Tractor Supply Stock Price, News & Analysis

Tractor Supply Company (NASDAQ: TSCO) has donated over $30,000 to support local communities affected by severe flooding in Tennessee on August 21. The donations include $25,000 to the American Red Cross of Tennessee and a $5,000 gift card to the Waverly Animal Shelter, which is caring for displaced animals. The retailer has also mobilized resources to provide gift cards and more than 38,000 water bottles to aid recovery efforts. This initiative reflects the company's commitment to community support following natural disasters.

Tractor Supply Company (NASDAQ: TSCO), the leading rural lifestyle retailer in the U.S., will participate in the Goldman Sachs 28th Annual Global Retailing Conference on September 9, 2021, at 12:40 p.m. CT. CEO Hal Lawton and CFO Kurt Barton will host a virtual fireside chat. The presentation will be available live and as an archived replay for 90 days via the company's investor relations website.

With over 1,955 stores nationwide and a robust digital presence, Tractor Supply serves the needs of recreational farmers and rural lifestyle enthusiasts with a diverse product range.

Tractor Supply Company (NASDAQ: TSCO) extends its partnership with Carhartt to address the skilled trades gap in the U.S. The partnership will launch exclusive 'Support the Trades' shirts, with proceeds partially benefiting SkillsUSA. Starting August 23, customers can purchase the limited edition shirts at Tractor Supply stores and online. Each shirt sold contributes to a maximum donation of $100,000 from both Tractor Supply and Carhartt, aimed at empowering the next generation of skilled workers. The initiative responds to a projected shortage of over three million trade jobs by 2028.

Tractor Supply Company (NASDAQ: TSCO) has been re-certified as a Great Place to Work for 2021-2022, marking its second consecutive recognition. The certification is based on employee feedback, with 80% of staff affirming that the company is a great workplace, significantly above the U.S. average. Key highlights include 87% of employees feeling welcomed and 86% proud to work there. This recognition emphasizes Tractor Supply's commitment to fostering a positive workplace culture, essential for its ongoing success and employee satisfaction.

Tractor Supply Company (NASDAQ: TSCO) has declared a quarterly cash dividend of $0.52 per share. This dividend will be paid on September 8, 2021, to stockholders of record as of August 23, 2021. As the largest rural lifestyle retailer in the U.S., Tractor Supply has been serving the needs of recreational farmers and ranchers for over 80 years, operating 1,955 stores nationwide as of June 26, 2021. The company's focus on product localization and customer service reinforces its commitment to providing essential products for the rural lifestyle.

Tractor Supply Company (NASDAQ: TSCO) reported robust second-quarter 2021 results, with net sales rising 13.4% to $3.60 billion. Comparable store sales increased by 10.5%, driven by strong demand for everyday and seasonal merchandise. Gross profit grew 11.3% to $1.29 billion, though gross margin slightly decreased to 35.8% due to rising transportation costs. Net income rose 9.3% to $370 million, and diluted EPS increased 10% to $3.19. The company updated its fiscal 2021 guidance, projecting net sales of $12.1-$12.3 billion and EPS of $7.70-$8.00, reflecting optimistic market trends and strategic growth plans.

Tractor Supply Company (NASDAQ: TSCO) has announced a multi-year partnership with Professional Bull Riders (PBR), enhancing its marketing reach. The collaboration includes a Tractor Supply-branded broadcast booth on CBS, promotional content, and local store events coinciding with major PBR tours. Tractor Supply aims to engage with PBR's audience, which aligns with its customer base, potentially attracting new customers. The partnership is expected to provide nationwide visibility for both brands during PBR events, including the prestigious Global Cup.

Tractor Supply Company (NASDAQ: TSCO) has been recognized as one of the 2021 100 Best Places to Work in IT, ranking No. 14 on the list by IDG’s Insider Pro and Computerworld. This accolade highlights the company’s commitment to fostering a supportive and innovative work environment for its IT team. Rob Mills, Executive Vice President, noted the team's vital role in Tractor Supply's growth and modernization efforts, particularly during the COVID-19 pandemic. The award emphasizes competitive wages, benefits, and opportunities for professional development within the IT department.