Tractor Supply Company (TSCO) reported that its fourth-quarter net income increased to $38.25 million from $24.71 million last year. Earnings per share was $1.04 compared to $0.67 a year ago.
Net income without LIFO was $37.28 million or $1.01 per share compared to $37.26 million or $1.01 per share last year. On average, 19 analysts polled by Thomson Reuters expected the company to report profit of $0.88 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales increased to $862.53 million from $799.50 million a year ago. Analysts expected revenue of $845.45 million for the quarter.
Same-store sales increased 0.7% for the quarter.
The company anticipates net sales for fiscal 2010 will be approximately $3.42 billion-$3.48 billion, with same-store sales expected to increase approximately 0.5%-2.5%. The company projects 2010 full year net earnings to range from $3.30-$3.42 per share. Exclusive of the LIFO provision, the company projects full year net earnings to range from $3.50-$3.62 per share.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.