Tractor Supply: Q1 Earnings Snapshot
By AP News
Published - Apr 25, 2024, 08:06 AM ET
Last Updated - Apr 25, 2024, 08:06 AM EDT
BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Tractor Supply Co. (TSCO) on Thursday reported first-quarter net income of $198.2 million.
On a per-share basis, the Brentwood, Tennessee-based company said it had profit of $1.83.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.
The retailer for farmers and ranchers posted revenue of $3.39 billion in the period, missing Street forecasts. Ten analysts surveyed by Zacks expected $3.4 billion.
