Quarterly
EARNINGS HIGHLIGHTS
Q1 2024
"For the first quarter, Tractor Supply's results were in line with our expectations with positive comparable store sales and robust earnings growth. I want to thank our more than 50,000 Team Members for their enduring commitment to living our Mission and Values and providing exceptional customer service, which allowed us to deliver solid financial performance in the first quarter. We saw several positive signs in our business during the quarter, including ongoing market share gains, transaction growth and strength in big ticket sales. Most importantly, we believe that our customer base remains healthy and engaged. We remain confident in our outlook for 2024 given our share gains and the continued scaling of our Life Out Here strategy. We remain committed to disciplined investments to capture the significant long-term
growth opportunities in our market."
Hal Lawton
President & Chief Executive Officer
Financial
HIGHLIGHTS
+2.9%
Net Sales Growth
+1.1%
Comparable Store Sales Growth
+1.3% | (0.2%) |
Comp Transactions | Comp Ticket |
$1.83 | 15th |
Diluted | Consecutive Year |
EPS | of Increased Dividend |
10.9% Increase | 7% Increase |
Operational
HIGHLIGHTS
Rolled Out Neighbor's Club
Reward Enhancements
Over 34 Million Members
Continued Progress
on Opening of 10th
Distribution Center
Supporting
LIFE OUT HERE
Partnered with Carhartt | |
and SkillsUSA to donate | Issued 2023 |
$150,000 to help prepare | |
students for in-demand | Stewardship |
careers in the skilled trades | Tear Sheet |
Over $1 million | Named one of |
raised for FFA | America's Most |
Trustworthy Companies | |
by Newsweek | |
Deliver Legendary
Customer Experiences
Advance Our
ONETractor Capabilities
Operate the
Tractor Way
Go the Country
Mile for Our Team
Generate Healthy
Shareholder Return
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Disclaimer
TSC - Tractor Supply Company published this content on 25 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2024 16:49:10 UTC.