The Latest Breaking News from Tractor Supply Co

President Trump's return to the White House could mean lower corporate taxes, less red tape, favorable trade deals to help the U.S. agriculture industry.

Tractor Supply Co (NASDAQ:TSCO) reported first-quarter FY22 sales growth of 8.3% year-on-year to $3.02 billion, beating the consensus of $2.92 billion. Comparable store sales increased 5.2%, driven by comparable average ticket growth of 6.7% and a decline in comparable average transaction count of 1.4%. Comparable store sales grew 38.6% in the prior year's…

Oppenheimer analyst Brian Nagel upgraded Tractor Supply Co (NASDAQ:TSCO) to Outperform from Perform with a $270 price target, implying a 16.1% upside. The analyst notes Tractor Supply's model strengthened through the COVID-19 crisis. Nagel specifies that macro tailwinds like soaring fuel prices and demographic shifts as the reasons for the upgrade. Also Read: Tractor Supply Q4…

Tractor Supply Co (NASDAQ:TSCO) has partnered with Software AG (OTC:STWRY) to manage customer demand and improve shopping experiences. Tractor Supply uses Software AG's API and integration solution to enable its customers to connect experiences across the store, mobile, and click-and-collect channels. Software AG solution allows Tractor Supply's customers to make purchases faster through advanced mobile…