Tractor Supply Company (TSCO) Stock Forecasts

MT HANNACH
2 Min Read
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Summary

Tractor Supply Co. with 2024 sales of $ 14.9 billion, offers a wide range of items for owners of houses, land, pets and breeding which generally have an income above average and a cost of living below average. TSCO, based in Brentwood, Tennessee, has five categories of products: cattle, equine and agriculture (26% of sales), animal companion (PET) (26% of sales); Seasonal and recreational products (23%); Equipment, tools and truck (16%); Clothing, gift and decoration (10%) and agriculture (3%). More than 85% of business customers have pets and animals. The company finished 2024 with more than 2,500 stores in 49 states: 2,296 as part of the tractor offer banner and 206 Petsense stores. Sixty -one percent of stores are free and 39% are in shopping centers. Texas has 261 stores. North Carolina has 122; Florida, 115; Georgia, 116; Pennsylvania, 114; Michigan 109; Tennessee 105; and Ohio 105. Stores are generally an hour, or more, outside of big cities. Digital sales represent around 8% of the company total. The objective is 10% to 12%.

Formed in 1982 from the active ingredients of a catalog company which has been sold agricultural supplies since 1938, the tractor offer is converted

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