Welcome to our dedicated page for Tractor Supply news (Ticker: TSCO), a resource for investors and traders seeking the latest updates and insights on Tractor Supply stock.
Tractor Supply Company reports developments in rural lifestyle retailing, serving recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts, and customers pursuing hands-on property and animal care. The company operates its namesake farm and ranch stores, Petsense by Tractor Supply pet specialty stores, and Allivet, an online pet and animal pharmacy. Its recurring updates include quarterly results, comparable-store sales, digital sales, outlook commentary, and merchandising activity across livestock, equine and agriculture, companion animal, seasonal and recreation, truck, tool and hardware, and clothing, gift and décor categories.
Company news also includes seasonal store events, lawn and garden promotions, pet adoption programs through Petsense, marketing technology partnerships, and community programs connected to FFA and 4-H. These announcements reflect the retailer’s mix of needs-based rural products, pet care, livestock wellness, e-commerce, and customer-engagement initiatives.
Tractor Supply Company (NASDAQ: TSCO) unveiled its Life Out Here 2030 strategy, announcing significant expansion plans and a 5-for-1 stock split. The company increased its total addressable market estimate to $225 billion and raised its long-term store count target to 3,200 locations.
The strategy includes new initiatives such as Pet Rx, Direct Sales, and a Retail Media Network. The company updated its long-term financial targets, projecting net sales growth of 6-8%, comparable store sales growth of 3-5%, and operating margin of 10-10.5%. For 2025, TSCO plans to open 90 new Tractor Supply stores and 10 new Petsense locations.
The stock split will be distributed to shareholders of record as of December 16, 2024, with trading on a split-adjusted basis beginning December 20, 2024.
Tractor Supply Company (NASDAQ: TSCO) has raised over $1 million for its FFA Future Leaders Scholarship fund, bringing the three-year total to more than $3 million. The scholarship program, supported by a five-year, $5 million commitment from the Tractor Supply Foundation, provides $5,000 awards to students attending trade schools and two-year colleges for skilled trades or agriculture-related studies, and $10,000 scholarships for four-year agriculture-related majors. To date, 289 students have received scholarships. The program, which is the largest ag-related scholarship of its kind, is accepting applications for 2025 until January 9.
Tractor Supply Company (NASDAQ: TSCO) has launched its second annual 4-H Paper Clover fundraiser, running from November 29 to December 15. Customers can contribute at checkout in stores nationwide or online at TractorSupply.com. 90% of donations directly support 4-H youth in the donor's state, with 10% going to national programming.
The campaign, in its 14th year, has raised over $22 million since 2010, including $1.3 million in spring 2024. The funds support 4-H educational programs, leadership-building experiences, camps, and conferences. 4-H, America's largest youth development organization, serves nearly six million young people with research-based programming in agriculture, health, science, and civic engagement.
Liberty Safe and Tractor Supply Company have jointly donated $188,000 to Folds of Honor, a nonprofit organization providing educational scholarships to families of fallen and disabled military personnel and first responders. The donation stems from sales of an exclusive safe model created through their partnership. Folds of Honor has awarded nearly 62,000 scholarships across the United States since its inception. Customers can continue supporting the cause by purchasing the exclusive Liberty Safe model available at Tractor Supply stores.
Tractor Supply and Make-A-Wish Middle Tennessee celebrated their partnership by fulfilling their 25th collaborative wish, marking the nonprofit's 25th anniversary. The latest wish granted was a custom art barn for Olivia, a 13-year-old from Lewisburg battling cystic fibrosis. Tractor Supply donated a backyard structure and art supplies, while vendors like Backyard Products helped with assembly.
The partnership has previously granted various wishes including a miniature Highland cow for a 15-year-old cancer survivor, a chicken flock and coop for a 3-year-old with cystic fibrosis, and a miniature dachshund for an 18-year-old liver transplant patient. These wishes align with rural lifestyle and 'Life Out Here' themes.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the US, has announced its holiday season offerings and store hours. The company unveiled special deals on various products including home décor, pet supplies, outdoor gear, and tools. Notable items include unique holiday decorations like the six-foot Santa Christmas Rooster and special advent calendars. The retailer is offering both budget-friendly options under $50 and big-ticket items like gas-powered go-karts and propane griddles. Tractor Supply will be closed on Thanksgiving and Christmas Day, with modified hours during the holiday period. The company's Neighbor's Club members will receive early notice of sales and exclusive offers, with new members getting $5 in rewards between November 29 and December 2.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has announced a quarterly cash dividend of $1.10 per share. The dividend will be paid on December 10, 2024 to stockholders of record as of November 25, 2024. The company operates 2,270 Tractor Supply stores across 49 states and 205 Petsense by Tractor Supply stores in 23 states as of September 28, 2024.
Tractor Supply Company (NASDAQ: TSCO) has announced its upcoming Investment Community Day, scheduled for December 5, 2024, from 1-5 p.m. ET. The event will feature presentations from the executive leadership team, including President and CEO Hal Lawton, focusing on company strategy, growth plans, and financial outlook.
As the largest rural lifestyle retailer in the U.S., Tractor Supply operates 2,270 stores across 49 states and ranks 293 on the Fortune 500. The company also owns Petsense by Tractor Supply, with 205 stores in 23 states. The Investment Community Day will be webcast live on IR.TractorSupply.com and archived for later viewing.
Tractor Supply Company (NASDAQ: TSCO) has launched its 2024 FFA Future Leaders Scholarship fundraising drive, aiming to raise $1 million between now and November 10. Customers can donate at checkout in stores or online. The initiative provides $5,000 scholarships for two-year/trade schools and $10,000 scholarships for four-year agriculture-related programs. The 2023 drive raised over $1 million, funding 143 scholarships across 35 states. The program, established in 2022 with a $5 million commitment over five years, has awarded 289 scholarships to date. Recipients can interview for career opportunities at Tractor Supply locations and internships at its Store Support Center.
Tractor Supply Company (NASDAQ: TSCO) announced the pending acquisition of Allivet, a leading online pet pharmacy founded in 1992. The all-cash transaction is expected to close in Tractor Supply's fiscal first quarter of 2025. Allivet provides prescription and over-the-counter pet medications through its 'PetRx-as-a-Service' platform, partnering with major brands like AKC and Fetch Pet Insurance. The acquisition will enhance Tractor Supply's pet care offerings and provide its 37 million Neighbor's Club members with easier access to pet medications and specialty items.