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Nationwide event on Saturday, Sept. 12, will showcase locally made goods, with the first 20 customers at each store receiving a limited-edition tote designed by an FFA member

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, is celebrating the people who grow, make, bake and create in communities across the country with its nationwide Harvest Fest on Saturday, Sept. 12. From 10 a.m. to 2 p.m. local time, participating Tractor Supply stores will welcome local farmers, makers, bakers and artisans to sell their goods in a farmers market-style event for the community.

“Out Here, our neighbors grow, make, bake and build incredible things every single day,” said Eric Jackson, Vice President of Marketing at Tractor Supply. “Harvest Fest is an opportunity to celebrate those talents and support local entrepreneurs. Many of these makers shop our aisles every week, so it’s a privilege to showcase their hard work and celebrate the communities that make Life Out Here so special.”

Adding a special FFA connection to this year's Harvest Fest, the first 20 customers at each store will receive a free limited-edition tote designed by FFA member Mia Harman of Bonners Ferry, Idaho. In April, Tractor Supply hosted a design contest for FFA members, inviting students to submit a bag design for the chance to receive a $250 Tractor Supply gift card as well as a $1,000 gift card for their FFA chapter to use toward funding future projects. Mia’s winning design captures the essence of life on the farm with livestock, produce and an idyllic barn, and is centered around the phrase “Rooted in Ag.”

Popular Harvest Fest items include handmade crafts such as birdhouses, wind chimes, jewelry, crocheted items and custom-forged knives; homemade cakes, bread, hot sauce and popcorn; local honey, canned goods, fresh produce and so much more. After attendees fill their totes, they can browse Tractor Supply’s extensive lineup of seasonal farm-inspired accents and Halloween costumes and décor. Customers will also receive a coupon for $1 off Pepsi products with a $5 spend, while supplies last.

To further support FFA members, customers can donate to Tractor Supply’s FFA Future Leaders fundraiser at checkout in-store or online until Sunday, Sept. 20. Donations fund scholarships for FFA members pursuing studies in skilled trades or agriculture-related fields.

For details on your community’s Harvest Fest event, visit your local Tractor Supply store or find a location at TractorSupply.com/store-locator.

About Tractor Supply Company

For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 290 on the Fortune 500. The Company’s more than 54,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the U.S., in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.

As of June 27, 2026, the Company operated 2,463 Tractor Supply stores in 49 states and 209 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.

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Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, celebrated its top vendor partners for 2026 during its annual Partnership Conference, held Sept. 1 – 3 in Nashville, Tennessee. Honorees were selected for their commitment to innovation, collaboration, service and delivering quality products and value for Tractor Supply customers.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260903793966/en/

Hal Lawton, President and CEO of Tractor Supply Company, left, presents the 2026 Company Partner of the Year Award to Cargill at the Tractor Supply annual Partnership Conference, held Sept. 1 – 3 in Nashville, Tennessee.

“Our vendor partners share our dedication to forward-thinking collaboration and to delivering reliable merchandise our customers expect from Tractor Supply,” said Seth Estep, Executive Vice President and Chief Merchandising Officer at Tractor Supply. “Their expertise and partnership help us bring customers the right products at the right value while continually finding new and better ways to support Life Out Here.”

Cargill earned Tractor Supply’s 2026 Company Partner of the Year award for exceptional business growth, customer focus and collaboration over the past year. The Cargill team worked closely with Tractor Supply across marketing, retail media, supply chain, direct sales, store operations and merchandising to drive growth, strengthen customer engagement and deliver the products and solutions customers need. Their ability to collaborate across the business and respond to evolving customer needs helped deliver strong results and create new opportunities for growth.

Across every category, this year's award winners demonstrated what great partnership looks like, bringing innovative products to market, responding quickly to changing customer needs and working alongside Tractor Supply to improve execution and deliver greater value. Their contributions help Tractor Supply better serve customers and support Life Out Here.

Tractor Supply recognized 16 partners across merchandising, digital, supply chain, service, community impact and other areas of the business. The 2026 vendor award winners are:

Company Partner of the Year: CargillAg & Rec Division Partner of the Year: Ragan and Massey, LLCClothing & Gift Division Partner of the Year: Fred DavidCommunity Impact Partner of the Year: PepsiCoCompanion Animal Division Partner of the Year: Nestlé Purina PetCareDigital Partner of the Year: Bluebonnet FeedsEquine, Livestock & Poultry Division Partner of the Year: StandleeExclusive Brand Partner of the Year: KL OutdoorGrower of the Year: New Leaf GrowersInnovation Partner of the Year: Fair Game GroupPetsense Partner of the Year: Golden Pet BrandsRookie of the Year: ProSteel Security Products Inc.Seasonal Division Partner of the Year: Bad Boy MowersService Partner of the Year: American Solutions for BusinessSupply Chain Partner of the Year: Telfair Forest Products, LLCTruck, Tool & Hardware Division Partner of the Year: Lincoln ElectricFor more information about vendor partnerships at Tractor Supply, visit the Company’s Vendor Center.

About Tractor Supply Company

For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 290 on the Fortune 500. The Company’s more than 54,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the U.S., in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.

As of June 27, 2026, the Company operated 2,463 Tractor Supply stores in 49 states and 209 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260903793966/en/

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Behind every FFA Future Leaders Scholarship is a young person with a plan for the future, and a community helping make that plan possible. Today, Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, and the Tractor Supply Company Foundation announced 146 recipients of the 2026 FFA Future Leaders Scholarship. The students, representing 32 states, are pursuing careers ranging from agribusiness, agricultural engineerin.

The specialty pet retailer brings delivery in as fast as an hour to pet lovers nationwide with no markups

, /PRNewswire/ -- Instacart (Nasdaq: CART), a leading grocery technology company in North America, and Petsense by Tractor Supply, a wholly owned subsidiary of Tractor Supply Company (Nasdaq: TSCO), today announced a new partnership making Instacart the exclusive same-day delivery partner for Petsense. Starting today, customers can shop Petsense's large assortment of pet foods and supplies through the Instacart App and website, with same-day delivery in as fast as an hour with no markups.

Petsense by Tractor Supply joins the Instacart Marketplace with no markups for delivery in as fast as an hour "Petsense has built a loyal following among pet owners who care deeply about the wellbeing of their animals," said Blake Wallace, Vice President of Commercial Partnerships. "We're thrilled to be Petsense's exclusive same-day delivery partner, making it easier than ever for customers to get the specialty products their pets love, whenever they need them."

"At Petsense, we believe that ensuring the health and happiness of your pets should be the easiest decision you make in a day," said Shawn Blankenship, Vice President of Petsense by Tractor Supply. "By partnering with Instacart to offer same-day delivery, customers can now receive our top-quality assortment of pet food and supplies in as little as an hour. This partnership represents our commitment to being the most convenient and dependable place to shop for your pets."

With over 130 stores nationwide, Petsense offers a carefully curated selection of boutique and specialty brands, many exclusive to their stores, chosen for their exceptional quality and commitment to pet health and well-being.

