TSCO Tractor Supply
Tractor Supply Company, the largest rural lifestyle retailer in the United States, has been passionate about serving its unique niche, as a one-stop shop for recreational farmers, ranchers and all those who enjoy living the rural lifestyle, for more than 80 years. Tractor Supply offers an extensive mix of products necessary to care for home, land, pets and animals with a focus on product localization, exclusive brands and legendary customer service that addresses the needs of the Out Here lifestyle. With more than 40,000 Team Members, the Company leverages its physical store assets with digital capabilities to offer customers the convenience of purchasing products they need anytime, anywhere and any way they choose at the everyday low prices they deserve. At September 26, 2020, the Company operated 1,904 Tractor Supply stores in 49 states.
Company profile
Ticker
TSCO
Exchange
Website
CEO
Harry Lawton
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Sherwin-Williams • Fastenal • iPower • AeroGrow International • GrowGeneration • Bally • Compressco • SMG Growing Media ...
SEC CIK
Corporate docs
IRS number
133139732
TSCO stock data
()
News
Expert Ratings for Tractor Supply
3 Aug 21
Benzinga's Top Ratings Upgrades, Downgrades For August 3, 2021
3 Aug 21
Benchmark Initiates Coverage On Tractor Supply with Buy Rating, Announces Price Target of $219
3 Aug 21
What 16 Analyst Ratings Have To Say About Tractor Supply
20 Jul 21
Morgan Stanley Maintains Equal-Weight on Tractor Supply, Raises Price Target to $195
20 Jul 21
Press releases
Tractor Supply Company Honors 2021 Top Vendor Partners
20 Jul 21
Tractor Supply Company Reports Record Second Quarter 2021 Financial Results; Raises 2021 Financial Outlook
19 Jul 21
Tractor Supply Company Enters New Milestone Partnership With Professional Bull Riders
16 Jul 21
IDG's Insider Pro and Computerworld Name Tractor Supply to 2021 List of 100 Best Places to Work in IT
12 Jul 21
Tractor Supply Company Celebrates Service Members With Nationwide Discount During Fourth of July and Announces Grant Donation for Farmer Veterans
30 Jun 21
Calendar
6 May 21
4 Aug 21
28 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B | 1.15B |
| Cash burn (monthly) | 63.94M | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 272.7M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 877.23M | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 13.7 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 21 | Cardenas Ricardo | Common stock | Grant | Aquire A | No | No | 186.06 | 89 | 16.56K | 3,965 |
| 10 May 21 | Korzekwa Christi C | Common stock | Sell | Dispose S | No | No | 200.08 | 3,836 | 767.51K | 7,555 |
| 10 May 21 | Korzekwa Christi C | Common stock | Sell | Dispose S | No | Yes | 200 | 5,000 | 1M | 11,391 |
| 10 May 21 | Korzekwa Christi C | Common stock | Option exercise | Aquire M | No | Yes | 73.18 | 5,000 | 365.9K | 16,391 |
| 10 May 21 | Korzekwa Christi C | Employee stock option Common stock | Option exercise | Dispose M | No | No | 73.18 | 5,000 | 365.9K | 18,505 |
| 5 May 21 | Weikel Mark J | Common stock | Grant | Aquire A | No | No | 0 | 806 | 0 | 13,267 |
| 5 May 21 | Kingsbury Thomas | Common stock | Grant | Aquire A | No | No | 0 | 806 | 0 | 5,582 |
| 5 May 21 | Joy Brown | Common stock | Grant | Aquire A | No | No | 0 | 806 | 0 | 906 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
88.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 853 |
| Opened positions | 128 |
| Closed positions | 83 |
| Increased positions | 285 |
| Reduced positions | 314 |
13F shares |
Current |
|---|---|
| Total value | 17.93B |
| Total shares | 101.46M |
| Total puts | 681.1K |
| Total calls | 991K |
| Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 13.03M | $2.31B |
| BLK Blackrock | 10.81M | $1.91B |
| STT State Street | 4.81M | $851.49M |
| Select Equity | 3.56M | $630.35M |
| Clearbridge Advisors | 3.14M | $556.33M |
| JPM JPMorgan Chase & Co. | 2.6M | $459.59M |
| Geode Capital Management | 2.04M | $359.67M |
| IVZ Invesco | 1.79M | $316.33M |
| BAC Bank Of America | 1.78M | $315.54M |
| Maj Invest Holding A/S | 1.75M | $310.4M |
Financial report summary
?Management Discussion
- Net sales for the first quarter of fiscal 2021 increased 42.5% to $2.79 billion from $1.96 billion for the first quarter of fiscal 2020. Comparable store sales for the first quarter of fiscal 2021 were $2.71 billion, a 38.6% increase as compared to the first quarter of fiscal 2020. In the first quarter of fiscal 2020, net sales increased 7.5% and comparable store sales increased 4.3%.
