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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) will participate in Baird’s 2022 Global Consumer, Technology and Services Conference on June 7, 2022, at 7:55 a.m. Eastern Time. CEO Hal Lawton and CFO Kurt Barton will present.
The presentation will last 30 minutes and will be available via webcast, both live and as an archived replay for 90 days on IR.TractorSupply.com.
Tractor Supply Company (NASDAQ: TSCO) raised $1,254,555 during its 2022 Spring Paper Clover campaign to support 4-H youth programs. This initiative aids in funding educational camps and experiences for youth across the U.S., with 90% of the funds allocated to local programs. To date, the Paper Clover campaigns have generated over $17 million. Notably, Tractor Supply has matched any donations made via their Personal Credit Card, demonstrating their commitment to community support.
Tractor Supply Company (NASDAQ: TSCO) has declared a quarterly cash dividend of $0.92 per share, scheduled for payment on June 8, 2022, to stockholders on record as of May 25, 2022. As the largest rural lifestyle retailer in the U.S., the company serves recreational farmers and ranchers, with over 2,003 stores nationwide as of March 26, 2022. Tractor Supply aims to provide essential products for home, land, pets, and animals, emphasizing customer service and product localization.
Tractor Supply Company (NASDAQ: TSCO) has launched its 12th Paper Clover campaign in partnership with National 4-H Council, running from April 27 to May 8. The initiative generates scholarships for 4-H youth, enhancing educational programs in various fields. Customers can donate by purchasing a paper clover at checkout. Donations made on a TSC Personal Credit Card will be matched by the company. Since its inception, the campaign has raised over $17 million, with last fall's campaign raising over $1.3 million.
Tractor Supply Company (NASDAQ: TSCO) reported strong Q1 2022 results, with net sales up 8.3% to $3.02 billion and diluted EPS rising to $1.65. Comparable store sales increased 5.2%, following a remarkable 38.6% growth last year. Despite ongoing supply chain issues and the Omicron variant, the company remains confident in its growth potential, reiterating its fiscal 2022 guidance of $13.6 billion - $13.8 billion in net sales and $9.20 - $9.50 EPS. The company also repurchased 1.4 million shares for $296.2 million in Q1, returning $399.6 million to shareholders.
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Tractor Supply Company (NASDAQ: TSCO) has partnered with Robert Bosch Tool Corporation to expand its product lineup by introducing Dremel and Bosch power tools. The range includes rotary, oscillating, and multi-saw tools, available at nearly 1,000 locations by the end of 2022. Dremel, a leader in rotary tools for over 90 years, will enhance the store's DIY offerings, while Bosch tools will introduce efficient battery systems for professionals. This partnership aims to meet the tool needs of both DIYers and professionals across rural America.
Tractor Supply Company (NASDAQ: TSCO), a leader in the rural lifestyle retail sector, announced its upcoming investor events. A First Quarter 2022 Earnings Call is scheduled for April 21, 2022, at 10:00 a.m. ET, with an earnings release prior to market open. The 2022 Annual Stockholder Meeting will occur on May 11, 2022, at 9:00 a.m. ET, via live webcast. Stockholders can participate electronically. Both events will have webcasts available at IR.TractorSupply.com. Replays will be accessible post-event.
Texas Agriculture Commissioner Sid Miller announced that Tractor Supply Company (TSCO) has donated $50,000 to the State of Texas Agriculture Relief Fund (STAR) to aid farmers and ranchers affected by recent natural disasters. The donation will support recovery efforts during a critical planting season. Local Tractor Supply stores have also contributed additional funds and supplies, including over 300 bales of hay. This initiative underscores the company's commitment to the agricultural community and its dedication to helping neighbors in need.
Tractor Supply Company (NASDAQ: TSCO) has renewed its five-year sponsorship of the Friends of Franklin Parks, supporting the Tractor Supply Co. Arena at Harlinsdale Farm in Franklin, Tennessee. This partnership, which began six years ago, contributes to various community events and educational initiatives for youth. Upgrades to the arena include repainting, new logos, and an enhanced sound system. The Tractor Supply Company Foundation aims to enhance community quality of life through this initiative, reflecting its commitment to rural community support.