Tractor Supply (TSCO)

Consumer Discretionary · $19.4B market cap · SEC CIK 0000916365

Next reports on Jan 27, 2027, after the close, with analysts expecting $0.42 in earnings per share.

52-week range $28.36 to $56.94. 34% below its 52-week high and 32% above its low.

The case for TSCO

• Earns 38% back on shareholder equity.
• Moves less than the market (beta 0.46).
• Pays a modest 2.1% dividend.

The case against

• Down 31.1% over the past year.
• Earnings per share fell 10.3%.
• Long-term debt of $1.8B against $194M of cash.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Consumer Discretionary companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Each factor except momentum is half fixed thresholds, half rank among the 48 Consumer Discretionary companies.

The financials

The financials, five years deep

Pulled from Tractor Supply's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What Tractor Supply says it does

Overview Tractor Supply Company (the “Company” or “Tractor Supply” or “we” or “our” or “us”) is the largest rural lifestyle retailer in the United States (“U.S.”). The Company is focused on supplying the needs of recreational farmers, ranchers, and all those who enjoy living the rural lifestyle (which we refer to as the “ Out Here ” lifestyle). We operate retail stores under the names Tractor Supply Company and Petsense by Tractor Supply. Our stores are located primarily in towns outlying major metropolitan markets and in rural communities. We also offer an expanded assortment of products through the Tractor Supply mobile application and online at TractorSupply.com, Petsense.com, and Allivet.com. On December 30, 2024, the Company completed its acquisition of Allivet, an online pet pharmacy. Pursuant to the agreement governing the transaction, the Company acquired 100% of the equity interest in Allivet for a purchase price of $135.0…

Risk factors TSCO lists in its 10-K

• We may be unable to increase sales at our existing stores
• Our merchandising and marketing initiatives may not provide expected results
• We may not timely identify or effectively respond to consumer needs, expectations, or trends, which could adversely affect our relationship with customers, the demand for our products and services, and our market share
• Failure to open and manage new stores in the number and manner currently contemplated could adversely affect our financial performance
• Competition may hinder our ability to execute our business strategy and adversely affect our operations
• We may pursue strategic acquisitions and the failure of an acquisition to produce the anticipated results or the inability to fully integrate the acquired companies could have an adverse impact on our business
• Failure to protect our reputation could have a material adverse effect on our brand name or any of our Owned Brands
• Unseasonal and extreme weather conditions, natural disasters, and climate change may have a significant impact on our financial condition and results of operations
• Weather conditions may cause a disruption in our distribution and transportation network that would adversely affect our ability to conduct our operations
• We may be adversely affected by legal, regulatory, or market responses to global climate change
• Our investors, other stakeholders, and regulators may not be satisfied with our ESG efforts including DE&I
• General economic and geopolitical conditions may adversely affect our financial performance
• Purchase price volatility, including inflationary and deflationary pressures, may adversely affect our financial performance
• Our failure to attract and retain qualified team members, increases in wage and labor costs, and changes in laws and other labor issues could adversely affect our financial performance
• The loss of current members of our senior management team and other key team members or the failure to successfully manage an executive officer transition may adversely affect our operating results
• We face risks associated with vendors from whom our products are sourced
• A significant disruption to our distribution network or to the timely receipt of inventory could adversely impact sales or increase our transportation costs, which would decrease our profits
• The implementation of our supply chain initiatives could disrupt our operations in the near term, and these initiatives might not provide the anticipated benefits or might fail
• We are subject to payments-related risks that could increase our operating costs, expose us to fraud, subject us to potential liability, and potentially disrupt our business
• Our business and operations could suffer material losses in the event of system interruptions or failures
• Customer-facing technology systems are an important part of our sales and marketing strategy and the failure of those systems to perform effectively and reliably could keep us from delivering positive customer experiences
• Our increasing use of and investment in artificial intelligence and other emerging technologies could adversely affect our business, financial condition, and reputation
• Changes in market conditions or in our credit rating could restrict capital and adversely affect our business operations and growth initiatives
• Our level of indebtedness could limit our cash flow available for operations and could adversely affect our ability to service our debt or obtain additional financing
• We cannot provide any guaranty of future dividend payments or any guaranty that we will continue to repurchase our common stock pursuant to our stock repurchase program
• The market price for our common stock might be volatile and could result in a decline in value
• Impairment of the carrying value of our goodwill or other intangible assets could adversely affect our financial condition and results of operations
• We are subject to personal injury, workers’ compensation, product liability, discrimination, harassment, wrongful termination, wage and hour, and other claims in the ordinary course of business
• Our business could be negatively impacted as a result of federal, state, local, or foreign laws and regulations
• Potential noncompliance with environmental regulations could materially impact our results of operations, financial condition, or reputation
• Failure to maintain an effective system of internal control over financial reporting could materially impact our business and results
• Effective tax rate changes and results of examinations by taxing authorities could materially impact our results

Filings

Other Consumer Discretionary companies