earnings
confidence high
sentiment positive
materiality 0.75
Tractor Supply Q3 EPS $2.10 beats; raises FY2022 EPS guidance to $9.55-$9.63
TRACTOR SUPPLY CO /DE/
2022-Q3 EPS reported
$7.27
revenue$10,198,342,000
- Net sales $3.27B (+8.4% YoY); comp store sales +5.7% (vs +13.1% last year).
- Diluted EPS $2.10, up 7.7% from $1.95; FY2022 EPS guidance raised to $9.55-$9.63.
- FY2022 net sales guidance raised to $14.06-$14.12B; includes ~1.5 pts from 53rd week.
- Acquired Orscheln Farm and Home (closed Oct 12); adds ~$75M to Q4 sales, neutral to op income.
- Returned $225.5M to shareholders in Q3 via $123.6M buybacks and $101.9M dividends.