Tractor Supply Company Reports Record Sales and Earnings for Second Quarter 2020
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July 23, 2020 4:58 PM EDT
Raymond James analyst Matthew McClintock raised the price target on Tractor Supply Company (NASDAQ: TSCO) to $170.00 (from $135.00) while maintaining a Strong Buy rating.
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July 23, 2020 3:49 PM EDT
Piper Sandler analyst Peter Keith raised the price target on Tractor Supply Company (NASDAQ: TSCO) to $163.00 (from $160.00) while maintaining a Overweight rating.
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July 23, 2020 6:17 AM EDT
Tractor Supply (NASDAQ: TSCO) reported Q2 EPS of $2.90, $0.44 better than the analyst estimate of $2.46. Revenue for the quarter came in at $3.18 billion versus the consensus estimate of $2.92 billion.
Net Sales Increased 35.0%; Comparable Store Sales Increased 30.5% with Strong Double-Digit Growth Across All Product Categories and Regions; Triple-Digit E-commerce GrowthDiluted Earnings Per Share Increased 61.1% to $2.90Company Provides Third Quarter 2020 Outlook and Outlines Select New Growth Initiatives
In a highly dynamic environment, the Tractor Supply team delivered record results for the second quarter. At all levels, our teams... More
