TSCO Tractor Supply Company featured news, full reports, and detailed charts
Tractor Supply Company (TSCO) Wrap Up:
Tractor Supply Company is the largest operator of retail farm and ranch stores in the United States and is focused on supplying the lifestyle needs of recreational farmers and ranchers and those who enjoy the rural lifestyle, as well as tradesmen and small businesses. We operate retail stores under the names Tractor Supply Company and Del’s Farm Supply and operate a website under the name TractorSupply.com. References to our website do not constitute incorporation by reference of the information contained on the website. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f27%2f0001362310-08-001146.html#FIS_BUSINESS"Tractor Supply Company (TSCO:NASDAQ)
Snapshot of Tractor Supply Company (TSCO)
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OPEN
$47.35
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PREVIOUS CLOSE
$47.48
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DAY HIGH
$48.28
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DAY LOW
$47.07
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52 WEEK HIGH
10/12/09 - $54.50
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52 WEEK LOW
03/5/09 - $28.67
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MARKET CAP
1.7B
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AVERAGE VOLUME 3 mo
306.5K
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
36.1M
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TSCO Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
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related news
TSCO Top Compensated Officers
Executives, Board Directors
Key developments for Tractor Supply Company (TSCO)
Tractor Supply Company reported capital expenditure for the third quarter ended September 26, 2009. For the quarter, the company's capital expenses were at $15.3 million, related principally to new store openings program. This compared to $15.4 million in last year's third quarter.
Tractor Supply Company reported unaudited consolidated earnings results for the third quarter and nine months ended September 26, 2009. Net income for the quarter increased 38.5% to $22.0 million, or $0.60 per diluted share, compared to $15.9 million, or $0.43 per diluted share, in the prior year's third quarter. Income from operations was $35,797,000 against $26,077,000 for the same period a year ago. Income before income tax was $35,336,000 against $26,146,000 for the same period a year ago. For the first nine months of 2009, net sales increased 6.2% to $2.34 billion. Same-store sales decreased 1.7% compared to an increase of 1.5% in the first nine months of 2008. Net income was $77.2 million, or $2.11 per diluted share, compared to net income of $57.2 million, or $1.52 per diluted share, for the first nine months of 2008. Income from operations was $125,276,000 against $95,194,000 for the same period a year ago. Income before income tax was $124,137,000 against $93,467,000 for the same period a year ago. Net cash provided by operating activities was $111,024,000 against $143,898,000 for the same period a year ago. Capital expenditure for the period was $49,435,000 against $68,828,000 for the same period a year ago.
Tractor Supply Company raised its previous financial expectations for full-year 2009 net income to a range of $2.88 to $2.98 per diluted share compared to previous guidance of $2.78 to $2.92 per diluted share. The company has narrowed its full-year sales range to between $3.17 billion and $3.2 billion compared to its previous guidance of $3.15 billion to $3.25 billion. Correspondingly, the company has narrowed its guidance for same-store sales for the year to range between a decline of 1% to 2% compared to its previous expectation of flat to a decrease of 2%. The company expects that capital expenditures will approximate $70 million to $75 million. The company expects to open 76 new stores in 2009 and has opened 58 stores year-to-date. Additionally, the company has targeted 70 to 80 stores for 2010.
