Form 10-Q · Quarterly report
Tractor Supply 10-Q, filed Nov 5, 2026
- Filed
- CIK
- 0000916365
- Accession no.
- 0000916365-26-000079
Summary
Tractor Supply reported fiscal 2026 third-quarter net sales rose 5.1% to $3.91 billion, with comparable store sales up 0.4% and net income down 13.3% to $224.7 million ($0.43 per diluted share). For the first nine months, net sales rose 3.6% to $12.04 billion and net income fell 13.7% to $749.9 million, amid the VIP Petcare acquisition and Petsense store closures.
Key points
- Third-quarter net sales rose 5.1% to $3.91 billion; comparable store sales increased 0.4%, with comparable average ticket up 0.7% and transaction count down 0.3%.
- Third-quarter net income fell 13.3% to $224.7 million, or $0.43 per diluted share, and operating income fell 10.2% to $307.7 million.
- First nine months net sales rose 3.6% to $12.04 billion while comparable store sales fell 0.3%; net income fell 13.7% to $749.9 million.
- In the third quarter, Tractor Supply repurchased about 2.7 million shares for $88.5 million and paid $124.9 million in quarterly cash dividends; Petsense ended the first nine months with 135 stores, down from 207 at the start.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. Management’s Discussion Results of Operations The following table sets forth, for the periods indicated, certain items in the Consolidated Statements of Income expressed as a percentage of net sales. For the Fiscal Three For the Fiscal Nine Months Ended Months Ended September 26, 2026 September 27, 2025 September 26, 2026 September 27, 2025 Net sales 100.00% 100.00% 100.00% 100.00% Cost of merchandise sold 63.56 62.65 63.39 63.15 Gross profit 36.44 37.35 36.61 36.85 Selling, general and administrative expenses 25.17 24.80 24.47 23.64 Depreciation and amortization 3.40 3.34 3.24 3.15 Impairment expense — — 0.52 — Operating income 7.87 9.21 8.37 10.06 Interest expense, net 0.50 0.39…
An excerpt of the text as filed with the SEC, cut for length.
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