Tractor Supply Q1 EPS rises 10.9% to $1.83; sales up 2.9%, outlook reiterated
Tractor Supply reported first-quarter 2024 net sales up 2.9% to a record $3.39 billion and diluted earnings per share up 10.9% to $1.83. The company reiterated its fiscal 2024 financial outlook, which it first gave on February 1, 2024, rather than raising or cutting it.
Key points
- Net sales rose 2.9% to $3.39 billion; comparable store sales rose 1.1%, led by a 1.3% increase in transaction count.
- Diluted EPS was $1.83 versus $1.65 a year earlier; net income was $198.2 million, up 8.2%.
- Fiscal 2024 guidance reiterated: net sales of $14.7 billion to $15.1 billion and diluted EPS of $9.85 to $10.50.
- The company returned $236.2 million to shareholders in the quarter through buybacks ($117.4 million) and dividends ($118.8 million).
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 25, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.