News

Tractor Supply Co.’s Stock Drops 5% as Earnings Fall Below Expectations

1 Mins read

Tractor Supply Co., the leading retailer of farm and ranch products, experienced a significant drop in its stock (TSCO, -0.08%) by 5% during Thursday’s early trading session. The Brentwood, Tennessee-based company reported a net income of $255 million, or $2.33 per share, for the quarter, an increase from $234.1 million, or $2.10 per share, in the same period last year. Despite this growth, sales only rose by 4.3% to reach $3.41 billion.

Unfortunately, Tractor Supply’s earnings fell short of the FactSet consensus, with analysts expecting earnings per share (EPS) of $2.29 and sales amounting to $3.47 billion. CEO Hal Lawton acknowledged the disappointing performance, stating that sales were lower than anticipated due to various factors affecting consumer spending. He added, “Given this environment, we have revised our outlook for the year to account for continued unfavorable seasonal category performance and cautious consumer spending.”

As a result, Tractor Supply Co. revised its full-year guidance, projecting EPS between $10.00 and $10.10 compared to the previous range of $10.20 to $10.40. The company also lowered its sales forecast to a range of $14.5 billion to $14.6 billion, down from the initial guidance of $14.8 billion to $14.9 billion. Furthermore, the company expects same-store sales to remain flat, contrary to the previous forecast of a 1.3% to 2.5% increase.

Since the beginning of the year, Tractor Supply’s stock has experienced a decline of 12%, in contrast to the S&P 500 (SPX, -1.43%), which has seen a 9% increase.

Related posts
News

Bri-Chem Announces 2025 First Quarter Financial Results

5 Mins read
Edmonton, Alberta–(Newsfile Corp. – May 15, 2025) – Bri-Chem Corp. (TSX: BRY) (“Bri-Chem” or “Company”), a leading North American oilfield chemical distribution…
News

Institutional investors juggle bitcoin ETF holdings, US filings show

2 Mins read
Hedge funds trim bitcoin ETF positionsTrending NowBest Forex Trading Robots To Invest In 2022 * State of Wisconsin exits bitcoin; Brown University…
News

PumpSwap Launched Revenue Sharing Aimed at Incentivizing Creators - Tekedia

2 Mins read
PumpSwap, the decentralized exchange developed by Solana-based meme coin launchpad Pump.Fun, launched a revenue-sharing model on May 12, 2025, distributing 50% of…

Leave a Reply

Your email address will not be published. Required fields are marked *

82 − = 77