Tractor Supply Stock Price, News & Analysis

Tractor Supply Company (NASDAQ: TSCO) announced the winners of its annual Rescue Your Rescue social media contest, awarding eight animal rescue groups with $25,000 each, totaling $200,000 in donations. The contest, held in partnership with Canidae Premium Pet Food, received over 23,000 nominations from customers during Pet Appreciation Week, showcasing community support for animal welfare. Winning organizations include Horse at a Time Draft Horse Rescue and Farmhouse Animal & Nature Sanctuary, among others. Finalists received gift cards for supplies, further promoting animal care.

Tractor Supply Company (NASDAQ: TSCO) reported a 15.8% increase in net sales to $3.02 billion for Q3 2021, alongside a 13.1% rise in comparable store sales, marking six consecutive quarters of over 10% growth. Diluted EPS grew by 20.4% to $1.95. The company raised its fiscal 2021 guidance to reflect strong year-to-date performance, projecting net sales of ~$12.6 billion and EPS between $8.40 to $8.50. Despite inflationary pressures impacting gross margin, the overall business remains robust with significant market share gains.

Tractor Supply Company (NASDAQ: TSCO) has launched its 2021 Fall Paper Clover fundraising campaign in partnership with 4-H, running through October 17. The initiative aims to support 4-H programming with 90% of funds directed towards scholarships for youth. Over 11 years, the partnership has raised over $15 million, impacting over 100,000 students. Donations can be made in stores or online. Contributions also benefit local youth programs.

Tractor Supply Company (NASDAQ: TSCO) will announce its third quarter 2021 results before market open on October 21, 2021. A conference call will be hosted by Hal Lawton and Kurt Barton at 9:00 a.m. CT on the same day, available via live webcast at IR.TractorSupply.com. The company, the largest rural lifestyle retailer in the U.S., operates 1,955 stores across 49 states and has 174 Petsense locations. This release is part of their commitment to keeping stakeholders informed.

PORTER-CABLE and Tractor Supply Company (NASDAQ: TSCO) have announced a strategic partnership to enhance accessibility to PORTER-CABLE tools in the U.S. Starting in Q4 2021, PORTER-CABLE products will be available in Tractor Supply stores nationwide, alongside exclusive new cordless innovations planned for 2022. This collaboration aims to cater to the strong demand from Tractor Supply's customer base, which includes nearly 12 million current PORTER-CABLE battery platform users. The partnership also features shared support for agriculture through the sponsorship of the Farm Aid concert on September 25, 2021.

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the U.S., announced its partnership with U.S. Farmers and Ranchers in Action (USFRA), endorsing their Decade of Ag Vision. This initiative aims to enhance food security, environmental sustainability, and economic vitality within communities. As the first retailer to join USFRA, Tractor Supply emphasizes the importance of farmers and ranchers in achieving sustainability goals. The collaboration seeks to create a resilient, climate-smart agricultural system beneficial for food production and the economy.