Content about Greg Sandfort

January 30, 2014

Brentwood, Tenn.-based Tractor Supply Co., the nation’s largest farm-and-ranch retailer, reported big gains in sales and earnings for the fourth quarter and full year. 

The company reported nets sales of $1.42 billion in the fourth quarter, up from $1.29 billion in the same quarter last year. Comparable-store sales increased 3.5%.

Net income for the quarter was $95.9 million, up from $79.5 million in the same quarter last year. 

January 13, 2014

Tractor Supply CEO Greg Sandfort is one of six new executives on the National Retail Federation board of directors.

In addition to Sandfort, the group includes Walmart CEO Bill Simon, Beall’s CEO Steve Knopik, J.C. Penney CEO Myron Ullman, SAP senior VP Lori Mitchell-Kell, and Utah Retail Merchants Association president Dave Davis. 

The retailers were elected to the board Sunday, the opening day of NRF’s 103rd Annual Convention and EXPO. They will serve three-year terms.

October 18, 2013

During a recent Goldman Sachs investor conference, analyst Matt Fassler described Tractor Supply as “one of the most unique differentiated growth stories in retail.”

That was the cue for CEO Greg Sandfort to share some of the Brentwood, Tenn.-based company’s insights into its large and growing brand of farm-and-ranch retailing. And he shredded a few myths of rural retailing in the process.

October 11, 2013

Tractor Supply CEO Greg Sandfort borrowed phrases from trendy multichannel retailers when he recently described his company’s online strategy.

“We have to have our site geared to giving customers the options for any way they like to engage with us,“ Sandfort said during the recent Goldman Sachs investor conference. 

October 8, 2013

Executives from Brentwood, Tenn.-based Tractor Supply Co. plan to ceremoniously ring the opening bell at the NASDAQ Stock Market in New York City Oct. 10.

The event is designed to celebrate the farm-and-ranch giant's 75th anniversary. 

President and CEO Greg Sandfort will be joined by former CEOs Joe Scarlett and Jim Wright in attendance, as well as CFO Tony Crudele and Cindie Jamison, lead director of the board.

July 29, 2013

During the farm-and-ranch giant's second-quarter earnings call, CEO Greg Sandfort described the strategic importance of the chain's center court area and drive aisle.

The areas are honed to boost sales per square foot as they host special events and introduce new and seasonal products, Sandfort told investors.

February 21, 2013

For the past several years, whenever Tractor Supply's CEO Jim Wright spoke about his company's earnings, he usually described a strong performance in a challenging environment — a 1,000-plus-store little engine that could.

Last month, his replacement, Greg Sandfort, picked up where Wright left off, pointing to a 10.8% fourth-quarter sales increase and a 24% increase in net income. In his first earnings call as CEO, Sandfort ran analysts through the Brentwood, Tenn.-based retailer's challenges and opportunities.

© 2014 Home Channel News. All Rights Reserved.