a 0.6% rise in comparable store sales. The company returned over $1 billion to shareholders through share repurchases and dividends, and achieved significant milestones in its operational strategy, including the opening of its largest distribution center and improvements in digital sales. Diluted earnings per share for the fourth quarter were $0.44, a decrease from $0.46 in the previous year, while the fiscal year 2024 diluted EPS rose slightly to $2.04 from $2.02 in fiscal 2023.

Conversely, the company faced challenges with a 4.6% decline in net income for the fourth quarter, falling to $236.4 million from $247.9 million, and a slight decrease in operating income by 0.8% for the fiscal year. Selling, general, and administrative expenses increased 5.5% in the fourth quarter, impacting profit margins. The gross margin also saw a minor decrease, reflecting a tough comparison with the previous year's performance. Overall, while the company showed growth in sales, profitability metrics experienced some pressures.

Jan 30, 2025 07:02:05

Tractor Supply Acquires Allivet, Expanding Market by $15 Billion

Tractor Supply Company has completed its acquisition of Allivet, an online pet pharmacy, which is expected to expand its market reach by $15 billion, bringing the total addressable market to $225 billion. This acquisition aims to enhance the product and service offerings for Tractor Supply's 37 million Neighbor's Club members and integrate Allivet's customer base into its operations.

While the financial terms of the acquisition were not disclosed, the move is anticipated to create a revenue opportunity of $1 billion at full scale. Allivet, established in 1992, is fully licensed across all states and boasts a robust distribution network for next-day delivery. However, the announcement did not provide details on how this acquisition might impact Tractor Supply's existing operations or financial performance in the short term.

Dec 30, 2024 11:36:46

Tractor Supply Announces 5-for-1 Stock Split and Growth Plans

Tractor Supply Company has unveiled its Life Out Here 2030 strategy, which includes a roadmap for growth and an increase in its new store target to 3,200 locations, up by 200. The company reported significant achievements over the past five years, including a 340% increase in digital sales and the addition of 22 million members to its loyalty program. The strategy also introduces new initiatives such as Pet Rx and Direct Sales, aimed at expanding its market reach and enhancing customer loyalty.

On the downside, while the company has ambitious growth targets, it has not provided specific guidance for any identifiable period, leaving some uncertainty regarding future performance. Additionally, the announcement of a 5-for-1 stock split may not directly correlate with improved financial metrics, as it primarily serves to make shares more accessible to investors. Despite these concerns, Tractor Supply remains focused on building shareholder value through its strategic initiatives.

Dec 05, 2024 12:02:23