- 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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From Skechers selling itself to numerous moves in the Beyond Inc. saga, here’s a look at the top deals during the first half of the year.
In only the first six months of 2025, Walgreens announced its acquisition by Sycamore Partners, Dollar Tree divulged its sale of Family Dollar and Hudson’s Bay agreed to sell its IP to Canadian Tire Corp.
Retail Dive since 2021 has tracked major deals in the industry, from IPOs to acquisitions, minority investments and more. In just the first half of 2025, Retail Dive counted 26 sales and acquisitions. That compares to 22 last year and 26 in 2023 in the same period.
In recent months, deals have surged, with nine of those deals taking place in May. That month, Levi’s sold Docker’s to Authentic Brands Group in a $311 million deal, while GameStop sold its Canadian business for an undisclosed amount.