Tractor Supply Co
TSCO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &D | LOCK|Rn< | LOCK|H&Pxd<! |
Tractor Supply Earnings: Current Companion-Animal Weakness Masks Long-Term Demand Potential
Tractor Supply posted first-quarter sales growth of 3.6% to $3.59 billion, driven primarily by new store openings, as comparable-store sales were soft, up just 0.5%. EPS of $0.31 declined 7.2%, as cost deleverage more than offset efficiency gains. Shares fell about 10% in midday trading on April 21.