Petsense joins more than 2,200 national and local retail banners on the Instacart Marketplace. To welcome Petsense to the Instacart Marketplace, customers can take $10 off their first qualifying $50 Petsense purchase on Instacart* now through September 30 on Instacart.

To start shopping Petsense, customers can visit https://www.instacart.com/store/petsense/storefront or download the Instacart App on their mobile device.

About Instacart

Instacart is a leading grocery technology company that partners with more than 2,200 retail banners -- representing nearly 100,000 stores -- to transform how people shop for the groceries they need from the retailers they trust, while creating flexible earning opportunities for shoppers. Through the Instacart Marketplace, Instacart Enterprise platform, and Instacart Ads ecosystem, the company powers ecommerce, fulfillment, in-store technology, AI offerings, and advertising for partners. For more information, visit www.instacart.com/company. Maplebear Inc. is the registered corporate name of Instacart.

About Petsense by Tractor Supply

Petsense by Tractor Supply, a wholly owned subsidiary of Tractor Supply Company (NASDAQ: TSCO), is a pet specialty retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities. Founded in 2005, Petsense by Tractor Supply specializes in providing a large assortment of pet food, supplies and services, such as grooming and training, and offering customers a tailored experience while providing the top-quality products they need at a price they love. Petsense by Tractor Supply carries a range of nationally recognized brands including Fromm, Orijen, Acana, Purina Pro Plan, Hill's Science Diet, Victor, Royal Canin, and NutriSource. Petsense by Tractor Supply is also committed to promoting responsible pet ownership through pet adoptions, community involvement and education. As of August 25, 2026, the Company operated 209 total Petsense stores across 23 states. For more information on Petsense by Tractor Supply, visit www.Petsense.com.

*$15 off for qualifying customers is valid through 9/30/2026 at 11:59PM PT and is valid only in the United States for your first Petsense order of $50 or more and purchased through Instacart, while supplies last. Discount will be applied to the total purchase price, and excludes taxes, service fees, special handling fees and/or other fees; offer cannot be applied to alcohol products. Deliveries subject to availability. In order to take advantage of this offer, customers must have a valid account on Instacart with a valid form of accepted payment on file. Only one offer per household. Instacart reserves the right to modify or cancel this offer at any time. Offer may not be sold, copied, modified, transferred or used retroactively for prior purchases. Void where restricted or prohibited by law. Offer may not be combined with any other sale, promotion, discount, code, coupon, and/or offer. Offer has no cash value. Instacart is not a retailer or seller. Instacart may not be available in all zip or post codes.

SOURCE Maplebear Inc. dba Instacart

Beacon Pointe Advisors LLC bought a new stake in Tractor Supply Company (NASDAQ:TSCO – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 473,271 shares of the specialty retailer’s stock, valued at approximately $14,960,000. Beacon Pointe Advisors LLC owned about 0.09% of Tractor Supply at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TSCO. Garner Asset Management Corp acquired a new stake in Tractor Supply during the 4th quarter worth $25,000. Elevation Wealth Partners LLC grew its holdings in shares of Tractor Supply by 1,253.4% during the second quarter. Elevation Wealth Partners LLC now owns 785 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 727 shares during the last quarter. Reflection Asset Management purchased a new position in shares of Tractor Supply during the fourth quarter worth about $26,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Tractor Supply during the second quarter worth about $26,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of Tractor Supply during the fourth quarter worth about $27,000. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Tractor Supply Price Performance TSCO stock opened at $34.72 on Friday. The firm has a 50 day moving average of $32.31 and a 200-day moving average of $38.02. The company has a market cap of $18.21 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 11.29 and a beta of 0.47. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. Tractor Supply Company has a 12-month low of $28.36 and a 12-month high of $62.87.

Tractor Supply (NASDAQ:TSCO – Get Free Report) last announced its earnings results on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). The business had revenue of $4.54 billion for the quarter, compared to analyst estimates of $4.58 billion. Tractor Supply had a return on equity of 41.74% and a net margin of 6.42%.The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 EPS. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. As a group, equities analysts expect that Tractor Supply Company will post 1.93 EPS for the current fiscal year. Tractor Supply Dividend Announcement The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is currently 50.00%.

Wall Street Analysts Forecast Growth A number of brokerages have recently issued reports on TSCO. Mizuho set a $28.00 target price on shares of Tractor Supply and gave the stock a “neutral” rating in a research report on Friday, July 24th. Wolfe Research set a $34.00 price target on shares of Tractor Supply in a research note on Thursday, July 16th. Evercore reissued an “outperform” rating and set a $40.00 price objective on shares of Tractor Supply in a research report on Tuesday, July 7th. Wall Street Zen cut shares of Tractor Supply from a “hold” rating to a “sell” rating in a report on Sunday, July 12th. Finally, Guggenheim set a $40.00 target price on shares of Tractor Supply and gave the stock a “buy” rating in a research note on Friday, July 24th. Thirteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $39.31.

View Our Latest Research Report on TSCO

Insider Transactions at Tractor Supply In other Tractor Supply news, Director Edna Morris acquired 1,560 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the acquisition, the director directly owned 279,720 shares of the company’s stock, valued at $9,074,116.80. This trade represents a 0.56% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Harry A. Lawton III acquired 15,600 shares of the stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of $32.15 per share, with a total value of $501,540.00. Following the transaction, the chief executive officer owned 15,600 shares of the company’s stock, valued at approximately $501,540. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 20,310 shares of company stock worth $652,411 over the last ninety days. 0.64% of the stock is currently owned by corporate insiders.

(Free Report)

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.

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Advisors Capital Management LLC bought a new position in shares of Tractor Supply Company (NASDAQ:TSCO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,662 shares of the specialty retailer’s stock, valued at approximately $463,000.

Other institutional investors also recently modified their holdings of the company. Vise Technologies Inc. acquired a new position in shares of Tractor Supply during the 2nd quarter worth about $1,015,000. Somerville Kurt F acquired a new stake in shares of Tractor Supply in the 2nd quarter valued at approximately $711,000. Uptick Partners LLC acquired a new stake in shares of Tractor Supply in the 2nd quarter valued at approximately $210,000. Csenge Advisory Group bought a new position in Tractor Supply during the 2nd quarter worth approximately $2,571,000. Finally, Johnson Financial Group Inc. bought a new position in Tractor Supply during the 2nd quarter worth approximately $126,000. 98.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In A number of research firms recently commented on TSCO. Loop Capital lowered their price objective on shares of Tractor Supply from $41.00 to $35.00 and set a “hold” rating for the company in a research report on Tuesday, June 16th. DA Davidson reduced their target price on Tractor Supply from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Monday, June 22nd. Zacks Research cut Tractor Supply from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Raymond James Financial lowered their price target on Tractor Supply from $48.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, July 17th. Finally, Guggenheim set a $40.00 target price on Tractor Supply and gave the stock a “buy” rating in a research note on Friday, July 24th. Thirteen analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Tractor Supply presently has a consensus rating of “Hold” and an average target price of $39.31.

