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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) announced plans to build a new 900,000 square foot distribution center in Maumelle, Arkansas, with an investment of $100 million. This facility aims to create over 450 full-time jobs by the end of 2023 and will service approximately 250 Tractor Supply stores. Construction is slated to begin mid-2022, with completion expected by late 2023. The distribution center supports the company's expanding store base and e-commerce sales, enhancing its operational efficiency.
Tractor Supply Company (NASDAQ: TSCO) has partnered with Greenworks to become the exclusive retailer of the Greenworks Pro 60V battery-operated outdoor equipment. This new lineup includes over 75 professional-grade tools, such as mowers and pressure washers, aimed at enhancing their product offerings for the upcoming spring lawn season. The Greenworks tools feature zero emissions and interchangeable lithium-ion batteries, providing both sustainability and efficiency.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the U.S., will announce its fourth quarter and fiscal 2021 results on January 27, 2022, before markets open. A virtual video event featuring CEO Hal Lawton and CFO Kurt Barton will follow at 10:00 a.m. ET, discussing results and strategic initiatives supporting its 'Life Out Here' plans. A replay will be available on their investor relations website.
Tractor Supply Company (NASDAQ: TSCO) has released its 2020 Task Force on Climate-Related Financial Disclosures (TCFD) Report, emphasizing its commitment to Environmental, Social, and Governance (ESG) initiatives. The report outlines strategies for managing climate-related risks, aiming for net-zero emissions by 2040. Key strategies include enhancing energy efficiency, increasing renewable energy procurement, and improving transparency around supply chain emissions. This initiative aligns with TCFD recommendations to bolster transparency and sustainability within its operations.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the U.S., has joined the U.S. Environmental Protection Agency's Green Power Partnership. The company uses over 61 million kilowatt-hours of green power annually, equivalent to 15% of its electricity usage. Tractor Supply aims for net zero emissions by 2040 and prioritizes green power procurement. This initiative supports carbon efficiency and contributes to reducing air pollution. The Green Power Partnership fosters increased green power use among U.S. organizations, including Fortune 500 companies.
Petsense, a subsidiary of Tractor Supply Company (NASDAQ: TSCO), has launched 4health premium pet food at its stores, both in-person and online. The brand, exclusive to Petsense and Tractor Supply, aims to deliver optimal nutrition for pets, offering a variety of formulas catering to different life stages and dietary needs. With 28 varieties of dog food and 12 for cats, the new product line emphasizes quality ingredients and is free from artificial additives. This move is expected to enhance customer satisfaction and support Petsense' commitment to pet health.
Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the U.S., will participate in the Stephens 2021 Annual Investment Conference on December 1, 2021, at 9 a.m. Central Time. CEO Hal Lawton and CFO Kurt Barton will take part in a virtual fireside chat. The presentation will be webcast and available for 90 days on the company's investor relations website. As of September 25, 2021, Tractor Supply operates 1,967 stores and 177 Petsense locations, catering to recreational farmers and pet owners.
Tractor Supply Company (NASDAQ: TSCO) announced its 2021 Fall Paper Clover campaign raised a record-setting $1,311,670 for 4-H youth. The company matched donations made on TSC Personal Credit Cards, adding $45,812. Over 11 years, Tractor Supply has raised more than $17 million for 4-H, benefiting over 120,000 students. Additionally, the Tractor Supply Company Foundation contributed $250,000 to the 4-H Tech Changemakers program, enhancing digital literacy for youth.
Tractor Supply Company (NASDAQ: TSCO) announced a quarterly cash dividend of $0.52 per share. This dividend will be paid on December 8, 2021, to shareholders of record as of November 22, 2021. With over 80 years of experience, the company serves recreational farmers and ranchers, maintaining 1,967 stores across 49 states and 177 Petsense stores. Their commitment to customer service and product localization supports a diverse range of rural lifestyle needs.
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