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Tractor Supply earnings beat expectations, guidance lifted
Tractor Supply Co. reported second-quarter net income of $370.0 million, or $3.19 per share, up from $338.7 million, or $2.90 per share, last year. Sales totaled $3.60 billion, up from $3.18 billion in 2020. The FactSet consensus was for EPS of $2.98 and sales of $3.48 billion. Same-store sales grew 10.5%, with a 4.5% rise in comparable transaction count and 6% average ticket growth the main drivers of the result. The FactSet consensus was for a 1.9% decline. On a two-year stack, same-store sale
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