TSCO Tractor Supply Company
Tractor Supply Co. engages in the retail sale of farm and ranch products. It operates retail farm & ranch stores and focuses on supplying the lifestyle needs of recreational farmers and ranchers, as well as tradesmen and small businesses. The firm operates the retail stores under the names: Tractor Supply Company, Del's Feed & Farm Supply, and Petsense. Its product categories includes equine, livestock, pet, and small animal; hardware, truck, towing, and tool; heating, lawn and garden items, power equipment, gifts, and toys; recreational clothing and footwear; and maintenance products for agricultural and rural use. The company was founded by Charles E. Schmidt, Sr. in 1938 and is headquartered in Brentwood, TN.
Company profile
Ticker
TSCO
Exchange
Website
CEO
Harry A. Lawton
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
133139732
TSCO stock data
()
Calendar
6 Aug 20
29 Sep 20
28 Dec 20
News
Financial summary
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| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 148.53 | 3,154 | 468.46K | 28,177 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 147.75 | 2,100 | 310.28K | 31,331 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Option exercise | Aquire M | Yes | 89.59 | 5,254 | 470.71K | 33,431 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 149.07 | 700 | 104.35K | 28,177 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 148.46 | 14,340 | 2.13M | 28,877 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 147.55 | 9,628 | 1.42M | 43,217 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Option exercise | Aquire M | Yes | 67.28 | 24,668 | 1.66M | 52,845 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 149.06 | 3,305 | 492.64K | 28,177 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 148.4 | 27,991 | 4.15M | 31,482 |
| 31 Aug 20 | Benjamin F Parrish JR | Common stock | Sell | Dispose S | Yes | 147.46 | 20,316 | 3M | 59,473 |
Institutional ownership Q2 2020
85.3% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 717 |
| Opened positions | 151 |
| Closed positions | 72 |
| Increased positions | 205 |
| Reduced positions | 268 |
13F shares |
Current |
|---|---|
| Total value | 667.46B |
| Total shares | 99.08M |
| Total puts | 1.42M |
| Total calls | 1.7M |
| Total put/call ratio | 0.8 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 12.78M | $1.68B |
| BLK BlackRock | 9.04M | $1.19B |
| STT State Street | 5.4M | $711.37M |
| JPM JPMorgan Chase & Co. | 3.47M | $457.34M |
| Caisse De Depot Et Placement Du Quebec | 3.17M | $417.7M |
| Massachusetts Financial Services | 2.88M | $379.45M |
| WDR Waddell & Reed Financial | 2.8M | $369.27M |
| Select Equity | 2.44M | $321.06B |
| Ubs Global Asset Management Americas | 2.12M | $279.74B |
| Champlain Investment Partners | 2.01M | $264.3M |
Financial report summary
?Competition
EnergyManagement Discussion
- Net sales for the second quarter of fiscal 2020 increased 35.0% to $3.18 billion from $2.35 billion for the second quarter of fiscal 2019. Comparable store sales for the second quarter of fiscal 2020 were $3.08 billion, a 30.5% increase as compared to the second quarter of fiscal 2019. Comparable store sales increased 3.2% in the second quarter of fiscal 2019.
- The comparable store sales results for the second quarter of fiscal 2020 included an increase in comparable average transaction value of 15.8% and an increase of 14.6% in comparable average transaction count, each as compared to the second quarter of fiscal 2019. The COVID-19 pandemic had a significant impact on consumer demand across all of the Company’s major product categories as customers focused on the care of their homes, land and animals. Additionally, consumer demand in the quarter benefited from growth in new customer acquisition and the re-engagement of lapsed customers as a result of advertising campaigns focused on brand awareness, favorable spring and summer weather conditions across much of the country, and other factors such as government stimulus. These factors all led to a significant increase in comparable store sales which was driven by unprecedented demand for spring and summer seasonal categories along with exceptional growth in everyday merchandise, including consumable, usable and edible products. All geographic regions of the Company had robust comparable store sales growth. In addition, the Company’s e-commerce sales experienced triple-digit sales growth as compared to the second quarter of fiscal 2019.