Read Our Latest Stock Analysis on TSCO Insider Buying and Selling at Tractor Supply In other news, Director Edna Morris bought 1,560 shares of the stock in a transaction on Tuesday, August 4th. The shares were purchased at an average cost of $32.44 per share, for a total transaction of $50,606.40. Following the completion of the purchase, the director directly owned 279,720 shares in the company, valued at $9,074,116.80. This represents a 0.56% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Harry A. Lawton III purchased 15,600 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average cost of $32.15 per share, for a total transaction of $501,540.00. Following the transaction, the chief executive officer directly owned 15,600 shares in the company, valued at approximately $501,540. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have acquired 20,310 shares of company stock valued at $652,411. Corporate insiders own 0.64% of the company’s stock.

Tractor Supply Stock Performance Shares of TSCO stock opened at $34.98 on Friday. The firm has a market capitalization of $18.35 billion, a price-to-earnings ratio of 18.22, a PEG ratio of 11.40 and a beta of 0.47. The company has a current ratio of 1.33, a quick ratio of 0.23 and a debt-to-equity ratio of 0.83. The business’s 50-day moving average price is $31.82 and its 200-day moving average price is $38.69. Tractor Supply Company has a 12 month low of $28.36 and a 12 month high of $62.89.

Tractor Supply (NASDAQ:TSCO – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.01). Tractor Supply had a net margin of 6.42% and a return on equity of 41.74%. The business had revenue of $4.54 billion during the quarter, compared to the consensus estimate of $4.58 billion. During the same quarter last year, the business earned $0.81 EPS. The firm’s quarterly revenue was up 2.3% compared to the same quarter last year. Tractor Supply has set its FY 2026 guidance at 1.900-2.000 EPS. Equities research analysts forecast that Tractor Supply Company will post 1.93 EPS for the current year.

Tractor Supply Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Monday, August 24th. Tractor Supply’s dividend payout ratio (DPR) is 50.00%.

(Free Report)

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.

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Alecta Tjanstepension Omsesidigt lessened its stake in Tractor Supply Company (NASDAQ: TSCO) by 22.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,703,400 shares of the specialty retailer's stock after selling 494,300 shares during the quarter. Alecta Tjanstepension Omsesidigt owned

It isn't an everyday occurrence to see an S&P 500 dividend growth stock trading near a 52-week low while its president and CEO is actively buying shares. But that is exactly the case with leading rural lifestyle retailer Tractor Supply Company (TSCO +0.17%).

As a Steady Eddie, S&P 500 stock with a 15-year streak of raising its dividend, Tractor Supply was already on my radar. However, after seeing that its president and CEO, Hal Lawton, was buying $500,000 worth of the company's shares, I thought it was a good time to revisit the stock while it trades near a once-in-a-decade valuation.

A CEO buy signal? While it can be a mistake to read too much into an insider transaction, the recent buying from Tractor Supply's top banana stands out -- especially since the purchases appear to be made with their own personal money. As famed investor Peter Lynch once explained, "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."

Image source: Getty Images.

I don't want to assign too much value to Lawton's purchase, but it is a nice sign to see, or at least a helpful tiebreaker for which stock to pick next from my shortlist. Though a $500,000 purchase isn't massive, at least compared to the global stock market's scale -- easy for me to say, having never made a purchase of that size, of course -- the timing of the purchase is interesting nonetheless.

Furthermore, numerous studies have shown that buying alongside insiders has historically been an outperforming proposition, including one study from Leslie A. Jeng, Andrew Metrick, and Richard Zeckhauser, which showed six percentage points of outperformance annually over time.

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Why buy Tractor Supply... The main reason Tractor Supply is on my shortlist of stocks to buy is that it has more than 41 million members who generate more than 80% of the company's total sales. This incredibly loyal customer base is a large reason that TSCO stock has been a 150-bagger since 1994.

TSCO Total Return Level data by YCharts

However, the company has run into a buzzsaw of headwinds over the last year, including:

Shrinking ticket sizes (big-ticket item pullback) A more cautious consumer in general Ever-changing tariff shifts Post-pandemic normalization, after many big-ticket purchases made in 2020 and 2021 have not yet needed to be repeated Whether customers bought the new mower they wanted during COVID-19, are balking at the costs of bigger items due to tariffs, or simply being more cautious in an inflationary environment, Tractor Supply's same-store sales finally turned negative in the last quarter.

That said, the company generates most of its sales from consumable, usable, and edible goods like livestock feed, farm essentials, and pet supplies, so there is a large base of intact sales that is likely never-ending, provided Tractor Supply takes care of its core customers. As the company continues to inch its store count higher (to roughly 3,200 by 2030 from 2,600 today), sales growth should be fine over the longer term. Similarly, after its May acquisition of VIP Petcare -- a mobile veterinary care clinic with 2,700 retail locations -- further sales growth should be unlocked.

...and why now? Whether you prefer to look at earnings before interest, taxes, depreciation, and amortization (EBITDA), or just plain net income, Tractor Supply is valued about as cheaply as it has been over the last decade.

TSCO P/E and EV/EBITDA Ratios data by YCharts

This isn't quite deep-value territory just yet, but it is a pretty great discount for a company with Tractor Supply's track record.

Furthermore, the company's 2.7% dividend yield is well above its 10-year average of 1.5%. Despite raising its dividend payments for 15 straight years, Tractor Supply currently only uses 49% of its net income to fund its payouts, leaving ample room for growth further down the road.

The cherry on top for investors?

Management has reduced the company's shares outstanding by 2.4% annually over the last decade, eliminating one-fifth of its shares along the way and generating even more value for investors.

Thanks to the company's niche-leading operations, loyal members, and once-in-a-decade valuation, I'm pretty confident I'll be buying along with Tractor Supply's president and CEO soon.

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today that Animal Days are back just in time for the dog days of summer. The two-week event celebrates animals of all kinds and the people and organizations that care for them with exclusive deals, giveaways, adoption events and donations. Leashed pets are invited and encouraged to join in the fun during Animal Days and throughout the year. “From the bac.

Harry A. Lawton III, President & CEO of Tractor Supply Company (TSCO +1.38%), purchased 15,600 shares of common stock on Aug. 4, 2026. SEC Form 4 filing

Transaction summaryMetricValueTransaction value$501,540Shares purchased (indirectly held)15,600Post-transaction shares (directly held)523,860Post-transaction shares (indirectly held)17,731Post-transaction value~$17.9 millionTransaction value based on SEC Form 4 weighted average purchase price ($32.15); post-transaction value based on August 04, 2026, market close ($33.12).

