Loading...
•
Mar 29, 2025
Tractor Supply Q1 2025 Earnings Report
Tractor Supply reported modest growth in Q1 2025 amid a challenging macroeconomic environment.
Key Takeaways
The company achieved a 2.1% increase in net sales driven by new store openings and resilient demand in year-round categories, despite a drop in comparable store sales and higher SG&A expenses.
Net sales grew 2.1% to $3.47 billion, supported by new stores and acquisition contributions.
Comparable store sales declined 0.9%, impacted by soft spring seasonal sales.
Net income dropped 9.5% year-over-year to $179.4 million.
Adjusted EPS came in at $0.34, down from $0.37 in Q1 2024.
Revenue by Geographic Location
Forward Guidance
Tractor Supply provided Q2 2025 guidance with modest growth expectations amid tariff and macroeconomic pressures.
Positive Outlook
- Net sales growth expected at 3% to 4%
- Comparable store sales expected to be flat to up 1%
- Diluted EPS guidance between $0.79 and $0.81
- Strong focus on cost control and productivity
- Active management of vendor and supply chain impacts
Challenges Ahead
- New tariffs contributing to increased uncertainty
- Deleveraging of fixed costs due to lower comps
- Spring seasonal categories underperforming
- Increased SG&A due to expansion and infrastructure costs
- Ongoing macroeconomic headwinds impacting consumer spending
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...