Tractor Supply Q1 sales rise 3.6%, EPS falls 7.2% to $0.31; outlook reaffirmed
Tractor Supply reported first-quarter 2026 results for the period ended March 28, 2026. Net sales rose 3.6% to $3.59 billion, but net income fell 8.3% to $164.5 million and diluted EPS fell to $0.31 from $0.34, and the company reaffirmed its fiscal 2026 guidance, including diluted EPS of $2.13 to $2.23.
Key points
- Net sales rose 3.6% to $3.59 billion; comparable store sales increased 0.5%.
- Operating income fell 6.3% to $233.4 million; SG&A rose to 29.7% of net sales from 29.0%.
- Diluted EPS was $0.31 versus $0.34 a year earlier; net income was $164.5 million.
- Fiscal 2026 guidance reaffirmed: diluted EPS of $2.13 to $2.23 and comparable store sales growth of 1% to 3%.
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 21, 2026.
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