Key questionsWhat was the structural nature of this transaction?
The acquisition was completed indirectly through an Irrevocable Trust, representing a 732% increase in the CEO's total indirect holdings. Prior to this trade, indirect ownership consisted of 2,131 shares held through a stock purchase plan.How does this purchase impact the CEO's total ownership profile?
Following the transaction, the CEO maintains a total beneficial ownership of 541,591 shares. This consists of ~524,000 shares held directly and 17,731 shares held indirectly across the Irrevocable Trust and a stock purchase plan.What contextual adjustments were disclosed in the filing?
Footnotes in the SEC filing indicate a downward clerical correction of 111,155.746 shares to previously reported direct ownership balances. This adjustment was made to resolve errors in prior reporting and does not represent a market-based disposition of stock.What is the company snapshot for Tractor Supply Company?
Tractor Supply Company is a prominent retailer catering to the rural lifestyle demographic throughout the United States. As of the Aug. 4, 2026 market close, the firm maintained a market capitalization of $17.4 billion and reported trailing-twelve-month revenue of $15.8 billion.Company OverviewMetricValueShare Price (as of market close 2026-08-04)$33.12Market Capitalization$17.4 billionRevenue (TTM)$15.8 billionNet Income (TTM)$1.0 billionCompany SnapshotTractor Supply Company operates as a specialty retailer offering a comprehensive product portfolio, including equine and livestock supplies, pet care products, hardware, tools, towing equipment, seasonal goods, and power tools, generating revenue across multiple categories and serving the rural-lifestyle consumer.The company operates a retail-based business model with physical store locations throughout the United States, providing convenient access to essential supplies and equipment for rural and agricultural customers while maintaining operational scale across 52,000 employees.The company primarily serves rural consumers, agricultural operators, and lifestyle-oriented customers across the United States who require specialized products for animal husbandry, property maintenance, and outdoor living.Tractor Supply Company represents a significant player in specialty retail with a market capitalization of $17.4 billion and TTM revenues of $15.8 billion, positioning it as a leading retailer focused on the rural lifestyle demographic. The company's diversified product offering across animal care, tools, hardware, and seasonal goods provides multiple revenue streams while serving an underserved market segment with specialized retail infrastructure. With a net profit margin of approximately 6.3% on TTM revenues, the company demonstrates operational efficiency in serving its core customer base across the United States.

What this transaction means for investorsPresident and CEO Lawton’s purchase is certainly eye-catching for a number of reasons. A Peter Lynch quote sums up the first reason why this is a noteworthy event, saying, “Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise." While Lawton’s purchase isn’t massive -- though farbeit for me to say half a million isn’t a massive investment -- it’s his own money and he’s adding to a stock that has seemingly been overly punished lately.

This brings us to the second reason the deal should be interesting to current or prospective shareholders. Tractor Supply stock is down 44% over the last year, and Lawton seems to think the shares may be due for a turnaround at today’s price. The company currently trades with an EV/EBITDA ratio of just 13 and P/E ratio of 18, following its decline, so the market isn’t demanding massive growth from the steady rural lifestyle retailer. Best of all for investors, its 2.5% dividend yield remains well-funded and is near an all-time high.

With Tractor Supply home to over 41 million loyalty members that help generate more than 80% its sales, the company’s customer base is immensely loyal and will help it survive tough times like today’s. Yes, same-store sales decreased by 1.5% last quarter thanks to the ongoing cautious consumer spending environment, but this should prove to be temporary, like it always has over Tractor Supply’s 86 years of operations.

Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tractor Supply. The Motley Fool recommends the following options: short October 2026 $35 calls on Tractor Supply. The Motley Fool has a disclosure policy.

Key Takeaways Tractor Supply's 16.7X forward valuation comes as operating expectations have weakened.Adjusted 2026 EPS guidance fell to $1.90-$2.00, with comparable sales seen down 1% to flat.Digital growth, pet expansion and strong cash flow support investment while demand remains soft. Tractor Supply Company (TSCO - Free Report) trades well below its historical valuation norm, but the discount has arrived alongside lower earnings expectations and continued pressure on discretionary demand. That makes the valuation reset less straightforward than the headline multiple suggests.

Investors have to weigh cheaper pricing against weaker earnings visibility, elevated costs and management’s effort to restore comparable-sales momentum. Digital growth, pet initiatives and healthy cash generation provide offsets, but the near-term investment signals remain cautious.

TSCO's Valuation Discount Comes With Trade-OffsTSCO trades at 16.7X forward 12-month earnings, well below its five-year median of 22.9X. That gap shows how far the stock’s valuation has reset as operating expectations have weakened.

Image Source: Zacks Investment Research

The relative-value picture is less decisive. TSCO’s multiple remains above the Retail - Miscellaneous sub-industry’s 15.6X. The Home Depot, Inc. (HD - Free Report) and Lowe’s Companies, Inc. (LOW - Free Report) are useful adjacent-demand references because both serve home-improvement spending. Each reported 0.6% comparable-sales growth in its first fiscal quarter of 2026, pointing to a restrained backdrop across related discretionary categories.

Tractor Supply Faces Falling Earnings EstimatesThe Zacks Consensus Estimate for fiscal 2026 earnings is $1.93 per share, below the $2.06 earned in 2025. The current-fiscal-year earnings estimate has fallen 8.6% over the past four weeks and 9.8% over the past 12 weeks.

Management’s revised outlook reinforces that pressure. Tractor Supply now expects adjusted 2026 earnings of $1.90-$2.00 per share after lowering its earlier forecast of $2.13-$2.23. Comparable sales are projected to range from a 1% decline to flat, while adjusted operating margin is expected at 8.5%-8.8%.

TSCO Still Has Durable Growth LeversThe business still has several initiatives that can improve customer engagement and store productivity. Digital sales increased at a double-digit rate in the second quarter, helped by delivery from store, higher traffic and better conversion. Final Mile deliveries in the first half already matched the total completed in all of 2025, prompting an accelerated rollout.

Project Fusion remodels, localization and pet expansion add more avenues for growth. VIP Petcare complements Allivet by linking veterinary services, prescriptions and merchandise. Fresh and frozen pet offerings are also expanding, with the program on track to reach at least 700 stores by year-end.

Tractor Supply's Balance Sheet Supports InvestmentTractor Supply generated $653.1 million of operating cash flow in the first half of 2026 despite higher inventory investment and $435.7 million of capital expenditures. It ended the second quarter with $231.6 million in cash and cash equivalents.

The company also returned $260.9 million to shareholders in the second quarter through $135.3 million of share repurchases and $125.6 million of dividends. That cash generation gives Tractor Supply capacity to keep funding stores, remodels, digital initiatives and shareholder returns while demand remains soft.

TSCO's Signals Keep the Buy Case in CheckThe lower valuation alone does not make the near-term buy case convincing. TSCO currently carries a Zacks Rank #5 (Strong Sell). Because the Zacks Rank is driven by earnings-estimate revisions over a one- to three-month horizon, the current signal favors caution while estimates continue to move lower.

