|Bid||186.25 x 800|
|Ask||186.25 x 800|
|Day's Range||181.69 - 188.82|
|52 Week Range||127.78 - 200.75|
|Beta (5Y Monthly)||1.03|
|PE Ratio (TTM)||24.90|
|Earnings Date||Oct 20, 2021 - Oct 25, 2021|
|Forward Dividend & Yield||2.08 (1.15%)|
|Ex-Dividend Date||May 21, 2021|
|1y Target Est||198.48|
Tractor Supply's (NASDAQ: TSCO) recent earnings report showed double-digit percentage sales gains through late June, even as COVID-19 cases plummeted and consumers returned to more-normal movement patterns. In a conference call with Wall Street analysts, CEO Hal Lawton and his team explained how Tractor Supply is gaining market share by leaning on core competitive advantages.
Building on top of its first-quarter success, big-box retailer Tractor Supply (NASDAQ: TSCO) blazed a trail for ongoing growth by beating analyst estimates at both the top and bottom lines during the second quarter. The company benefitted from a spring boost with favorable weather that had customers buying gardening and outdoor supplies and equipment, and kept up the momentum into early summer, crowning its results with improved fiscal 2021 guidance. Flourishing sales and rising revenue continue to result from Tractor Supply's operations.
Investors had high expectations heading into Tractor Supply's (NASDAQ: TSCO) second-quarter earnings report. The rural lifestyle retailer had been a huge winner from pandemic-related shifts in consumer spending habits, but Wall Street was looking for further growth and profit wins as COVID-19 cases decline in 2021. Tractor Supply managed to blow past those optimistic forecasts, though, and management said this week that it sees an even bigger growth opportunity ahead for the rest of the year.