TSCO Competitors
| Company | Last | Change |
| Big Lots Inc | $24.15 USD | -0.57 |
| Black and Decker Corp | $61.00 USD | -0.07 |
| The Scotts Miracle-Gro Co | $40.87 USD | -0.29 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | TSCO | Industry Range |
| Price/Earnings | 17.2x |
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| Price/Sales | 0.5x |
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| Price/Book | 2.5x |
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| Price/Cash Flow | 10.3x |
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| TEV/Sales | 0.5x |
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TSCO |
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TSCO transactions
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| No transactions in the last 6 months. | ||
More Recent News About Tractor Supply Company
More news for TSCO
Tractor Supply Company Earnings Call scheduled for 5:00 pm ET today
Call DetailsTractor Supply Company Earnings Conference Call (Q3 2009)Wed, Oct 21, 2009, 5:00 pm EasternAbout Tractor Supply Company (NasdaqGS:TSCO)Tractor Supply Company operates retail farm and ranch stores in the United States. It offers a selection of merchandise, including equine, pet, and animal products, such as items required for their health, care, growth, and containment; maintenance products for agricultural and rural use; hardware and tool products; seasonal products comprising lawn and garden power equipment; truck and towing products; and work/recreational clothing and footwear. The company provides its products to the recreational farmers and ranchers, as well as to the tradesmen and small businesses. As of December 27, 2008, it operated 855 retail farm and ranch stores in 44 states. The company operates its retail stores under the Tractor Supply Company and Dels Farm Supply names, as well as operates a Web site under the name, TractorSupply.com. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.More Info:Quote |Chart |News |Profile |Reports |Research |SEC |Msgs |Insider | Financials...Click here to read the whole Article (external link)
Tractor Supply Company Q3 2009 (Qtr End 9/26/09) Earnings Call Transcript
Tractor Supply Company (TSCO) Q3 2009 (Earnings Call October 21, 2009 5:00 pm ET Executives Erica Pettit - Financial Dynamics James F. Wright - Chairman of the Board & Chief Executive Officer Anthony F. Crudele - Chief Financial Officer Gregory A. Sandfort - President, Chief Merchandising Officer Stanley L. Ruta - Chief Operating Officer Analysts Jack Murphy – William Blair & Company Dan Wewer - Raymond James Robert Higgenbotham – Goldman Sachs Vincent [Senisey] - Bank of America Matt Nemer - Wells Fargo Securities Mitch Kaiser – Piper Jaffray Kristin [Applegee] - Sun Trust Robinson Jay McCanless – FTN Equity David Strasser - Janney Montgomery Scott Christian Buss - Thomas Weisel Partners Christopher Horvers - J.P. Morgan Presentation Operator Good afternoon, ladies and gentlemen, and welcome to Tractor Supply Company's conference call to discuss third quarter results. At this time, all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will follow at that time. (Operator Instructions) Please be advised that reproduction of this call in whole or in part is not permitted without prior written authorization by Tractor Supply Company. And as a reminder, ladies and gentlemen, this conference is being recorded. I would now like to introduce your host for today's conference, Ms. Erica Pettit of FD. Please go ahead, Erica. Erica Pettit Thank you. Good afternoon, everyone, and thank you for joining us. Before we begin, let me take a moment to reference the Safe Harbor provisions under the Private Securities Litigation Reform Act of 1995. This c...Click here to read the whole Article (external link)
New Star Analyst Rankings for Tractor Supply Company
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...Click here to read the whole Article (external link)
Tractor Supply downgraded by Piper Jaffray
DateResearch FirmActionFromTo22-Oct-09Piper JaffrayDowngradeNeutralUnderweight16-Mar-09Wedbush MorganUpgradeHoldBuy7-Jan-09Piper JaffrayDowngradeBuyNeutral22-Dec-08Wedbush MorganDowngradeBuyHold11-Dec-08ArgusUpgradeHoldBuy8-Sep-08UBSDowngradeBuyNeutral25-Jul-08ArgusUpgradeSellHold24-Jul-08Wedbush MorganUpgradeHoldBuy2-Jun-08UBSUpgradeNeutralBuy4-Apr-08Wedbush MorganDowngradeBuyHold2-Nov-07BMO Capital MarketsInitiatedUnderperform18-Oct-07UBSInitiatedNeutral12-Apr-07CIBC Wrld MktsDowngradeSector OutperformSector Perform20-Mar-07Matrix ResearchDowngradeHoldSell14-Feb-07Wedbush MorganUpgradeHoldBuy7-Feb-07Robert W. BairdUpgradeNeutralOutperform12-Dec-06Lehman BrothersInitiatedOverweight26-Oct-06Thomas WeiselDowngradeOutperformPeer Perform26-Oct-06Wedbush MorganDowngradeBuyHold26-Oct-06BB&T Capital MktsDowngradeBuyHold18-Oct-06CitigroupInitiatedBuy5-Oct-06Matrix ResearchDowngradeHoldSell19-Sep-06WachoviaInitiatedMkt Perform5-Sep-06Banc of America SecDowngradeBuyNeutral23-Jun-06Banc of America SecInitiatedBuy2-Feb-06PrudentialUpgradeNeutralOverweight7-Dec-05Avondale PartnersDowngradeMkt OutperformMkt Perform20-Oct-05BB&T Capital MktsUpgradeHoldBuy17-Oct-05Avondale PartnersUpgradeMkt PerformMkt Outperform28-Sep-05Miller JohnsonIn...Click here to read the whole Article (external link)
