Tractor Supply Q3 sales beat, helped by new store openings and VIP Petcare acquisition
TSCO•Tractor Supply’s third-quarter net sales rose 5.1% to $3.91 billion, above the $3.82 billion consensus estimate, while diluted EPS fell 11.6% to $0.43. The company reaffirmed its 2026 outlook, including net sales growth of 2.5% to 3.5%.
1. Quarterly results
Tractor Supply reported third-quarter net sales of $3.91 billion, up 5.1% and above the $3.82 billion analyst consensus. Comparable store sales increased 0.4%, while diluted EPS fell 11.6% to $0.43 and gross margin was 36.4%.
2. Sales drivers and outlook
The company said new store openings and the VIP Petcare acquisition drove net sales growth. Strong seasonal and consumable category sales and double-digit digital growth contributed, partially offset by continued weakness in big-ticket and companion animal categories. Tractor Supply reaffirmed its 2026 outlook for net sales growth of 2.5% to 3.5%, comparable store sales between down 1% and flat, and net income of $930 million to $990 million.
