- Tractor Supply on Thursday reported that Q2 net sales rose 4.5% year over year to $4.4 billion, with store comps up 1.5% — the retailer’s “largest sales quarter ever,” CEO Hal Lawton told analysts. A year ago, the company saw comps drop 0.5%.
- Gross margin expanded to 36.9% from 36.6% last year, as net income rose 1.1% to $430 million. The company reaffirmed its full-year outlook, saying it expects net sales to rise 4% to 8%, comps to be flat or rise as much as 4% and net income to land between $1.07 billion and $1.17 billion.
- In Q2 the retailer opened 24 new Tractor Supply stores and two under the Petsense by Tractor Supply banner, and closed one Petsense by Tractor Supply location. The plan is to open 100 new stores in 2026, with the help of the recent acquisition of 18 Big Lots locations, executives said Thursday.
Tractor Supply to ramp up store openings, with plans for 100 new locations next year | Retail Dive
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Enforcement of the California Consumer Privacy Act (CCPA) begins on July 1st. Are you fully prepared? If not, your company risks being subject to non-compliance fines from California’s regulators. You can avoid this, of course, by being fully prepared. Join ACMA’s expert and diverse panel, including an attorney, a service provider, and a merchant, as they will provide all you need to know within the course of the can’t-miss, free webinar, "California Consumer Privacy Act: Are You Fully Prepared?" Who Should Not Miss This Presentation: Online/direct/catalog merchants who do business not only in California but the growing number of states aiming to follow California’s privacy blueprint, as well as their suppliers, consultants and other advisors. This event is open to both ACMA members and non-members. What You Will Learn: • How to identify any non-compliance risks • How a catalog/online merchant has prepared for the July 1st compliance date • Steps a service provider is taking to support its clients' compliance • Which other states to be on the lookout for. click read more below to register