TRACTOR SUPPLY CO /DE/ Files SEC form 10-Q, Quarterly Report
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations General The following discussion and analysis should be read in conjunction with our Annual Report on Form 10-K for the fiscal year ended December 27, 2008. The following discussion and analysis also contains certain historical and forward-looking information. The forward-looking statements included herein are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act"). All statements, other than statements of historical facts, which address activities, events or developments that we expect or anticipate will or may occur in the future, including such things as estimated results of operations in future periods, future capital expenditures (including their amount and nature), business strategy, expansion and growth of our business operations and other such matters are forward-looking statements. These forward-looking statements may be affected by certain risks and uncertainties, any one, or a combination of which could materially affect the results of our operations. To take advantage of the safe harbor provided by the Act, we are identifying certain factors that could cause actual results to differ materially from those expressed in any forward-looking statements, whether oral or written. Our business is highly seasonal. Historically, our sales and profits have been the highest in the second and fourth fiscal quarters of each year due to the sale of seasonal products. Unseasonable weather, excessive precipitation, drought, and early or late frosts may also affect our sales. We believe, however, that the impact of severe weather conditions is somewhat mitigated by the geographic dispersion of our stores. We experience our highest inventory and accounts payable balances during our first fiscal quarter each year for purchases of seasonal products in anticipation of the spring selling season and again during our third ...Click here to read the whole Article (external link)
UK; 3 big banks to sell 100s of branches
LONDON (AP) -- Big British banks bailed out by taxpayers in the wake of the credit crunch will have to sell off large chunks of their businesses in exchange for the billions in state aid they received during the crisis, the government said Sunday. The assets being sold off would be reserved for new entrants to the British banking market, effectively creating three new banks over the coming years. Treasury chief Alistair Darling said the move was in the interest of competition."What you really want to do is have quite a substantial divestment -- perhaps branches or perhaps particular institutions that they own -- made available to other people," Darling told the BBC's "The Politics Show.""Unless we get competition we are going to end up with half a dozen big providers, which would be a big reduction in choice and that would not be acceptable," he said.Banks are in negotiations with Britain's treasury and European regulators over how many assets they would have to give up in return for the help they received from the public.As many as 700 branches could be sold off, according to a government official, who spoke to the AP Saturday on condition of anonymity because the moves had yet to be finalized. That figure would include all of Northern Rock's 100 or so branches, as well as some of the Lloyds Banking Group PLC's approximately 3,000 branches and just over 2,200 branches operated by the Royal Bank of Scotland Group PLC.Media reports say RBS may have to sell its Churchill and Direct Line insurance operations, a large part of its investment bank, and its U.S. banking arm, Citizens Financial Group. The Providence, Rhode Island-based business employs about 24,000 people.Reports also suggest that Lloyds Banking Group could shed its mortgage arm, Cheltenham & Gloucester, and Intelligent ...Click here to read the whole Article (external link)
TRACTOR SUPPLY CO /DE/ Financials
PERIOD ENDING26-Sep-0927-Jun-0928-Mar-0927-Dec-08Total Revenue747,730 946,504 650,171 799,496 Cost of Revenue501,692 644,306 449,135 554,456 Gross Profit246,038 302,198 201,036 245,040 Operating ExpensesResearch Development - - - - Selling General and Administrative193,820 197,769 183,650 188,659 Non Recurring - - - - Others16,421 16,135 16,201 16,006 Total Operating Expenses - - - - Operating Income or Loss35,797 88,294 1,185 40,375 Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes34,658 88,294 1,185 40,375 Interest Expense(678)264 414 406 Income Before Tax35,336 88,030 771 39,969 Income Tax Expense13,357 33,266 301 15,257 Minority Interest - - - - Net Income From Continuing Ops21,979 54,764 470 24,712 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - ...Click here to read the whole Article (external link)
