Tractor Supply (TSCO) Tops Q4 EPS by 3c, Revenues Beat; Offers FY19 EPS/Revenue Guidance
Tractor Supply (NASDAQ: TSCO) reported Q4 EPS of $1.11, $0.03 better than the analyst estimate of $1.08. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.1 billion.
- Fourth Quarter Comparable Store Sales Increased 5.7%; Fourth Quarter Net Sales Increased 9.2%
- Fiscal Year Comparable Store Sales Increased 5.1%; Fiscal Year Net Sales Increased 9.0%
- Fourth Quarter Diluted EPS Increased 27.6% to $1.11 and Fiscal Year Diluted EPS Increased 30.6% to $4.31
- $496.9 Million of Capital Returned to Shareholders Through Share Repurchases and Quarterly Cash Dividends in Fiscal 2018
- Company Provides Fiscal 2019 Diluted EPS Outlook of $4.60 to $4.75
“2018 was a successful year for Tractor Supply, driven by balanced and broad-based sales growth, while making strategic investments in our business. The Tractor Supply team had great execution throughout the year, including a strong fourth quarter with comparable store sales growth of 5.7% with increases in both comparable average ticket and transaction count,” said Greg Sandfort, Tractor Supply’s Chief Executive Officer.
“As we move into 2019, we continue to build on our ONETractor strategy to provide our customers with a seamless shopping experience anytime, anywhere and in any way they choose. We remain excited about our future prospects and continue to believe we are well positioned for long-term growth and sustainable shareholder value creation.”
GUIDANCE:
Tractor Supply sees FY2019 EPS of $4.60-$4.75, versus the consensus of $4.70. Tractor Supply sees FY2019 revenue of $8.31-8.46 billion, versus the consensus of $8.42 billion.
For earnings history and earnings-related data on Tractor Supply (TSCO) click here.
