The Latest Breaking News from Tractor Supply

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With inflation on the rise over the past 12 months, it should come as no surprise the consumer discretionary sector is the third-worst performing sector in the S&P 500, down roughly 20% year-to-date, as of Sept. 9.

Tractor Supply Company (NASDAQ: TSCO) is likely to register increases in the top and bottom lines when it reports second-quarter 2022 results on Jul 21, before market open.

Surging inflation, the Fed’s tighter monetary policy, and prospects of an economic downturn have caused massive sell-off in the stock market lately. Despite the ongoing market turbulence, CrowdStrike Holdings, Inc. (CRWD) and Tractor Supply Company (TSCO) possess enough fundamental strength to outperform. Read on to learn more….

Within the last quarter, Tractor Supply (NASDAQ:TSCO) has observed the following analyst ratings:

U.S. consumers are shifting their spending habits by prioritizing essential items over discretionary items, according to BofA Securities. The trend has inspired the firm to downgrade the rating for Best Buy Co.

Upgrades

Within the last quarter, Tractor Supply (NASDAQ:TSCO) has observed the following analyst ratings: