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Tractor Supply Reports Record Second Quarter

Vernon Schmidt

Tractor Supply Company has reported financial results for its second quarter ended June 25, 2022.

  • Net Sales Increased 8.4%; Comparable Store Sales Increased 5.5%
  • Company Raises Fiscal 2022 Financial Outlook to Reflect Outperformance in the First Half of the Year

Net sales for the second quarter of 2022 increased 8.4% to $3.90 billion from $3.60 billion in the second quarter of 2021. Comparable store sales increased 5.5%, as compared to an increase of 10.5% in the prior year’s second quarter. Comparable store sales for the second quarter of 2022 were driven by comparable average ticket growth of 7.5%, offset by a decrease in comparable average transaction count of 2.0%. Comparable store sales growth reflects continued strength in every day, needs-based merchandise, including consumable, usable and edible (“C.U.E.”) products and year-round product categories.