---
schema_version: "secwatch.filing_event.v1"
accession: "0000916365-23-000108"
form_type: "8-K"
ticker: "TSCO"
cik: "0000916365"
company_name: "TRACTOR SUPPLY CO /DE/"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:27:57.720348+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tractor Supply Q3 net sales $3.41B (+4.3%), EPS $2.33 (+11%); cuts FY23 guidance

## Summary
- Comparable store sales declined 0.4% vs +5.7% a year ago; core C.U.E. products outpaced chain average.
- Gross margin expanded 101 bps to 36.7% on lower transportation costs and supply chain efficiencies.
- Diluted EPS of $2.33 includes $0.08 one-time benefit from asset life adjustment.
- FY23 guidance lowered: net sales $14.5-14.6B (prev. $14.8-14.9B), EPS $10.00-$10.10 (prev. $10.20-$10.40).
- Returned $247.4M to shareholders in Q3 via $135.4M buybacks and $112.0M dividends.

## SEC filing metadata
- accession: 0000916365-23-000108
- form_type: 8-K
- ticker: TSCO
- cik: 0000916365
- company_name: TRACTOR SUPPLY CO /DE/
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/916365/000091636523000108/0000916365-23-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/916365/000091636523000108/tsco-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000916365-23-000108
- JSON: https://secwatch.observer/filing/0000916365-23-000108.json
- Plain text: https://secwatch.observer/filing/0000916365-23-000108.txt

## Key facts
- Earnings Releases
  TRACTOR SUPPLY CO /DE/ reported the fiscal third quarter ended September 30, 2023 results: revenue $3.41 billion, net income $255.0 million, EPS $2.33. Guidance lowered.
  - Period: the fiscal third quarter ended September 30, 2023
  - Revenue: $3.41 billion
  - Net income: $255.0 million
  - EPS: $2.33
  - Guidance: lowered
  - Result: reported results
  source text: rural lifestyle retailer in the United States (the “Company”), today reported financial results for its third quarter ended September 30, 2023. l Net Sales Increase of 4.3% to $3.41 Billion with a Comparable Store Sales Decline of 0.4% l Diluted Earnings per Share Growth of 11.0% to $2.33 l Underlying Customer Trends Remain Solid with Growth in Active, Reactivated
  evidence_url: https://www.sec.gov/Archives/edgar/data/916365/000091636523000108/0000916365-23-000108-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.