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Piper Jaffray Downgrades Tractor Supply Company (TSCO) to Neutral Following Warning

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Tractor Supply Company Provides Business Update Ahead of Participation in Goldman Sachs Global Retailing Conference

September 7, 2016 4:01 PM EDT

BRENTWOOD, TN -- (Marketwired) -- 09/07/16 -- Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today provided a business update for the third quarter-to-date and announced its participation in the Goldman Sachs 23rd Annual Global Retailing Conference on September 8, 2016.

Net sales for the third quarter are expected to increase approximately 4.2% to 5.0% to $1.54 billion to $1.55 billion from $1.48 billion in the third quarter of 2015, with comparable store sales ranging from flat to a decrease of (1.0)%... More