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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.