TSCO also has a VGM Score of F, a Value Score of D, a Growth Score of D and a Momentum Score of F. The Style Scores complement the Zacks Rank, with higher grades indicating more favorable characteristics. Taken together, the current readings support waiting for clearer earnings and operating improvement before viewing the valuation reset as a more attractive entry point.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

[url="]Tractor Supply Company[/url] (NASDAQ: [url="]TSCO[/url]), the largest rural lifestyle retailer in the United States, is getting in the Halloween spirit w

BRENTWOOD, Tenn.--(BUSINESS WIRE)--Tractor Supply Company today announced that its Board of Directors declared a quarterly cash dividend of the Company's common stock.

Andre J. Hawaux, Director, purchased 3,150 shares of Tractor Supply Company (TSCO -0.11%) on August 3, 2026, according to a recent SEC Form 4 filing.

Transaction summaryMetricValueTransaction value$100,264.50Shares purchased (indirectly held)3,150Post-transaction shares18,435Post-transaction shares (directly held)15,285Post-transaction shares (indirectly held)3,150Post-transaction value$591,947.85Insider ownership0.0035%Transaction value based on SEC Form 4 weighted average purchase price ($31.83); post-transaction value based on August 3, 2026 market close ($32.11).

Key questionsHow does this purchase affect the director's total equity exposure?
The addition of 3,150 shares represents a 21% increase in total beneficial ownership, expanding the insider's position from 15,285 shares to 18,435 shares.What is the structural nature of this new holding?
The shares were acquired indirectly through a revocable trust, marking a diversification of the director's holding structure which previously consisted entirely of 15,285 directly held shares.What is the recent performance context for this transaction?
The purchase was executed at $31.83 per share, a period during which the stock had seen a 44% decline in value over the preceding year as of the August 3, 2026 market close.Company OverviewMetricValueShare Price (as of market close 2026-08-03)$32.11Market Capitalization$16.9 billionRevenue (TTM)$15.8 billionNet Income (TTM)$1.0 billionCompany SnapshotTractor Supply Company operates as a specialty retailer offering a comprehensive product portfolio including animal health and husbandry supplies for equine, livestock, and pets, complemented by hardware, tools, truck and towing equipment, and seasonal merchandise such as heating solutions and gardening supplies.The company generates revenue through a multi-category retail model, operating physical store locations that serve as distribution points for its diverse product assortment while leveraging its rural-focused market positioning to drive customer traffic and basket size.The company's primary customer base comprises rural lifestyle consumers and agricultural operators throughout the United States who require integrated solutions for animal care, property maintenance, and outdoor living.Tractor Supply Company is a leading specialty retailer with a $16.9 billion market capitalization and $15.8 billion in TTM revenue, serving the rural American demographic through approximately 52,000 employees across its store network. The company maintains a competitive advantage through its specialized product curation tailored to rural and agricultural customers, combined with its extensive geographic footprint and integrated supply chain. With net income of $1.0 billion TTM, the company demonstrates operational efficiency and strong market positioning within the consumer cyclical specialty retail sector.

What this transaction means for investorsTractor Supply never explained to the public why Hawaux added to his position in Tractor Supply. However, the good news for investors is that such moves almost always indicate bullishness in the stock. Indeed, Tractor Supply trades at its lowest point since early in the decade as issues such as lower discretionary spending, weather conditions, and rising costs have weighed on the company’s results.

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Nonetheless, growth has not stopped. In the first half of 2026, net sales increased by 3%. This followed a 4% rise in net sales during 2025.

Admittedly, investors might feel dismayed that the net income of $525 million for the first two quarters of 2026 dropped 14% from year-ago levels. Still, the higher spending on selling, general, and administrative expenses occurred due to more rapid new store openings and higher capital investments that should improve its financials longer term.

Furthermore, it looks increasingly like the stock’s price has incorporated such challenges given its P/E ratio of 17. With that low valuation, investors have an added incentive to follow Hawaux’s lead and buy more shares in the consumer discretionary stock.

Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tractor Supply. The Motley Fool has a disclosure policy.

Tractor Supply (NASDAQ:TSCO) said its second-quarter results came in below expectations as unusually weak May trends offset positive comparable sales in April and June, prompting the rural lifestyle retailer to lower its fiscal 2026 outlook, withdraw its long-term financial framework and announce the closure of about 75 underperforming Petsense stores.

Chief Executive Officer Hal Lawton said the company’s “underlying business remains healthy,” but that the quarter was pressured by a combination of higher fuel prices during the spring selling season and persistent drought in key southeastern markets. Those factors weighed on discretionary and project-oriented categories, including big-ticket items and hardlines spring goods.

“Performance in our big ticket categories and hard lines spring goods during May alone reduced our Q2 comp sales by approximately two percentage points,” Lawton said, adding that needs-based businesses remained resilient.

Sales rise, but comparable sales decline Net sales increased approximately 2% to $4.5 billion, driven by new store growth and partly offset by lower comparable store sales. Comparable sales declined approximately 1.5%, reflecting lower transaction counts, modest inflation and softer discretionary demand, particularly in big-ticket categories.

Lawton said consumable, usable and edible categories remained positive during the quarter, while big-ticket sales declined in the mid-single digits, led by softness in spring and summer categories in May. Digital sales posted double-digit growth, supported by deliver-from-store performance, higher traffic and improved conversion.

Chief Financial Officer Kurt Barton said reported gross profit increased 2.6% to $1.68 billion, with gross margin expanding 11 basis points to 37.1%. On an adjusted basis, gross profit rose 3.0% to $1.69 billion, and adjusted gross margin expanded 24 basis points to 37.2% of net sales. Barton said disciplined product cost management and tariff refunds more than offset higher freight expense and investments in the company’s price-value position.

Reported SG&A expense increased 14.4% to $1.22 billion, including a $65.8 million charge tied to the Petsense business and $9.5 million in acquisition costs associated with VIP Petcare. Excluding those items, adjusted SG&A rose 7.3% and deleveraged by approximately 118 basis points as a percentage of sales, largely because of lower comparable sales. Adjusted operating income was $548.3 million, and adjusted diluted earnings per share were $0.81.

Company cuts 2026 outlook Tractor Supply updated its fiscal 2026 guidance to reflect year-to-date performance and expectations for the remainder of the year. The company now expects:

Net sales growth of approximately 2.5% to 3.5%. Comparable store sales in the range of negative 1% to flat. Adjusted operating margin of 8.5% to 8.8%. Adjusted diluted EPS of $1.90 to $2.00. Barton said the company’s base case assumes modest sequential improvement in comparable sales in the second half as recent actions take hold and comparisons ease. However, he said guidance also reflects the possibility that current pressures persist.

For the second half, Barton said gross margin is expected to be below the prior year, with greater pressure in the third quarter than the fourth. Freight costs, including fuel, are expected to remain elevated, while tariff refunds are expected to provide less benefit than they did in the second quarter. The company also plans to open its 11th distribution center early in the fourth quarter, with start-up costs beginning in the third quarter and continuing into the fourth.

Pet strategy remains a focus Lawton said pet performance remains below where the company wants it to be, though trends improved sequentially from the first quarter and Tractor Supply continues to hold share. He said category resets are complete, including more localized assortments, greater exposure to premium nutrition and a stronger exclusive brand portfolio.

