Tractor Supply Q1 sales up 2.1%, EPS down 8%; full-year EPS range lowered
Tractor Supply reported first-quarter 2025 net sales up 2.1% to $3.47 billion, but comparable store sales fell 0.9% and diluted EPS dropped 8.0% to $0.34. The company lowered its full-year 2025 earnings per share range to $2.00 to $2.18 from $2.10 to $2.22, citing new tariffs and increased market uncertainty.
Key points
- Q1 net sales rose 2.1% to $3.47 billion; comparable store sales decreased 0.9%
- Net income fell 9.5% to $179.4 million; diluted EPS was $0.34 versus $0.37 a year earlier
- FY2025 EPS guidance cut to $2.00 to $2.18 from $2.10 to $2.22; net sales growth range raised to 4% to 8% from 5% to 7%
- Q2 2025 guidance: EPS of $0.79 to $0.81 and comparable store sales flat to up 1%
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 24, 2025.
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.