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Tractor Supply Narrows FY25 Financial Guidance
RTTNewsยท 2025-10-23 12:29
Summary of Tractor Supply Company News Core Viewpoint - Tractor Supply Company (TSCO) has revised its fiscal 2025 earnings guidance, projecting earnings per share (EPS) between $2.06 and $2.13, down from the previous range of $2.00 to $2.18. The company also adjusted its net sales growth expectations to 4.6% to 5.6%, compared to the earlier forecast of 4% to 8% [1]. Financial Performance - In the third quarter, net income rose by 7.4% to $259.3 million, up from $241.5 million in the prior year. EPS increased by 8.6% to $0.49, compared to $0.45 in the same quarter last year, surpassing analysts' expectations of $0.48 [2]. - Net sales for the third quarter increased by 7.2% to $3.72 billion, compared to $3.47 billion a year ago. Comparable store sales grew by 3.9% during the quarter [2]. Future Projections - For fiscal 2025, comparable store sales are now expected to grow by 1.4% to 2.4%, revised from the previous range of 0% to 4%. In the fourth quarter, comparable store sales growth is anticipated to be between 1% and 5% [1].