The company’s Freshpet rollout was in approximately 250 stores at the end of the second quarter, and Tractor Supply remains on track to expand it to at least 700 stores by year-end. During the question-and-answer portion of the call, Chief Merchant Seth Estep said more than 40% of Freshpet buyers were either new pet food buyers at Tractor Supply or reactivated buyers.

Tractor Supply also completed its acquisition of VIP Petcare during the quarter. Lawton said the acquisition adds relationships with about 1 million pets annually through a network of 2,500 veterinarians across 39 states and helps connect veterinary services, prescriptions and products across physical and digital channels.

The company is also moving to improve its value proposition through its “unbeatable price” campaign, clearer everyday value messaging and targeted promotions. Estep said customer survey results showed a roughly 180-basis-point year-over-year improvement in customers’ price-value perception of Tractor Supply, with sequential improvement in June and stronger results in July.

Petsense closures and capital reallocation Tractor Supply said it will close approximately 75 underperforming Petsense stores following a review of the business. Lawton said in response to an analyst question that those locations have negative four-wall cash flow, and that closing them will allow the company to redeploy capital into the core business.

Lawton said the remaining Petsense business is expected to be “strong” and profitable, while complementing the broader pet ecosystem that includes Allivet and VIP Petcare. He also said Petsense is not directly connected to the core Tractor Supply business and that the closures should not affect the company’s pet re-acceleration efforts in Tractor Supply stores.

The company also said it plans to open approximately 85 to 90 new stores in 2027, compared with a previous expectation of 100 new stores. Lawton said capital will be redeployed toward Project Fusion remodels, store relocations and Final Mile delivery.

Lawton described Project Fusion as one of the company’s most important initiatives to improve the existing store base, citing localization and expanded pet wash as elements contributing to performance. He also said Final Mile delivery remains a strong growth opportunity, with Tractor Supply completing as many Final Mile deliveries in the first half of 2026 as it did in all of 2025.

Long-term framework withdrawn Tractor Supply withdrew the long-term financial framework it introduced at its December 2024 Investor Day. Barton said the prior targets reflected the operating environment and assumptions at that time, but several underlying conditions have changed, including softer farm and ranch markets and pressure across key end markets.

“We no longer believe it is appropriate to anchor investors to the long-term financial algorithm we previously outlined,” Barton said. The company plans to provide an updated long-term framework with its fourth-quarter 2026 earnings announcement.

Despite the revised outlook, Barton said Tractor Supply remains in a strong financial position, with healthy cash flow, a strong balance sheet and financial flexibility. He said share repurchase activity is expected to be toward the high end of the company’s original guidance range of $375 million to $450 million, and that Tractor Supply remains committed to returning capital to shareholders through a growing dividend.

About Tractor Supply (NASDAQ:TSCO) Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.

Contrarian Alert: 5 Downgraded Stocks That May Reward Long-Term InvestorsTractor Supply NASDAQ: TSCO said its second-quarter results came in below expectations as unusually weak May trends offset positive comparable sales in April and June, prompting the rural lifestyle retailer to lower its fiscal 2026 outlook, withdraw its long-term financial framework and announce the closure of about 75 underperforming Petsense stores.

Chief Executive Officer Hal Lawton said the company’s “underlying business remains healthy,” but that the quarter was pressured by a combination of higher fuel prices during the spring selling season and persistent drought in key southeastern markets. Those factors weighed on discretionary and project-oriented categories, including big-ticket items and hardlines spring goods.

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3 Retail Winners Using Cash Flow to Stay Ahead“Performance in our big ticket categories and hard lines spring goods during May alone reduced our Q2 comp sales by approximately two percentage points,” Lawton said, adding that needs-based businesses remained resilient.

Sales rise, but comparable sales decline Net sales increased approximately 2% to $4.5 billion, driven by new store growth and partly offset by lower comparable store sales. Comparable sales declined approximately 1.5%, reflecting lower transaction counts, modest inflation and softer discretionary demand, particularly in big-ticket categories.

Tractor Supply’s 10% Culling: A Bruise, Not a BreakLawton said consumable, usable and edible categories remained positive during the quarter, while big-ticket sales declined in the mid-single digits, led by softness in spring and summer categories in May. Digital sales posted double-digit growth, supported by deliver-from-store performance, higher traffic and improved conversion.

Chief Financial Officer Kurt Barton said reported gross profit increased 2.6% to $1.68 billion, with gross margin expanding 11 basis points to 37.1%. On an adjusted basis, gross profit rose 3.0% to $1.69 billion, and adjusted gross margin expanded 24 basis points to 37.2% of net sales. Barton said disciplined product cost management and tariff refunds more than offset higher freight expense and investments in the company’s price-value position.

Reported SG&A expense increased 14.4% to $1.22 billion, including a $65.8 million charge tied to the Petsense business and $9.5 million in acquisition costs associated with VIP Petcare. Excluding those items, adjusted SG&A rose 7.3% and deleveraged by approximately 118 basis points as a percentage of sales, largely because of lower comparable sales. Adjusted operating income was $548.3 million, and adjusted diluted earnings per share were $0.81.

Company cuts 2026 outlook Tractor Supply updated its fiscal 2026 guidance to reflect year-to-date performance and expectations for the remainder of the year. The company now expects:

Net sales growth of approximately 2.5% to 3.5%. Comparable store sales in the range of negative 1% to flat. Adjusted operating margin of 8.5% to 8.8%. Adjusted diluted EPS of $1.90 to $2.00. Barton said the company’s base case assumes modest sequential improvement in comparable sales in the second half as recent actions take hold and comparisons ease. However, he said guidance also reflects the possibility that current pressures persist.

For the second half, Barton said gross margin is expected to be below the prior year, with greater pressure in the third quarter than the fourth. Freight costs, including fuel, are expected to remain elevated, while tariff refunds are expected to provide less benefit than they did in the second quarter. The company also plans to open its 11th distribution center early in the fourth quarter, with start-up costs beginning in the third quarter and continuing into the fourth.

Pet strategy remains a focus Lawton said pet performance remains below where the company wants it to be, though trends improved sequentially from the first quarter and Tractor Supply continues to hold share. He said category resets are complete, including more localized assortments, greater exposure to premium nutrition and a stronger exclusive brand portfolio.

The company’s Freshpet rollout was in approximately 250 stores at the end of the second quarter, and Tractor Supply remains on track to expand it to at least 700 stores by year-end. During the question-and-answer portion of the call, Chief Merchant Seth Estep said more than 40% of Freshpet buyers were either new pet food buyers at Tractor Supply or reactivated buyers.

Tractor Supply also completed its acquisition of VIP Petcare during the quarter. Lawton said the acquisition adds relationships with about 1 million pets annually through a network of 2,500 veterinarians across 39 states and helps connect veterinary services, prescriptions and products across physical and digital channels.

The company is also moving to improve its value proposition through its “unbeatable price” campaign, clearer everyday value messaging and targeted promotions. Estep said customer survey results showed a roughly 180-basis-point year-over-year improvement in customers’ price-value perception of Tractor Supply, with sequential improvement in June and stronger results in July.

