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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) has announced the second class of FFA Future Leaders Scholarship recipients, awarding $1 million in scholarships to 143 FFA members from 35 states. This initiative is part of a $5 million commitment over five years, established in partnership with the National FFA Organization in 2022. The scholarships support students pursuing agriculture-related studies and trade professions.
The program awarded 89 $5,000 scholarships for students attending trade schools or two-year colleges, with a quarter focusing on welding. Additionally, 54 students received $10,000 scholarships for four-year agriculture-related majors. Scholarship recipients will have opportunities for internships and potential career paths with Tractor Supply.
The scholarship fund is supported by customer donations made at checkout in Tractor Supply stores or online. Applications for the next class of scholars will open on November 1, 2024.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has announced its participation in two upcoming conferences. The company will be presenting at the 2024 Goldman Sachs 31st Annual Global Retailing Conference on September 4, 2024, from 8:55-9:30 a.m. EDT. Additionally, TSCO will participate in the Piper Sandler Growth Frontiers Conference on September 11, 2024, from 10-10:25 a.m. EDT.
Both presentations will be webcast live on the company's investor relations website at IR.TractorSupply.com. For those unable to attend or watch live, the webcasts will be archived and made available for viewing shortly after each presentation.
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 of common stock. The dividend will be paid on September 10, 2024 to stockholders of record as of the close of business on August 26, 2024. Tractor Supply, ranking 293 on the Fortune 500, operates 2,254 stores in 49 states as of June 29, 2024. The company also owns Petsense by Tractor Supply, a pet specialty supply retailer with 205 stores in 23 states. With over 85 years of experience, Tractor Supply serves recreational farmers, ranchers, homeowners, gardeners, and pet enthusiasts, offering products for those who enjoy a hands-on, DIY lifestyle.
Miranda Lambert's MuttNation Foundation and Tractor Supply Company (NASDAQ: TSCO) have partnered for the fourth consecutive year to donate over $250,000 to animal shelters nationwide. Through the Mutts Across America program, 52 outstanding shelters or foster-based rescues (one in each state, plus Washington, D.C., and a 'Wildcard' pick) are receiving surprise $5,000 grants.
The initiative, developed 10 years ago, has supported over 500 shelters with more than $2 million in grants. Tractor Supply joined the partnership in 2021. In 2023, MuttNation and Tractor Supply also launched the Relief For Rescues Fund, generating nearly $1 million to help shelters recover from natural disasters.
Tractor Supply is the exclusive retailer of MuttNation pet products, with a percentage of sales supporting the foundation's mission. Lambert will celebrate MuttNation's 15th Anniversary with the Music For Mutts benefit concert on October 5 in Nashville, sponsored by Tractor Supply.
Tractor Supply Company (NASDAQ: TSCO) has launched its annual Pet Appreciation Days celebration, running until September 15. The event features promotions on pet products, in-store activities, and adoption events. Highlights include:
- Gift Card Week (8/5-8/11): Earn TSC Gift Cards on select brand purchases
- Exclusive Brands Week (8/12-8/18): Savings on TSC brands
- BOGO Week (8/19-9/2): Buy one, get one 50% off on toys, treats, and more
Tractor Supply offers a wide range of pet supplies and services, including PetVet clinics and self-service pet wash stations. The company has also made significant donations to pet-related charities, including $100,000 each to K9s For Warriors and the National Police Dog Foundation.
Tractor Supply Company (NASDAQ: TSCO) reported its Q2 2024 financial results, showing a 1.5% increase in net sales to $4.25 billion. However, comparable store sales decreased by 0.5%. The company's diluted EPS rose 2.6% to $3.93. Gross profit increased by 2.7% to $1.56 billion, with gross margin improving by 43 basis points to 36.6%. SG&A expenses increased by 4.1% to $994.2 million. Tractor Supply has updated its fiscal 2024 outlook, now expecting net sales between $14.8 billion and $15.0 billion, and earnings per diluted share between $10.00 and $10.40. The company opened 21 new Tractor Supply stores and three new Petsense by Tractor Supply stores in Q2 2024.
Tractor Supply Company (NASDAQ: TSCO) has donated $100,000 to the Farmer Veteran Coalition's (FVC) Fellowship Fund, supporting veterans in farming and ranching. This marks the sixth year of partnership, with Tractor Supply providing over $550,000 in total support, assisting more than 350 farmer veterans. The donation includes a $50,000 contribution from the Tractor Supply Company Foundation and $1,000 gift cards for 50 selected veterans.
This initiative is part of Tractor Supply's $1 million donation to charities supporting military service members, veterans, and first responders through their Hometown Heroes program. The company also offers special benefits and discounts to these groups through their Neighbor's Club loyalty program.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the U.S., will release its second quarter 2024 financial results on July 25, 2024, before the market opens.
The earnings will be discussed in a webcast conference call at 10 a.m. ET on the same day, hosted by CEO Hal Lawton and CFO Kurt Barton.
The live webcast will be accessible at IR.TractorSupply.com, where supplemental materials will be available 15 minutes before the call.
A replay of the webcast will also be available on the same site shortly after the call concludes.
Tractor Supply Company (NASDAQ: TSCO) has announced a $1 million donation to 10 charities supporting military service members, veterans, and first responders. This initiative is part of their Hometown Heroes program, which honors these individuals through various benefits and recognition.
The Hometown Heroes program also features a spotlight series highlighting customers and team members who embody the spirit of service. Each hero featured will result in a $5,000 donation to their chosen charity.
The 10 recipients of the $100,000 donations include the 9/11 Day, Bob Woodruff Foundation, Farmer Veteran Coalition, Folds of Honor, Gary Sinise Foundation, K9s For Warriors, National Law Enforcement Officers Memorial Fund, National Police Dog Foundation, National Volunteer Firefighters Council, and Tunnel to Towers Foundation.
In addition, Tractor Supply and Petsense offer special benefits such as discounts, free services, and designated parking spots through the Neighbor’s Club Hometown Heroes benefit program. A special 15% discount will also be available on July 4th.
Tractor Supply Company (NASDAQ: TSCO) has launched its new Hometown Heroes program to honor military service members, veterans, and first responders. The initiative includes top-tier membership in the Neighbor’s Club loyalty program, offering benefits like 2% back on purchases, free shipping, and special holiday discounts. Additionally, the company will be donating $1 million to various organizations supporting these heroes. A new spotlight series will also highlight community members and employees who embody the spirit of Hometown Heroes.