TRACTOR SUPPLY CO /DE/ (TSCO) Form 8-K — Oct 22, 2026
Tractor Supply reported Q3 2026 net sales of $3.91 billion, up 5.1% year over year, with comparable store sales up 0.4% versus 3.9% growth in the prior-year quarter. Growth was driven by new stores, the VIP Petcare acquisition, and double-digit digital sales growth. Profitability deteriorated: diluted EPS fell 11.6% to $0.43, net income dropped 13.3% to $224.7 million, and gross margin compressed 100 bps to 36.4% on higher transportation and fuel costs plus price investments. SG&A deleveraged to 28.6% of sales on lower comps and new distribution center startup costs.
Key figures
- Eps
- 0.43
- Revenue
- 3910455000
- Guidance
- FY2026 reaffirmed: net sales +2.5% to +3.5%; comps (1%) to flat; operating margin 8.0%-8.3%; adjusted operating margin 8.5%-8.8%; net income $930M-$990M; adjusted net income $990M-$1.05B; diluted EPS $1.78-$1.88; adjusted diluted EPS $1.90-$2.00
- Net Income
- 224671000
- Total Debt
- 2230324000
- Revenue Yoy
- 5.1%
- Total Assets
- 12251643000
- Cash Position
- 198876000
- Shares Outstanding
- 520623000
- Sga q3
- $1.12B, 28.6% of sales
- Stores
- 2,486 Tractor Supply stores in 49 states; 135 Petsense stores
- Comps q3
- 0.4%
- Buyback q3
- $88.5M (~2.7M shares)
- Gross margin q3
- 36.4% (vs 37.4%)
- Dividends paid q3
- $124.9M
- Comps prior year q3
- 3.9%
- Operating income q3
- $307.7M, down 10.2%
- New stores opened q3
- 23
- Ninemonth net income
- 749910000
- Ninemonth diluted eps
- 1.43
- Petsense stores closed q3
- 74
- Ninemonth impairment expense
- 62747000
- Adjusted ninemonth diluted eps
- 1.55
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.