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Tractor Supply's Q1 Earnings, Sales Rise; Fiscal 2024 Outlook Reiterated
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Tractor Supply's Q1 Earnings, Sales Rise; Fiscal 2024 Outlook Reiterated
Apr 25, 2024 5:51 AM

08:35 AM EDT, 04/25/2024 (MT Newswires) -- Tractor Supply ( TSCO ) reported fiscal Q1 earnings Thursday of $1.83 per diluted share, up from $1.65 a year earlier.

Analysts polled by Capital IQ expected $1.72.

Net sales for the quarter ended March 30 were $3.39 billion, up from $3.30 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.40 billion.

The retail farm store chain operator said fiscal Q1 comparable store sales grew 1.1% year over year, compared with an increase of 2.1% a year earlier. Analysts polled by Capital IQ expected an increase of 0.8%.

Tractor Supply ( TSCO ) continues to expect fiscal 2024 earnings of $9.85 to $10.50 per diluted share. Analysts polled by Capital IQ expect $10.24.

Fiscal 2024 revenue is still expected between $14.7 billion and $15.1 billion. Analysts surveyed by Capital IQ expect $14.99 billion.

Price: 260.00, Change: +1.87, Percent Change: +0.72

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