Shares of Tractor Supply (NASDAQ:TSCO) decreased 0.1% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share were up 10.00% over the past year to $3.19, which beat the estimate of $2.92.
Revenue of $3,602,000,000 up by 13.41% year over year, which beat the estimate of $3,440,000,000.
Guidance
The upcoming fiscal year’s EPS expected to be between $7.70 and $8.00.
The upcoming fiscal year’s revenue expected to be between $12,100,000,000 and $12,300,000,000.
Details Of The Call
Date: Jul 19, 2021
Time: 09:00 AM
ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fir.tractorsupply.com%2F&eventid=3195812&sessionid=1&key=257F8403003A0EF4CBA4FC7F46E993BC®Tag=&V2=false&sourcepage=register
Technicals
Company’s 52-week high was at $200.75
Company’s 52-week low was at $127.78
Price action over last quarter: down 0.31%
Company Overview
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 1,943 stores in 49 states and 184 Petsense stores. Stores are typically located in towns outside of urban areas and in rural communities. In fiscal 2020, revenue consisted primarily of livestock and pet (47%), hardware, tools, and truck (21%), and seasonal gift and toy (21%).