- In addition to comparable store sales growth for the second quarter of fiscal 2020, sales from stores open less than one year were $110.2 million for the second quarter of fiscal 2020, which represented 4.7 percentage points of the 35.0% increase over second quarter fiscal 2019 net sales. For the second quarter of fiscal 2019, sales from stores open less than one year were $71.6 million, which represented 3.2 percentage points of the 6.3% increase over second quarter fiscal 2018 net sales.
Content analysis
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H.S. senior Avg
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New words:
advertising, albeit, care, carefully, connection, correlated, country, deferral, dental, ensure, enterprise, frequency, frontline, government, hour, hourly, inception, incorporated, lapsed, leave, led, lot, notwithstanding, permanent, portion, revised, robust, salaried, section, sick, side, space, strongly, testing, vision, wage, wear
Removed:
evaluate, fluctuated, Frankfort, January, northeast, opening, positive, shipping, slightly, strength, York
Financial reports
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
9 May 19
10-K
2018 FY
Annual report
21 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
10-Q
2018 Q2
Quarterly report
9 Aug 18
10-Q
2018 Q1
Quarterly report
11 May 18
Current reports
8-K
Entry into a Material Definitive Agreement
14 Aug 20
8-K
Dividend Increase Marks a Decade of Consecutive Increases
6 Aug 20
8-K
Results of Operations and Financial Condition
23 Jul 20
8-K
Regulation FD Disclosure
26 May 20
8-K
Submission of Matters to a Vote of Security Holders
8 May 20
8-K
Tractor Supply Company Declares Quarterly Dividend
7 May 20
8-K
Tractor Supply Company Reports First Quarter 2020 Financial Results
23 Apr 20
8-K
Tractor Supply Company Provides Preliminary First Quarter 2020 Update
7 Apr 20
8-K
Amendments to Articles of Incorporation or Bylaws
20 Mar 20
8-K
Entry into a Material Definitive Agreement
18 Mar 20
Registration and prospectus
S-8
Registration of securities for employees
5 Jun 18
S-3/A
Shelf registration (amended)
29 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
29 Feb 12
S-8
Registration of securities for employees
31 Jul 09
S-8
Registration of securities for employees
11 Aug 06
S-8
Registration of securities for employees
28 Jan 03
Proxies
DEFA14A
Additional proxy soliciting materials
23 Mar 20
DEF 14A
Definitive proxy
23 Mar 20
PRE 14A
Preliminary proxy
13 Mar 20
DEFA14A
Additional proxy soliciting materials
25 Mar 19
DEF 14A
Definitive proxy
25 Mar 19
DEF 14A
Definitive proxy
27 Mar 18
DEFA14A
Additional proxy soliciting materials
27 Mar 18
DEF 14A
Definitive proxy
28 Mar 17
DEFA14A
Additional proxy soliciting materials
28 Mar 17
DEF 14A
Definitive proxy
18 Mar 16
Other
SD
Conflict minerals disclosure
28 May 20
SD
Conflict minerals disclosure
22 May 19
SD
Conflict minerals disclosure
30 May 18
SD
Conflict minerals disclosure
25 May 17
SD
Conflict minerals disclosure
27 May 16
SD
Conflict minerals disclosure
1 Jun 15
SD
Conflict minerals disclosure
2 Jun 14
UPLOAD
Letter from SEC
2 Apr 14
CORRESP
Correspondence with SEC
1 Apr 14
UPLOAD
Letter from SEC
24 Mar 14
Ownership
4
TRACTOR SUPPLY / BENJAMIN F PARRISH JR ownership change
2 Sep 20
4
TRACTOR SUPPLY / Robert D Mills ownership change
12 Aug 20
4
TRACTOR SUPPLY / John P Ordus ownership change
12 Aug 20
4
TRACTOR SUPPLY / Melissa Kersey ownership change
5 Aug 20
4
TRACTOR SUPPLY / GEORGE MACKENZIE ownership change
5 Aug 20
3
TRACTOR SUPPLY / Melissa Kersey ownership change
29 Jul 20
4
TRACTOR SUPPLY / EDNA MORRIS ownership change
29 Jul 20
4
TRACTOR SUPPLY / Robert D Mills ownership change
10 Jun 20
4
TRACTOR SUPPLY / Kurt D Barton ownership change
19 May 20
4
TRACTOR SUPPLY / Kurt D Barton ownership change
13 May 20