Content about Tractor Supply

May 27, 2014

Work has begun on a new Tractor Supply store in Raton City, New Mexico, where the population stands at less than 7,000.

The 19,000-sq.-ft. store is expected to be open in mid-September, according to an article in the Sangre de Cristo Chronicle.    

March 4, 2014

It’s not just Tractor Supply that’s riding a wave of growth in the sector for hobby farmers and backyard ranchers.

This is not an article about Tractor Supply.

But let’s face it. You can’t write about the farm-and-ranch retail sector without referring to the Brentwood, Tenn.-based giant either as a competitor or as a role model.

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.

December 9, 2013

Tractor Supply, Scotts and Newell Rubbermaid pace the field on the Home Channel Stock Roundup. Gas prices hold steady at about $3.26 for a gallon of regular.

 

November 4, 2013

Effective Jan. 1, Cynthia Jamison will succeed James Wright as chairman of the board at Tractor Supply.

Jamison has served as lead director with the board since 2010, which she joined in 2002. Previously, she served as CFO of Australian irrigation company AquaSpy Inc. and was a partner with professional services firm Tatum LLC, where she served as CFO and COO for various companies.

October 25, 2013

Tractor Supply rose 8.12% to $73.94 one day after a decrease of 0.22%.

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. 

August 29, 2013

Brentwood, Tenn.-based Tractor Supply approved a 2-for-1 stock split, to be initiated Sept. 18. 

It will be the company's fourth 2-for-1 split since 2002.

"This action is the result of our strong operating results and stock price performance, and reflects the confidence that the board and management have in our long-term business strategy and our ability to continue returning value to our shareholders," said executive chairman Jim Wright. 

July 25, 2013

Tractor Supply celebrated its 21st consecutive quarter of year-over-year same-store transaction count increases on its way to a double-digit sales gain for the three-months ended June 29.

The Brentwood, Tenn.-based farm and ranch giant posted second-quarter sales of $1.46 billion, up 12.7% from $1.29 billion a year ago. Net income for the quarter rose 15.9% to $123.6 million, up from $106.6 million. 

July 9, 2013

Tractor Supply (TSCO) reached a new 52-week high Monday, closing at $119.14 and breaking its previous 52-week record of $118.86.

July 1, 2013

Tractor Supply leads the stocks on the Home Channel Stock Roundup. Elsewhere, gas prices slipped to $3.49 for a gallon of regular, down from $3.61 a month ago.

June 19, 2013

No matter how you slice them, the numbers of the HCN Top 300 Industry Scoreboard reflect the rising housing market, increased spending on the home and an easy comparison with the previous year's performance.

Of the leading 300 home channel retailers, 277 show positive sales in the most recently completed finished fiscal year, and 12 show declines. Eleven others are listed as flat.

June 14, 2013

Most home channel stocks declined in trading Friday. Shares of Orchard Supply sank 11.74%, while LP and Valspar both declined 2.39%. 

June 12, 2013

 All of the stocks on the HCN Stock Watch saw decreases, except for two companies, Scotts and Tractor Supply, which were up 0.13% and 0.53%, respectively.

June 6, 2013

Twenty-seven stocks were down, two -- Beacon and Tractor Supply -- were up, and one -- Central Garden & Pet -- remained unchanged.

 

April 25, 2013

Even with no early spring in 2013, comp-store sales increased 0.5% for the Brentwood, Tenn.-based farm and ranch retailer

February 25, 2013

Don't look now, but gas prices are creeping higher, according to the AAA national average. Elsewhere on the Dashboard, Tractor Supply leads a mixed performance on the Stock Roundup.

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.

February 11, 2013

Tractor Supply and Lowe's pace the monthly gainers on the Home Channel Stock Roundup. Elsewhere on the Dashboard, gas prices perk up.

February 4, 2013

It was a good month for Tractor Supply, and a good year for Sherwin-Williams on the Home Channel Stock Watch. Also on the Dashboard, Consumer Confidence slipped.

November 2, 2012

Among the top 10 companies on the 2012 Home Channel News Industry Scoreboard, none grew faster than Brentwood, Tenn.-based Tractor Supply. The farm-and-ranch lifestyle provider showed a 16.3% sales increase and an overall ranking of seventh on the Top 300 retailer list.

Rural King Supply of Mattoon, Ill., moved up the list from 25th to 22nd. Also moving up the rankings were Atwood Ranch & Home of Enid, Okla., and Bomgaars Supply of Sioux City, Iowa.

October 25, 2012

Tractor Supply reported that net sales for the third quarter increased 9% to $1.07 billion from $977.8 million in the prior year's third quarter. Same-store sales increased 2.9% compared with a very strong 11.5% increase in the prior-year period. The same-store sales increase was driven primarily by continued strong results in key consumable, usable and edible products, principally animal- and pet-related merchandise. 

September 28, 2012

Brentwood, Tenn.-based Tractor Supply has announced a management succession plan to take effect Jan. 1.

Jim Wright, who was named CEO of Tractor Supply in 2004 and who took on the additional role of chairman in 2007, will be replaced by Gregory Sandfort, currently the company’s chief operating officer.

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