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Jun 29, 2024
Tractor Supply Q2 2024 Earnings Report
Reported financial results for the second quarter of 2024 and updated the fiscal year 2024 financial outlook.
Key Takeaways
Tractor Supply Company reported a 1.5% increase in net sales, reaching $4.25 billion, while comparable store sales decreased by 0.5%. Diluted earnings per share increased to $3.93. The company has updated its financial guidance for fiscal year 2024.
Net sales increased by 1.5% to $4.25 billion.
Comparable store sales decreased by 0.5%.
Diluted earnings per share (EPS) reached $3.93.
The company updated its 2024 financial outlook.
Tractor Supply
Tractor Supply
Forward Guidance
Tractor Supply updated its financial guidance for fiscal year 2024.
Positive Outlook
- Net Sales: $14.8 billion to $15.0 billion
- Comparable Store Sales: (-0.5%) to +1.0%
- Operating Margin Rate: 9.8% to 10.1%
- Net Income: $1.08 billion to $1.12 billion
- Earnings per Diluted Share: $10.00 to $10.40