Tractor Supply Co
TSCO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >< | LOCK|Lf? | LOCK|C&xFjNP# |
Tractor Supply Earnings: Comparable Sales Stabilizing With Solid CUE Performance; Shares Undervalued
Tractor Supply's third-quarter sales grew 5.1% to $3.9 billion, benefiting from new store openings and the VIP Petcare acquisition, with comparable sales up just 0.4%. Earnings per share declined 12% to $0.43 as higher transportation costs and value proposition investments weighed on profitability.
