- Tractor Supply’s net sales for the fourth quarter reached $3.77 billion, showing a year-over-year increase of 3.1% and aligning with projections.
- Earnings per share (EPS) stood at 44 cents.
- Comparable sales rose by 0.6% in contrast to a 4.2% decline the previous year, though slightly below the forecasted 1.19% increase.
- The gross margin was recorded at 35.2%, marginally down from 35.3% a year ago, and just under the 35.4% estimate.
- The average transaction value decreased by 1.8% to $59.39, missing the anticipated $60.43 mark based on two estimates.
- Total retail space expanded to 39.11 million square feet, representing a 1.6% growth; slightly below the projected 39.18 million square feet.
- The total number of Tractor Supply stores decreased by 4.9% to 2,296, but still surpassed the expected count of 2,287.
- Petsense stores increased by 4% to a count of 206, though slightly short of the estimated 208.
- Analyst ratings revealed: 17 buys, 15 holds, and 4 sells.
Tractor Supply Company on Smartkarma
Analyst coverage of Tractor Supply Company on Smartkarma reveals valuable insights into the company’s performance and strategies. Baptista Research, known for its thorough analysis, recently published reports highlighting key aspects of Tractor Supply Company‘s financial results. In one report, titled “Tractor Supply Company: An Insight Into Its Competitive Market Positioning,” the analysts discussed the company’s modest growth in net sales, despite a slight decline in comparable store sales. Another report, “Tractor Supply Company: Managing Economic Sensitivity & Dealing With Consumer Spending Patterns! – Major Drivers,” emphasized the stable operational demeanor of Tractor Supply Company amid a mixed macroeconomic environment.
Baptista Research‘s coverage, authored by prominent analysts, sheds light on the strengths and challenges faced by Tractor Supply Company. The CEO, Hal Lawton, and CFO, Kurt Barton, provided detailed insights and metrics during earnings calls, giving investors a comprehensive understanding of the company’s performance. With a bullish sentiment, Baptista Research‘s reports offer investors valuable perspectives on Tractor Supply Company‘s market positioning, economic sensitivity, and growth drivers, empowering them to make informed investment decisions.
A look at Tractor Supply Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Tractor Supply Company, a retail farm store chain in the U.S., is positioned for continued growth in the long term, as indicated by its Smartkarma Smart Scores. With a strong score in Growth (4) and Momentum (4), the company is demonstrating a positive trajectory. This suggests that Tractor Supply Company is expanding and gaining market attention, positioning it well for the future. However, lower scores in Value (2) and Resilience (2) indicate some areas for improvement, possibly in terms of stock valuation and stability. The moderate Dividend score of 3 signifies a decent dividend payout for investors but leaves room for enhancement in this area as well.
Overall, Tractor Supply Company presents a promising outlook, particularly in terms of growth and momentum. The company’s diverse product offerings cater to a broad customer base, including farmers, ranchers, rural customers, contractors, and tradesmen. By leveraging its strengths in growth and momentum, while potentially addressing areas for improvement in value and resilience, Tractor Supply Company can solidify its position in the retail farm store industry and attract more investors seeking long-term opportunities.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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