Tractor Supply(TSCO)
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Tractor Supply's Strategic Efforts Encouraging: Apt to Hold the Stock?
ZACKS· 2024-11-12 18:05
Tractor Supply Company (TSCO) seems to be in a good spot, thanks to its sturdy business strategies. The company is reaping the benefits from its Life Out Here Strategy and the Neighbor’s Club membership program. Its ‘ONETractor’ strategy, which is aimed at connecting stores and online shopping, appears encouraging too. Shares of this leading rural retail farm and ranch store chain have gained 32.6% year to date against the industry’s 3.1% decline. Recently, Tractor Supply revealed that it had agreed to acqu ...
Tractor Supply to Bolster Pet Care Offerings With Allivet Acquisition
PYMNTS.com· 2024-10-25 21:06
Rural lifestyle retailer Tractor Supply Company plans to bolster the products and services it offers for companion animals, equestrian and livestock customers by acquiring online pet and animal pharmacy Allivet. The retailer signed a definitive agreement to acquire the pharmacy and expects the transaction to close in Tractor Supply's fiscal first quarter of 2025, subject to customary closing conditions, according to a Thursday (Oct. 24) press release. "This acquisition enhances the benefits we can offer to ...
Here's Why Tractor Supply (TSCO) is a Strong Growth Stock
ZACKS· 2024-10-25 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? Dev ...
Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
MarketBeat· 2024-10-25 12:02
Tractor Supply Today TSCO Tractor Supply $274.29 -17.80 (-6.09%) 52-Week Range $185.00 ▼ $307.64 Dividend Yield 1.60% P/E Ratio 26.45 Price Target $272.50 Add to Watchlist Tractor Supply Company NASDAQ: TSCO is still a good buy because of its growth, increased leverage, and cash flow used to pay shareholders. The company's Q3 results failed to support the price action but aren't bad news for investors, merely weaker than expected in a world with macroeconomic headwinds and a tepid retail environment. The ta ...
Tractor Supply(TSCO) - 2024 Q3 - Earnings Call Transcript
2024-10-24 18:19
Tractor Supply Company (NASDAQ:TSCO) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET Company Participants Mary Winn Pilkington - Senior Vice President, Investor and Public Relations Hal Lawton - Chief Executive Officer Kurt Barton - Chief Financial Officer Seth Estep - Executive Vice President and Chief Merchandising Officer Conference Call Participants Zach Fadem - Wells Fargo Chris Horvers - JPMorgan Chuck Grom - Gordon Haskett Research Advisors Karen Short - Melius Research Michael Lasser - ...
Why Tractor Supply Stock Slumped Today
The Motley Fool· 2024-10-24 17:56
Investors are struggling to get excited with growth that's cooled way down.Shares of retail chain Tractor Supply (TSCO -5.57%) slumped on Thursday after the company reported financial results for its third quarter of 2024. As of 1 p.m. ET, Tractor Supply stock had dropped 5%.Steady business but lacking growthTractor Supply has nearly 2,300 stores across the U.S., selling things such as gardening supplies, animal feed, and more. Demand is steady but not necessarily growing right now. The company's Q3 revenue ...
Tractor Supply Q3 Earnings Beat Estimates, Comps Decline 0.2% Y/Y
ZACKS· 2024-10-24 17:56
Tractor Supply Company (TSCO) has reported third-quarter 2024 results, wherein the bottom line beat the Zacks Consensus Estimate while sales lagged the same. Sales benefited from higher store openings despite a weak comparable store sales (comps) performance.TSCO has been progressing well on its Life Out Here strategy amid a tepid retail sales landscape, as its business fundamentals remained sturdy with continued market share gains. With almost 50% of its stores in Project Fusion layout and more than 550 ga ...
Tractor Supply (TSCO) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-10-24 15:35
Tractor Supply (TSCO) reported $3.47 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 1.7%. EPS of $2.24 for the same period compares to $2.33 a year ago.The reported revenue represents a surprise of -0.52% over the Zacks Consensus Estimate of $3.49 billion. With the consensus EPS estimate being $2.23, the EPS surprise was +0.45%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...
Here's Why Tractor Supply (TSCO) is a Strong Value Stock
ZACKS· 2024-10-24 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...
Tractor Supply (TSCO) Q3 Earnings Top Estimates
ZACKS· 2024-10-24 13:05
Tractor Supply (TSCO) came out with quarterly earnings of $2.24 per share, beating the Zacks Consensus Estimate of $2.23 per share. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.45%. A quarter ago, it was expected that this retailer for farmers and ranchers would post earnings of $3.94 per share when it actually produced earnings of $3.93, delivering a surprise of -0.25%.Over the last fou ...