- The comparable store sales results for the first quarter of fiscal 2021 included an increase in comparable average transaction count of 21.0% and an increase in comparable average transaction value of 17.6%, each as compared to the first quarter of fiscal 2020. Our sales performance continued to benefit from growth in new customer acquisition and the re-engagement of lapsed customers as well as a continuation of shifting consumer behavior trends from the COVID-19 pandemic as customers focused on the care of their homes, land, and animals. Additionally, consumer demand in the quarter benefited from favorable weather conditions across much of the country as well as government stimulus. These factors all led to a significant increase in comparable store sales across all major product categories, driven by strong demand for everyday merchandise, including
- consumable, usable and edible products and robust growth for summer seasonal categories. All geographic regions of the Company had positive comparable store sales growth of at least 30%. In addition, the Company’s e-commerce sales experienced triple-digit percentage growth for the fourth consecutive quarter.
Content analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. senior Avg
|
|
New words:
acquire, behavior, budget, call, case, compensatory, complaint, consecutive, contractual, deem, description, digital, efficacy, encouraging, factual, farm, feet, Fire, holder, Home, indenture, indeterminate, individual, infrastructure, leaseback, longer, loyalty, matter, merge, moved, Navarre, November, Ohio, Orscheln, outcome, paused, plaintiff, Police, Pontiac, projected, qualitative, quantitative, ranch, rank, receipt, redemption, refusal, repaid, restated, Retirement, return, satisfaction, satisfactory, Scope, shareholder, square, stage, subordinated, supplemental, supplemented, temporarily, timeframe, trustee, ultimate, unspecified, upgrade, vaccinated, vaccination, vaccine, violated
Removed:
accelerate, accordion, added, adjusting, Aid, allocation, amendment, amortize, amortized, applied, arrangement, began, beginning, brand, Buy, buying, closure, cloud, competitive, computing, confirmed, convenience, corn, cotton, covered, crucial, curbside, deflation, degree, deliver, delivery, design, determine, determining, discussed, domestic, driver, duration, effectively, efficient, effort, enacted, enactment, estate, evolve, exceed, exposed, extending, factor, feature, flexibility, floor, foreseeable, Framework, functioning, global, governmental, grain, growing, harm, hosting, impair, inadequate, incurred, inflation, instance, insurance, intend, international, investor, jeopardized, labor, legislation, lesser, license, limit, lost, macroeconomic, manufacture, medical, meet, methodology, minimized, model, modifying, monitoring, multiplied, negative, obtaining, operation, operational, outbreak, participate, perception, permitted, petroleum, pickup, POS, preemptive, prepayment, pressure, pricing, prioritize, prospective, prospectively, protect, quality, quarantine, rapidly, real, receiving, recessionary, reduce, reduced, reduction, relocation, removing, reputation, reputational, respond, retrospectively, revenue, rolling, sacrificing, sanitizing, scale, selectively, service, short, Simultaneously, software, sought, source, staffing, steel, stemming, strain, substantial, Subtopic, suspended, suspension, sustain, sustained, temporary, treatment, turmoil, turn, unemployment, unexpected, unknown, unpredictable, utilize, vendor, worker, workforce
