Tractor Supply Reaffirms 2026 Outlook After 5.1% Q3 Sales Growth
TSCO sits 22% above its 52-week low of $28.36 on elevated volume (2.8× avg).
Summary
Q3 sales came in at $3.91B, up 5.1%, with comps up just 0.4% and digital up 16%. EPS was $0.43 and net income $224.7M. The company reaffirmed 2026 guidance while flagging margin pressure and new distribution center costs. It also laid out 2027–2028 plans: vendor agreement savings, sizable SG&A cuts, capex below 4% of sales, 85–90 new stores in 2027, and a lower-cap garden format. Pet is a bright spot — Freshpet expanded to about 1,000 stores from 700+, Allivet is now integrated as VIP Petcare's Rx platform, and pet sales rose 5% including acquisitions.
At the time of this announcement, TSCO was trading at $34.65 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $18.1B. The 52-week trading range was $28.36 to $58.21. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.