As of March 29, 2025, the company operated 2,311 Tractor Supply stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states.
Tractor Supply Company reported disappointing first-quarter results and slashed its 2025 profit projections.
“Since issuing our initial 2025 outlook, there has been a notable increase in uncertainty, in particular the introduction of new tariffs,” said Tractor Supply president and CEO Hal Lawton. “In response, we are updating the range of our full-year outlook and providing guidance for the second quarter.”
The nation’s largest rural lifestyle retailer reported that its net income decreased 9.5% to $179.4 million for the quarter ended March 29. Earnings per share decreased 8.0% to $0.34, missing analysts estimates of $0.37 per share.
Net sales increased 2.1% to $3.47 billion, below estimates of $3.53 billion. The increase was driven by new store openings and the contribution from Allivet, partially offset by a decrease in comparable store sales. Same-store sales decreased 0.9%. (In December 2024, Tractor Supply completed its acquisition of Allivet, a privately-held online pet pharmacy.)
https://chainstoreage.com/tractor-supply-income-falls-cuts-2025-earnings-outlook-amid-uncertainty