Tractor Supply Company (TSCO) announced robust first-quarter 2022 results, achieving net income of $187.2 million and an EPS of $1.65, exceeding expectations by 25 cents. The company saw an 8.3% increase in revenue, reaching $3.02 billion, which earned it a Zacks Rank of #2 and a favorable Growth Score of A. Despite a 2.8% decline in shares during premarket trading and conservative sales guidance for the full year, TSCO maintains a positive outlook with an expected EPS growth rate of 8.9% this year and plans to open 75-80 new stores, though construction delays continue to pose challenges.
“Tractor Supply Company · carries · a Zacks Rank #2”
“Tractor Supply · is · the largest rural-lifestyle retailer in the U.S. · true”
“Tractor Supply · operates · a total of 2,003 stores · in 49 states at the end of 2021”
“Tractor Supply · has · Earnings ESP · +3.60%”
“Tractor Supply · has · expected earnings growth rate · 8.9%”
“Tractor Supply Company · carries a Zacks Rank · of 2 (Buy)”
“Tractor Supply Company · has an expected EPS growth rate of · 9.8% · for three-five years”
“Tractor Supply (TSCO) · is recommended by · Zacks Growth Style Score · proprietary system”
“Tractor Supply (TSCO) · has a historical EPS growth rate of · 24.7% · null”
“Tractor Supply (TSCO) · is expected to grow its EPS by · 8.3% · this year”
“Tractor Supply (TSCO) · has year-over-year cash flow growth of · 23.8% · null”
“Tractor Supply (TSCO) · has an annualized cash flow growth rate of · 16.9% · over the past 3-5 years”