secwatch.observer — SEC 8-K summary
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Issuer:     TRACTOR SUPPLY CO /DE/ (TSCO)
CIK:        0000916365
Form:       8-K
Filed at:   2022-10-12T23:59:59+00:00
Accession:  0000916365-22-000099
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FTC clears Tractor Supply to close Orscheln Farm and Home acquisition; net purchase price $238M for 81 stores
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- FTC clearance obtained; closing expected October 12, 2022. Net purchase price ~$238M after divesting 85 stores to Bomgaars and Buchheit for ~$72M.
- Revenue from acquisition expected to add ~$75M to net sales in Q4/FY2022, neutral to operating income; at least $300M in FY2023, accretive by at least $0.10 to EPS.
- Tractor Supply raises store growth opportunity to 2,800 locations (+100 stores). Post-closing: >2,100 stores, >$14B annual revenue, 50,000 team members.
- Acquired stores to be remodeled to Tractor Supply brand over 15 months. Orscheln HQ and distribution center to be sold to Bomgaars for ~$10M within 15 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916365/000091636522000099/0000916365-22-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916365/000091636522000099/tsco-20221012.htm
  HTML page:      https://secwatch.observer/filing/0000916365-22-000099

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