Home » Industry News » Sales and Income Up for Tractor Supply Co.

Sales and Income Up for Tractor Supply Co.

Tractor Supply Co. experienced year-over-year increases in sales and income for its first quarter of 2015.

Net sales were $1.33 billion, an increase of nearly 13 percent over first-quarter 2014. The company’s net income grew by approximately 19 percent, reaching $58 million.

The increases were driven by growth in store traffic and ticket numbers, and comparable store sales were up by about 5 percent, according to the company.

Read the June issue of Hardware Retailing magazine for an exclusive Q&A with Tractor Supply president and CEO Greg Sandfort, who offers insight into the company’s success and growth plans.

Tractor Supply is the largest rural lifestyle retail store chain in the U.S. The Brentwood, Tennessee, company opened 41 stores and closed one in the first quarter of 2015. The company owns about 1,400 locations.

“We are pleased with our performance in the first quarter and the overall trends in our business. Sales growth was well balanced across all major merchandise categories and geographic regions, driven by increases in both traffic and ticket,” Sandfort says.

About Kate Klein

Kate is profiles editor for Hardware Retailing magazine. She reports on news and industry events and writes about retailers' unique contributions to the independent home improvement sector. She graduated from Cedarville University in her home state of Ohio, where she earned a bachelor's degree in English and minored in creative writing. She loves being an aunt, teaching writing to kids, running, reading, farm living and, as Walt Whitman says, traveling the open road, “healthy, free, the world before me.”

Check Also

NHS Day 1

Expanded Offerings, New Opportunities Shine Bright on Day 1 at NHS

With a reimagined show floor and outdoor living area, several new product categories and refreshed …