Petsense closures and capital reallocation Tractor Supply said it will close approximately 75 underperforming Petsense stores following a review of the business. Lawton said in response to an analyst question that those locations have negative four-wall cash flow, and that closing them will allow the company to redeploy capital into the core business.

Lawton said the remaining Petsense business is expected to be “strong” and profitable, while complementing the broader pet ecosystem that includes Allivet and VIP Petcare. He also said Petsense is not directly connected to the core Tractor Supply business and that the closures should not affect the company’s pet re-acceleration efforts in Tractor Supply stores.

The company also said it plans to open approximately 85 to 90 new stores in 2027, compared with a previous expectation of 100 new stores. Lawton said capital will be redeployed toward Project Fusion remodels, store relocations and Final Mile delivery.

Lawton described Project Fusion as one of the company’s most important initiatives to improve the existing store base, citing localization and expanded pet wash as elements contributing to performance. He also said Final Mile delivery remains a strong growth opportunity, with Tractor Supply completing as many Final Mile deliveries in the first half of 2026 as it did in all of 2025.

Long-term framework withdrawn Tractor Supply withdrew the long-term financial framework it introduced at its December 2024 Investor Day. Barton said the prior targets reflected the operating environment and assumptions at that time, but several underlying conditions have changed, including softer farm and ranch markets and pressure across key end markets.

“We no longer believe it is appropriate to anchor investors to the long-term financial algorithm we previously outlined,” Barton said. The company plans to provide an updated long-term framework with its fourth-quarter 2026 earnings announcement.

Despite the revised outlook, Barton said Tractor Supply remains in a strong financial position, with healthy cash flow, a strong balance sheet and financial flexibility. He said share repurchase activity is expected to be toward the high end of the company’s original guidance range of $375 million to $450 million, and that Tractor Supply remains committed to returning capital to shareholders through a growing dividend.

About Tractor Supply (NASDAQ:TSCO)Tractor Supply Company NASDAQ: TSCO is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Tractor Supply (TSCO - Free Report) reported $4.54 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 2.3%. EPS of $0.81 for the same period compares to $0.81 a year ago.

The reported revenue represents a surprise of -1.64% over the Zacks Consensus Estimate of $4.62 billion. With the consensus EPS estimate being $0.83, the EPS surprise was -2.41%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Tractor Supply performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Comparable store sales increase/(decrease): -1.5% versus the six-analyst average estimate of 0.6%.Number of stores - Petsense: 209 compared to the 206 average estimate based on five analysts.Number of stores: 2,672 compared to the 2,658 average estimate based on five analysts.Number of stores - Tractor Supply: 2,463 compared to the 2,456 average estimate based on five analysts.Sales per selling square foot: $108.44 compared to the $111.28 average estimate based on four analysts.Total selling square footage: 41.88 Msq ft compared to the 41.91 Msq ft average estimate based on four analysts.New stores opened - Tractor Supply: 28 compared to the 18 average estimate based on three analysts.New stores opened - Petsense: 3 versus 1 estimated by three analysts on average.View all Key Company Metrics for Tractor Supply here>>>

Shares of Tractor Supply have returned -2.3% over the past month versus the Zacks S&P 500 composite's +0.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

The farm-and-ranch retailer said it now expects sales to rise 2.5% to 3.5% this year, down from a prior outlook of up 4% to 6%.

Posted by Defense World Staff on Jul 22nd, 2026

California Public Employees Retirement System lowered its holdings in Tractor Supply Company (NASDAQ:TSCO – Free Report) by 24.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 798,642 shares of the specialty retailer’s stock after selling 253,706 shares during the period. California Public Employees Retirement System owned about 0.15% of Tractor Supply worth $36,178,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Bison Wealth LLC increased its stake in Tractor Supply by 356.1% in the 4th quarter. Bison Wealth LLC now owns 6,426 shares of the specialty retailer’s stock worth $341,000 after purchasing an additional 5,017 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Tractor Supply by 40.7% during the 1st quarter. Woodline Partners LP now owns 45,132 shares of the specialty retailer’s stock valued at $2,487,000 after acquiring an additional 13,051 shares in the last quarter. Intech Investment Management LLC increased its position in Tractor Supply by 26.9% in the 1st quarter. Intech Investment Management LLC now owns 26,162 shares of the specialty retailer’s stock worth $1,442,000 after purchasing an additional 5,542 shares during the last quarter. Sei Investments Co. raised its position in Tractor Supply by 1.2% during the second quarter. Sei Investments Co. now owns 316,009 shares of the specialty retailer’s stock valued at $16,676,000 after acquiring an additional 3,631 shares in the last quarter. Finally, Glenview Trust co raised its holdings in shares of Tractor Supply by 36.0% during the 2nd quarter. Glenview Trust co now owns 19,627 shares of the specialty retailer’s stock valued at $1,036,000 after purchasing an additional 5,194 shares in the last quarter. 98.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth A number of research analysts recently weighed in on the company. BNP Paribas Exane cut their price objective on Tractor Supply from $58.00 to $45.00 and set an “outperform” rating on the stock in a research note on Wednesday, April 22nd. UBS Group set a $33.00 price objective on shares of Tractor Supply and gave the company a “neutral” rating in a research report on Tuesday, July 14th. Barclays set a $35.00 target price on Tractor Supply and gave the company an “equal weight” rating in a research note on Monday, July 13th. Stephens cut their price target on shares of Tractor Supply from $53.00 to $43.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 22nd. Finally, Guggenheim reissued a “buy” rating and set a $50.00 price objective (down from $60.00) on shares of Tractor Supply in a report on Friday, June 5th. Thirteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $40.88.

Read Our Latest Stock Analysis on TSCO

Tractor Supply Price Performance TSCO opened at $29.64 on Wednesday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.38 and a quick ratio of 0.16. The stock has a market capitalization of $15.54 billion, a P/E ratio of 14.53, a price-to-earnings-growth ratio of 6.57 and a beta of 0.46. The company’s 50 day simple moving average is $30.64 and its 200-day simple moving average is $41.60. Tractor Supply Company has a one year low of $28.36 and a one year high of $63.99.

Tractor Supply (NASDAQ:TSCO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The specialty retailer reported $0.31 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.04). Tractor Supply had a return on equity of 42.58% and a net margin of 6.91%.The company had revenue of $3.59 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter last year, the firm earned $0.34 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. Sell-side analysts anticipate that Tractor Supply Company will post 2.08 earnings per share for the current fiscal year.

Tractor Supply Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, June 9th. Stockholders of record on Wednesday, May 27th were given a dividend of $0.24 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.2%. Tractor Supply’s payout ratio is presently 47.06%.

Tractor Supply Company Profile (Free Report)

Tractor Supply Company (NASDAQ: TSCO) is a specialty retailer focused on products for the home, farm, ranch and outdoors. The company operates a network of physical retail locations complemented by an e-commerce platform, offering a one-stop source of supplies and equipment for customers with rural and suburban lifestyles. Its merchandise assortment targets a range of needs, from animal and livestock care to maintenance, outdoor power equipment, and seasonal products.

