Tractor Supply Stock Price, News & Analysis

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, has expanded its partnership with Weber, announcing nationwide availability of Weber grilling products across its nearly 2,300 stores. This expansion follows last spring's initial rollout in 500 locations.

The nationwide offering includes the Weber Original Kettle Charcoal Grill and Spirit E-210 Gas Grill in most locations. Select stores and online channels will feature additional products like the Genesis E-315, Weber 28-inch Griddle, and Smokey Joe portable charcoal grill. On April 26, 50 Tractor Supply locations will host Weber BBQ Days during the company's Demo Days event, offering customers product demonstrations and samples.

Tractor Supply Company (NASDAQ: TSCO) has announced two significant shareholder-friendly moves. The Board of Directors increased the quarterly dividend by 4.5% to $0.23 per share ($0.92 annualized) for fiscal year 2025, marking the company's 16th consecutive year of dividend increases. Additionally, the Board authorized a $1 billion increase to its existing share repurchase program, bringing the total authorization to $7.5 billion.

As of December 28, 2024, TSCO had repurchased 357.4 million shares for approximately $6.03 billion since the program's inception in 2007. The company currently operates 2,296 Tractor Supply stores across 49 states and 206 Petsense by Tractor Supply stores in 23 states. The next dividend payment is scheduled for March 11, 2025, to stockholders of record as of February 26, 2025.

Tractor Supply Company (NASDAQ: TSCO) is celebrating its tenth annual Grants for Growing fundraiser supporting FFA chapters nationwide. The event, running until February 22, allows customers to purchase paper FFA emblems at checkout to support competitive grants of up to $5,000 for middle and high school FFA chapters.

The program focuses on three key areas: Grow Your Classroom for increasing classroom knowledge, Grow Your FFA Chapter for chapter development, and Grow Your Ag Awareness for agricultural literacy initiatives. Success stories include Quapaw FFA's robotics project, Trent FFA's greenhouse program, and Sidney FFA's community composting initiative.

To date, Tractor Supply has awarded 1,795 grants impacting over 182,000 students. The company's 40-year partnership with FFA includes nearly $24 million in donations, including a recent $5 million commitment to the FFA Future Leaders Scholarship fund, which has supported nearly 300 students in their educational pursuits.

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the US, has announced its annual 'Growing Life Out Here' Open Buying Days event. The initiative invites potential vendors to apply through March 2, 2025, for an opportunity to virtually present their products to TSCO's merchandising team on April 23, 2025.

Vendors offering merchandise, fixtures, P-O-P, or signage can apply at rangeme.com/growinglifeouthere. Products will be evaluated based on originality, quality, market alignment, and potential impact in rural communities. The company particularly encourages applications from businesses focused on lawn & garden, pet & animal products, fencing, hardware & tools, clothing, and home décor categories.

As of December 28, 2024, Tractor Supply operates 2,296 stores across 49 states and 206 Petsense by Tractor Supply stores in 23 states.

Tractor Supply Company (NASDAQ: TSCO) reported its Q4 and fiscal 2024 results, showing growth despite challenging retail conditions. Q4 net sales increased 3.1% to $3.77 billion, with comparable store sales up 0.6%. The company's Q4 diluted EPS was $0.44, down from $0.46 in 2023.

For fiscal 2024, net sales grew 2.2% to $14.88 billion with a 0.2% increase in comparable store sales. The company achieved diluted EPS of $2.04, up 1.1% from 2023. During the year, TSCO returned over $1 billion to shareholders through share repurchases ($560.8 million) and dividends ($472.5 million).

Looking ahead to 2025, TSCO projects net sales growth of 5-7%, comparable store sales growth of 1-3%, and diluted EPS of $2.10-$2.22. The company plans to open approximately 90 new Tractor Supply stores and 10 new Petsense locations in 2025.

Tractor Supply Company (NASDAQ: TSCO) has announced a multi-year strategic licensing partnership with Field & Stream, making TSCO the exclusive retailer for select Field & Stream outdoor and hunting products. The partnership launches in June 2024 with hunting products during TSCO's annual Deer Event, followed by an expanded product line in November including gun safes, hunting blinds, deer feeders, and game cameras. An exclusive apparel line is planned for 2026.

The collaboration brings together two established brands in the outdoor retail space, with Field & Stream's legacy dating back to 1871 and Tractor Supply's 85+ years of experience. Recently acquired and relaunched by entertainers Eric Church and Morgan Wallen in 2024, this marks Field & Stream's first brick-and-mortar retail partnership since its relaunch. Both companies share commitments to conservation and serving outdoor enthusiasts.

Tractor Supply Company (NASDAQ: TSCO) has announced plans to build a new distribution center in Nampa, Idaho. The 865,000 square-foot facility represents a $225 million investment and will create over 500 full-time jobs in the region. Construction is scheduled to begin in spring 2025, with completion expected in late 2026-early 2027.

The facility will be the company's first distribution center in the Pacific Northwest, serving more than 200 Tractor Supply stores throughout the region. The center will be built with LEED certification goals. To mark its arrival, Tractor Supply is donating $10,000 each to Ridgevue FFA and Canyon County 4-H.

This will be Tractor Supply's 11th distribution center, joining existing facilities across the United States. As of September 28, 2024, the company operates 2,270 Tractor Supply stores in 49 states and 205 Petsense by Tractor Supply stores in 23 states.

Tractor Supply Company (NASDAQ: TSCO) has launched its annual Pet Appreciation Days event, running until February 23. The celebration features special deals on pet products, in-store activities, and treat tastings. The company has announced four weeks of promotions including:

- Buy Online, Pickup in Store (1/13-1/19): 10% off on $50+ pet food & treats purchases
- Gift Card Week (1/20-1/26): Earn $5-$15 in TSC gift cards on select brands
- Exclusive Brands Week (1/27-2/2): Savings on Tractor Supply's pet brands
- BOGO Week (2/3-2/9): Buy one, get one 50% off on toys and treats

The company is also running a Relief for Rescues Fund donation campaign at checkout from January 12-22. The fund, launched with Miranda Lambert's MuttNation Foundation in 2023, has raised over $1 million and allocated $600,000 to help shelter animals affected by natural disasters.

Tractor Supply Company (NASDAQ: TSCO) and Miranda Lambert's MuttNation Foundation have announced the return of their annual Relief for Rescues fundraising event, running from January 12-22. Customers can donate during checkout at any Tractor Supply store, online, or via mobile app.

The Relief for Rescues Fund, launched in 2023, has already raised over $1 million and allocated more than $600,000 to support shelter animals impacted by natural disasters. Recently, the fund deployed $250,000 to assist 31 animal shelters across multiple states affected by Hurricanes Helene and Milton, and is currently supporting Southern California regions impacted by wildfires.

The initiative provides financial support for emergency response, food, supplies, veterinary care, transport services, and shelter repairs. Tractor Supply and MuttNation's partnership, established in 2019, also supports the Mutts Across America program and offers exclusive MuttNation pet products, with a percentage of sales supporting the foundation's mission.