TSCO · 10-Q · 2026Q3

TRACTOR SUPPLY CO /DE/

Filed 2026-11-05 · Consumer · View original filing on EDGAR

Everything TSCO's SEC filings said, ranked

Ranked Events

• Liquidity and Debt PositionImportance 76 · Surprise 56
  Total debt was $2.23 billion as of September 26, 2026, up from $1.74 billion at September 27, 2025; outstanding borrowings included $500 million of 5.20% Senior Notes and $200 million under the revolving credit…
• Capital Expenditure OutlookImportance 68 · Surprise 42
  For fiscal 2026, Tractor Supply estimates capital expenditures, net of sale-leaseback proceeds, of approximately $675 million to $700 million. The plan includes opening approximately 100 Tractor Supply stores and…
• Petsense RestructuringImportance 65 · Surprise 82
  During the first nine months of fiscal 2026, the Company closed 74 Petsense stores, compared with one closure in the third quarter of fiscal 2025. Petsense-related charges included $5.9 million of inventory impairment,…
• Working Capital ChangesImportance 64 · Surprise 56
  Operating activities generated $882.6 million of net cash in the first nine months of fiscal 2026, down $427.8 million from $1.31 billion in the prior-year period. Inventories and accounts payable used $267.7 million…
• Acquisition / Partnership / DivestitureImportance 59 · Surprise 60
  The acquisition of VIP Petcare contributed to third-quarter and first-nine-month fiscal 2026 sales growth, generating $170.3 million and $444.7 million of sales, respectively, alongside new stores. The Company used…
• Market Demand TrendsImportance 57 · Surprise 64
  Third-quarter net sales increased 5.1%, while comparable store sales grew 0.4%, compared with 3.9% comparable-store growth in the prior-year quarter. Seasonal categories, including wildlife supplies, equine and…
• Capital Expenditure ProgramImportance 55 · Surprise 32
  Capital expenditures totaled $651.6 million in the first nine months of fiscal 2026, up from $629.2 million in the prior-year period. Spending included $259.2 million for new, relocated and not-yet-opened stores,…
• Store Count and ExpansionImportance 52 · Surprise 56
  Tractor Supply opened 91 stores in the first nine months of fiscal 2026, compared with 68 in the prior-year period. Its store count increased from 2,395 at the start of the fiscal year to 2,486 at September 26, 2026.…
• Net Income and ProfitabilityImportance 48 · Surprise 40
  Third-quarter fiscal 2026 operating income decreased 10.2% to $307.7 million from $342.7 million a year earlier. Third-quarter net income declined 13.3% to $224.7 million, or $0.43 per diluted share, from $259.3…
• Revenue Performance and MixImportance 43 · Surprise 32
  Third-quarter fiscal 2026 net sales rose 5.1% to $3.91 billion, while comparable-store sales increased 0.4%; new stores and VIP Petcare contributed $170.3 million, or 4.6 percentage points of sales growth. Comparable…
• Capital Return ProgramImportance 37 · Surprise 6
  In the third quarter of fiscal 2026, the Company repurchased approximately 2.7 million shares for $88.5 million, excluding the 1% excise tax, and paid $124.9 million in dividends, returning $213.4 million to…
• Manufacturing and CapacityImportance 34 · Surprise 42
  The Company’s newest distribution center in Nampa, Idaho, began operations in the fourth quarter of fiscal 2026. Distribution-center capital expenditures during the first nine months of fiscal 2026 represented…
• Petsense Store ClosuresImportance 34 · Surprise 42
  The Company closed 74 Petsense stores during the third quarter, bringing fiscal-year-to-date Petsense closures to 75. The filing separately reports inventory impairment associated with the closure of 74 Petsense…
• Gross Margin DriversImportance 31 · Surprise 32
  Third-quarter fiscal 2026 gross profit increased 2.6% to $1.42 billion, but gross margin declined 92 basis points to 36.4%. The quarterly margin decline was primarily attributable to higher transportation and fuel…
• Digital Channel and Delivery GrowthImportance 30 · Surprise 40
  Double-digit growth in digital sales contributed to third-quarter results. Digital sales also contributed to first-nine-month results, alongside strength in seasonal categories and the remainder of the Company’s C.U.E.…
• Income Tax Rate ChangesImportance 25 · Surprise 32
  The third-quarter fiscal 2026 effective income tax rate increased to 22.1% from 21.0% in the prior-year quarter, primarily because certain prior-year tax-planning initiatives were lapped. For the first nine months, the…
• Operating Expense TrendsImportance 25 · Surprise 32
  Third-quarter SG&A, including depreciation and amortization, increased 6.8% to $1.12 billion, and rose 43 basis points to 28.6% of sales. The increase in the quarterly expense ratio reflected deleverage from lower…
• Quarterly Dividend DeclarationImportance 13 · Surprise 6
  On November 4, 2026, the Board declared a quarterly cash dividend of $0.24 per share. The dividend is payable December 8, 2026, to stockholders of record at the close of business on November 23, 2026. The Company paid…

Revenue by Product (in percentage of net sales)