Product categories include animal feed and supplies, pet products, fencing and fencing supplies, equine equipment, lawn and garden tools, work clothing and footwear, and small agricultural and outdoor power equipment.

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Analysts on Wall Street project that Tractor Supply (TSCO - Free Report) will announce quarterly earnings of $0.83 per share in its forthcoming report, representing an increase of 2.5% year over year. Revenues are projected to reach $4.63 billion, increasing 4.4% from the same quarter last year.

The current level reflects a downward revision of 1.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.

With that in mind, let's delve into the average projections of some Tractor Supply metrics that are commonly tracked and projected by analysts on Wall Street.

The average prediction of analysts places 'Number of stores - Petsense' at 206 . The estimate is in contrast to the year-ago figure of 207 .

Analysts predict that the 'Number of stores' will reach 2,658 . The estimate is in contrast to the year-ago figure of 2,542 .

Based on the collective assessment of analysts, 'Number of stores - Tractor Supply' should arrive at 2,456 . Compared to the present estimate, the company reported 2,335 in the same quarter last year.

The consensus among analysts is that 'Sales per selling square foot' will reach $111.28 . The estimate is in contrast to the year-ago figure of $111.67 .

It is projected by analysts that the 'Total selling square footage' will reach 42 millions of square feet. Compared to the current estimate, the company reported 40 millions of square feet in the same quarter of the previous year.

The consensus estimate for 'New stores opened - Tractor Supply' stands at 18 . Compared to the current estimate, the company reported 24 in the same quarter of the previous year.

View all Key Company Metrics for Tractor Supply here>>>

Over the past month, shares of Tractor Supply have returned +0.9% versus the Zacks S&P 500 composite's +0.6% change. Currently, TSCO carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Wall Street expects a year-over-year increase in earnings on higher revenues when Tractor Supply (TSCO - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on July 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis retailer for farmers and ranchers is expected to post quarterly earnings of $0.85 per share in its upcoming report, which represents a year-over-year change of +4.9%.

Revenues are expected to be $4.63 billion, up 4.4% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.22% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Tractor Supply?For Tractor Supply, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.52%.

On the other hand, the stock currently carries a Zacks Rank of #4.

So, this combination makes it difficult to conclusively predict that Tractor Supply will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Tractor Supply would post earnings of $0.35 per share when it actually produced earnings of $0.31, delivering a surprise of -11.43%.

Over the last four quarters, the company has beaten consensus EPS estimates two times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Tractor Supply doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.

America's largest rural lifestyle retailer partners with Instacart to deliver pet supplies, livestock needs, and more to communities nationwide at no markups in as fast as an hour

, /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technology company in North America, and Tractor Supply Company (Nasdaq: TSCO), the largest rural lifestyle retailer in the United States, today announced a new nationwide partnership to offer same-day delivery from more than 2,400 Tractor Supply stores through the Instacart App and website.

Customers can shop Tractor Supply’s broad assortment on Instacart – including pet food and supplies, livestock feed, farm and ranch products, garden essentials, tools and hardware – with delivery in as fast as one hour at no markups. Starting today, customers can shop Tractor Supply's broad assortment on Instacart – including pet food and supplies, livestock feed, farm and ranch products, garden essentials, tools and hardware – with delivery in as fast as one hour at no markups.

"We're excited to bring Tractor Supply's trusted assortment of home, animal, and yard products to Instacart customers across the country," said Blake Wallace, Vice President of Retail Partnerships at Instacart. "Tractor Supply is a beloved brand with a broad reach that serves customers in communities of all kinds, and with Instacart, those customers can get what they need delivered to their door in as fast as an hour."

"We're committed to making living the Life Out Here lifestyle easier and more convenient," said Matthew Rubin, SVP and President of Digital & Ecommerce at Tractor Supply Company. "Our partnership with Instacart provides customers with another seamless way to shop Tractor Supply, combining the products they trust with the speed and convenience of Instacart delivery. This partnership also introduces Tractor Supply to millions of Instacart users as a dependable supplier of the products they need to care for their pets, animals and land."

Tractor Supply serves an important role in the U.S., with thousands of stores in communities that are often miles from the nearest urban center. Through this partnership, Instacart is helping bridge the last-mile gap for rural customers who depend on Tractor Supply for everyday essentials - from pet food for the family dog to feed for farm animals. The partnership reflects Instacart's commitment to expanding convenient, same-day delivery beyond urban areas and into rural communities that Tractor Supply calls home.

Through the Instacart App and website, customers can now browse and order from a variety of Tractor Supply's product assortment, including pet food, treats, toys, grooming, and health products for dogs, cats, and small animals; feed, supplements, and care products for horses, cattle, goats, and poultry; hand tools, power tools, fasteners, and building supplies; work boots, outerwear, and apparel; and garden supplies, outdoor power equipment, heating, and lawn care.

Tractor Supply joins more than 2,200 national and local retail banners on the Instacart Marketplace. To start shopping Tractor Supply, customers can visit www.instacart.com/store/tractor-supply/storefront or download the Instacart App on their mobile device.

About Instacart
Instacart is a leading grocery technology company that partners with more than 2,200 retail banners – representing nearly 100,000 stores – to transform how people shop for the groceries they need from the retailers they trust, while creating flexible earning opportunities for shoppers. Through the Instacart Marketplace, Instacart Enterprise platform, and Instacart Ads ecosystem, the company powers ecommerce, fulfillment, in-store technology, AI offerings, and advertising for partners. For more information, visit www.instacart.com/company. Maplebear Inc. is the registered corporate name of Instacart.

About Tractor Supply Company
For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 290 on the Fortune 500. The Company's more than 52,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As part of the Company's commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the United States, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer's doorstep, Tractor Supply is here to serve and support Life Out Here.

As of March 28, 2026, the Company operated 2,435 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.

SOURCE Maplebear Inc. dba Instacart

Tractor Supply Company (NASDAQ: [url="]TSCO[/url]), the largest rural lifestyle retailer in the United States (the “Company”), intends to release its secon

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SummaryTractor Supply Company is a wide-moat rural retailer with a resilient, needs-based business model and strong local market adaptation.TSCO targets 3,200 stores long-term, leveraging a $225 billion addressable market and ongoing digital integration to drive growth and recurring revenue.Shares trade at a discount to a $40 fair value estimate, with 8.9% annual EPS growth expected and a sustainable 3.2% dividend yield.Key risks include store footprint cannibalization and underperformance in the companion animal segment, but localized offerings and loyalty programs strengthen TSCO’s competitive position.Looking for a portfolio of ideas like this one? Members of The Dividend Kings get exclusive access to our subscriber-only portfolios. Learn More » ligora/iStock via Getty Images

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Kody's Dividends, Justin Law, and Rachel Kaufman are part of The Dividend Kings team.

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