Tractor Supply Company (NASDAQ:TSCO ) Goldman Sachs 31st Annual Global Retailing Conference September 4, 2024 8:55 AM ET Company Participants Hal Lawton - President & CEO Kurt Barton - EVP, CFO & Treasurer Conference Call Participants Kate McShane - Goldman Sachs Kate McShane Okay, thank you. Good morning, everyone.
TSCO is benefiting from its Life Out Here strategy, Neighbor's Club, market share expansion, and positive customer trends despite some setbacks.
Argus Research has set a bullish $300 price target for Tractor Supply Company (NASDAQ: TSCO), suggesting a potential upside of 14.4% from its current price of $262.20. This projection exceeds the stock's all-time high of $289.98, achieved on June 18, 2024.
Tractor Supply (TSCO) progresses well on its strategic initiatives. Its Life Out Here and ONETractor initiatives bode well.
Tractor Supply Company TSCO reported downbeat sales for the second quarter on Thursday.
Tractor Supply is a smaller core holding in my portfolio. The company posted net sales and diluted EPS growth in the second quarter. Tractor Supply's corporate credit rating is investment-grade.
Tractor Supply (TSCO) posts higher year-over-year sales in Q2 despite lower comps.
The headline numbers for Tractor Supply (TSCO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Tractor Supply (TSCO) came out with quarterly earnings of $3.93 per share, missing the Zacks Consensus Estimate of $3.94 per share. This compares to earnings of $3.83 per share a year ago.
Tractor Supply's (TSCO) Q2 results are likely to gain from sturdy demand for its core merchandise, including consumable, usable and edible products. Higher SG&A expenses and inflation woes persist.
Tractor Supply (TSCO) gains from its Life Out Here Strategy and 'ONETractor' plan. Its store-growth efforts also bode well.
The so-called culture wars have been a major theme in retail and beyond in recent years.