NASDAQ$TSCO
Tractor Supply Co · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported financial results for the first quarter ended April 1, 2023, with net sales increasing and comparable store sales growing, driven by consumable, usable, and edible categories, while confirming the 2023 financial outlook.
Tractor Supply Company reported a 9.1% increase in net sales, reaching $3.30 billion in the first quarter of 2023. Comparable store sales increased by 2.1%. Diluted earnings per share remained consistent with the prior year at $1.65. The company reaffirmed its financial outlook for fiscal year 2023.
- Net sales increased by 9.1% to $3.30 billion.
- Comparable store sales increased by 2.1%, driven by strength in consumable, usable, and edible categories.
- Diluted earnings per share was $1.65, consistent with the prior year.
- The company confirmed its financial outlook for 2023.
Headline financials
Revenue & EPS history
Tractor Supply · Revenue · Quarterly
$3.3B
Forward guidance
The Company confirmed its fiscal 2023 financial guidance, initially provided on January 26, 2023. For fiscal 2023, the Company expects the following: Net Sales $15.0 billion to $15.3 billion Comparable Store Sales +3.5% to +5.5% Operating Margin Rate 10.1% to 10.3% Net Income $1.13 billion to $1.17 billion Earnings per Diluted Share $10.30 to $10.60
Tailwinds
- Net Sales $15.0 billion to $15.3 billion
- Comparable Store Sales +3.5% to +5.5%
- Operating Margin Rate 10.1% to 10.3%
- Net Income $1.13 billion to $1.17 billion
- Earnings per Diluted Share $10.30 to $10.60
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.4%
Avg return
Earnings day
-0.7%
Avg return
5 days after
+0.1%
Avg return
30 days after
46%
32 / 69 earnings
Positive
+17.7%
Q2 2012
Best reaction
-8.5%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.6% | -18.0% | -30.0% | |
| Q4 2025 | -8.0% | -3.0% | -6.0% | |
| Q3 2025 | +2.7% | +1.2% | -3.5% | |
| Q2 2025 | -0.4% | +1.6% | +0.8% | |
| Q1 2025 | -3.4% | -1.7% | -2.0% | |
| Q4 2024 | -5.0% | -5.5% | -3.2% | |
| Q3 2024 | -6.6% | -8.0% | -3.6% | |
| Q2 2024 | +0.0% | -0.3% | +2.5% | |
| Q1 2024 | +6.1% | +5.8% | +9.2% | |
| Q4 2023 | +3.7% | +4.1% | +12.4% | |
| Q3 2023 | -5.2% | -2.8% | +0.1% | |
| Q2 2023 | +4.4% | +4.5% | -0.5% | |
| Q1 2023 | -2.0% | -0.5% | -13.0% | |
| Q4 2022 | +5.5% | +6.6% | +7.8% | |
| Q3 2022 | +0.5% | +9.2% | +12.0% | |
| Q2 2022 | -6.0% | -11.4% | -1.9% | |
| Q1 2022 | -6.5% | -6.9% | -18.6% | |
| Q4 2021 | +3.7% | +6.4% | -3.1% | |
| Q3 2021 | +2.9% | +2.2% | +14.0% | |
| Q2 2021 | -2.8% | -0.7% | +2.1% | |
| Q1 2021 | +5.1% | +5.7% | +1.8% | |
| Q4 2020 | -7.8% | -6.9% | +3.4% | |
| Q3 2020 | -6.2% | -10.0% | -13.0% | |
| Q2 2020 | +0.4% | -2.0% | +5.0% | |
| Q1 2020 | +6.9% | +7.9% | +17.2% | |
| Q4 2019 | -2.2% | -4.1% | -6.9% | |
| Q3 2019 | +1.4% | +0.4% | +2.2% | |
| Q2 2019 | -2.3% | -2.9% | -13.9% | |
| Q1 2019 | +1.1% | -0.5% | -2.8% | |
| Q4 2018 | -3.0% | -0.0% | +6.0% | |
| Q3 2018 | +7.9% | +11.0% | +6.1% | |
| Q2 2018 | -2.4% | -0.2% | +13.3% | |
| Q1 2018 | +10.0% | +9.0% | +17.9% | |
| Q4 2017 | -8.5% | -15.9% | -17.7% | |
| Q3 2017 | -1.6% | +3.8% | +10.3% | |
| Q2 2017 | +7.5% | +4.8% | +11.3% | |
| Q1 2017 | -4.3% | -5.5% | -15.5% | |
| Q4 2016 | +0.1% | -0.5% | -1.7% | |
| Q3 2016 | -0.4% | -1.2% | +11.7% | |
| Q2 2016 | -3.5% | -1.9% | -7.8% | |
| Q1 2016 | +5.2% | — | — | |
| Q4 2015 | -0.8% | — | — | |
| Q3 2015 | +5.3% | — | — | |
| Q2 2015 | +2.0% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +3.4% | — | — | |
| Q3 2014 | +15.5% | — | — | |
| Q2 2014 | +5.7% | — | — | |
| Q1 2014 | -1.2% | — | — | |
| Q4 2013 | -4.6% | — | — | |
| Q3 2013 | +7.9% | — | — | |
| Q2 2013 | -3.1% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q4 2012 | +10.3% | — | — | |
| Q3 2012 | -2.4% | — | — | |
| Q2 2012 | +17.7% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | +0.3% | — | — | |
| Q2 2011 | -7.5% | — | — | |
| Q1 2011 | -1.7% | — | — | |
| Q1 2010 | -1.7% | — | — | |
| Q4 2010 | -1.7% | — | — | |
| Q4 2008 | -1.7% | — | — | |
| Q3 2009 | +1.5% | — | — | |
| Q3 2010 | +1.5% | — | — | |
| Q2 2010 | -1.1% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q2 2009 | -1.1% | — | — |
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