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Tractor Supply Company

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Tractor Supply posted in-line earnings for the fourth quarter of 2015, with year-over-year improvement in both its top and bottom lines. Earnings gained from efficient merchandise and inventory management. However, comparable-store sales (comps) were disappointing owing to unseasonably warm weather in most regions that weighed on sales of cold-weather related products. Nevertheless, 2016 commenced on a positive note for the company, given the improved weather conditions and expectations from the upcoming spring season. Further, Tractor Supply is progressing well with its growth plans, which include store expansion and technological advancements. Conversely, the seasonal nature of its business and stiff competition may weigh on the company’s performance.


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