The Latest Breaking News from Tractor Supply Co

Tractor Supply Co (NASDAQ:TSCO) reported first-quarter FY22 sales growth of 8.3% year-on-year to $3.02 billion, beating the consensus of $2.92 billion. Comparable store sales increased 5.2%, driven by comparable average ticket growth of 6.7% and a decline in comparable average transaction count of 1.4%. Comparable store sales grew 38.6% in the prior year's…

Oppenheimer analyst Brian Nagel upgraded Tractor Supply Co (NASDAQ:TSCO) to Outperform from Perform with a $270 price target, implying a 16.1% upside. The analyst notes Tractor Supply's model strengthened through the COVID-19 crisis. Nagel specifies that macro tailwinds like soaring fuel prices and demographic shifts as the reasons for the upgrade. Also Read: Tractor Supply Q4…

Tractor Supply Co (NASDAQ:TSCO) has partnered with Software AG (OTC:STWRY) to manage customer demand and improve shopping experiences. Tractor Supply uses Software AG's API and integration solution to enable its customers to connect experiences across the store, mobile, and click-and-collect channels. Software AG solution allows Tractor Supply's customers to make purchases faster through advanced mobile…

Tractor Supply Co (NASDAQ:TSCO) reported fourth-quarter FY21 sales growth of 15.3% year-on-year, to $3.32 billion, beating the analyst consensus of $3.24 billion. Comparable store sales increased 12.7%, driven by comparable average ticket growth and comparable average transaction count growth of 10.3% and 2.4%, respectively. Comparable store sales increased 27.3% in 4Q20. EPS of…