secwatch.observer — SEC 8-K summary
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Issuer:     TRACTOR SUPPLY CO /DE/ (TSCO)
CIK:        0000916365
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000916365-23-000108
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/916365/000091636523000108/0000916365-23-000108-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/916365/000091636523000108/tsco-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000916365-23-000108

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer