Overview

* Tractor Supply Q3 2025 net sales rise 7.2% to $3.72 bln, beating analyst expectations

* Comparable store sales grew 3.9%, driven by seasonal and core category strength

* Diluted EPS for Q3 2025 increased to $0.49

Outlook

* Tractor Supply ( TSCO ) narrows FY 2025 net sales growth to 4.6%-5.6%

* Company expects FY 2025 EPS of $2.06 to $2.13

* Tractor Supply ( TSCO ) forecasts FY 2025 net income of $1.09 bln to $1.14 bln

Result Drivers

* COMPARABLE STORE SALES - Growth driven by strength in seasonal products and core categories, particularly consumable, usable, and edible products

* GROSS MARGIN IMPROVEMENT - Focus on product cost management and low price strategy improved gross margin, offset by tariff and transportation costs

* NEW STORE OPENINGS - Net sales increase also driven by new store openings and contribution from Allivet

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Meet $3.71 $3.71

bln bln (23

Analysts

)

Q3 EPS $0.49

Q3 Gross 37.40%

Margin

Q3 3.90%

COMPARAB

LE STORE

SALES

GROWTH

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 15 "hold" and 1 "sell" or "strong sell"

* The average consensus recommendation for the miscellaneous specialty retailers peer group is "buy"

* Wall Street's median 12-month price target for Tractor Supply Co ( TSCO ) is $63.00, about 13.1% above its October 21 closing price of $54.77

* The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)