Financial reports
10-Q
2021 Q1
Quarterly report
6 May 21
10-K
2020 FY
Annual report
18 Feb 21
10-Q
2020 Q3
Quarterly report
22 Oct 20
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
Current reports
8-K
Results of Operations and Financial Condition
19 Jul 21
8-K
Submission of Matters to a Vote of Security Holders
7 May 21
8-K
Tractor Supply Company Declares Quarterly Dividend
6 May 21
8-K
Results of Operations and Financial Condition
22 Apr 21
8-K
Other Events
9 Apr 21
8-K
Departure of Directors or Certain Officers
10 Mar 21
8-K
Other Events
17 Feb 21
8-K/A
Results of Operations and Financial Condition
28 Jan 21
8-K
Results of Operations and Financial Condition
28 Jan 21
8-K
Tractor Supply Company Appoints Joy Brown to Its
15 Jan 21
Registration and prospectus
424B5
Prospectus supplement for primary offering
28 Oct 20
FWP
Free writing prospectus
27 Oct 20
424B5
Prospectus supplement for primary offering
27 Oct 20
S-3ASR
Automatic shelf registration
22 Oct 20
S-8
Registration of securities for employees
5 Jun 18
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 12
S-3/A
Shelf registration (amended)
28 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 12
S-8 POS
Registration of securities for employees (post-effective amendment)
28 Feb 12
Proxies
PX14A6G
Letter to shareholders
26 Apr 21
DEFA14A
Additional proxy soliciting materials
25 Mar 21
DEF 14A
Definitive proxy
25 Mar 21
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
26 Mar 18
DEFA14A
Additional proxy soliciting materials
26 Mar 18
Other
SD
Conflict minerals disclosure
28 May 21
UPLOAD
Letter from SEC
4 Jan 21
CORRESP
Correspondence with SEC
22 Dec 20
UPLOAD
Letter from SEC
14 Dec 20
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
24 May 17
SD
Conflict minerals disclosure
26 May 16
SD
Conflict minerals disclosure
31 May 15
Ownership
4
TRACTOR SUPPLY / Ricardo Cardenas ownership change
2 Jul 21
4
TRACTOR SUPPLY / Christi C Korzekwa ownership change
12 May 21
4
TRACTOR SUPPLY / CYNTHIA T JAMISON ownership change
7 May 21
4
TRACTOR SUPPLY / Ricardo Cardenas ownership change
7 May 21
4
TRACTOR SUPPLY / EDNA MORRIS ownership change
7 May 21
4
TRACTOR SUPPLY / Ramkumar Krishnan ownership change
7 May 21
4
TRACTOR SUPPLY / Joy Brown ownership change
7 May 21
4
TRACTOR SUPPLY / Denise L Jackson ownership change
7 May 21
4
TRACTOR SUPPLY / Thomas Kingsbury ownership change
7 May 21
4
TRACTOR SUPPLY / Mark J Weikel ownership change
7 May 21
Transcripts
2021 Q2
Earnings call transcript
19 Jul 21
2021 Q1
Earnings call transcript
22 Apr 21
2020 Q4
Earnings call transcript
28 Jan 21
2020 Q3
Earnings call transcript
23 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
23 Apr 20
2019 Q4
Earnings call transcript
30 Jan 20
2019 Q3
Earnings call transcript
24 Oct 19
2019 Q2
Earnings call transcript
25 Jul 19
2019 Q1
Earnings call transcript
25 Apr 19
Reddit threads
Daily Discussion Thread - August 03, 2021
3 Aug 21
TGT vs WMT
2 Aug 21
Jim Lebenthal calls it as it is!! Cleveland Cliffs $CLF
22 Jul 21
Going shopping!
19 Jul 21
Stock Watch List July 19, 2021
19 Jul 21
Daily Discussion Thread for July 19, 2021
19 Jul 21
Daily Discussion Thread - July 19th, 2021
19 Jul 21
What are your under-appreciated, off-the-radar picks for a 10 year hold?
17 Jul 21
Weekend Discussion Thread
16 Jul 21
Since 2005 $DPZ (Dominos Pizza) has returned 2,633% the same as $GOOG (Google). This just blew me away, anyone know of any other under the radar companies with amazing returns?
16 Jul 21