Shares of Tractor Supply Company (TSCO) declined more than 6% in Thursday trading after the lifestyle retailer reported fourth-quarter results.
Fourth-quarter net sales rose 3.3% to $3.90 billion, supported by new store openings and a 0.3% increase in comparable store sales. However, net income slipped to $227.4 million or $0.43 per share from $236.4 million or $0.44 a year ago.
Looking ahead, the company expects fiscal 2026 net sales growth of 4% to 6% and earnings per share of $2.13 to $2.23.
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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.