Tractor Supply Co (TSCO) Q3 2025 – Net Sales Reach Record $3.72B

By Hao Liu • Thursday, October 23 10:48 • Permanent Link

Tractor Supply Company (NASDAQ: TSCO) has reported its third quarter financial results for 2025, showing a 7.2% increase in net sales to reach a record $3.72 billion, up from $3.47 billion in the same quarter of 2024. Comparable store sales also saw a significant increase of 3.9%, with a corresponding growth in comparable average transaction count of 2.7%.

The company's gross profit increased by 7.7% to $1.39 billion from $1.29 billion in the previous year's third quarter, with a gross margin rate increase of 15 basis points to 37.4%. However, selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased by 8.4% to $1.05 billion from $965.8 million in the same period of 2024.

Operating income rose by 5.6% to $342.7 million from $324.6 million in the third quarter of 2024, while net income increased by 7.4% to $259.3 million from $241.5 million. Diluted earnings per share (EPS) also saw an 8.6% increase to $0.49 compared to $0.45 in the third quarter of 2024.

The company repurchased approximately 1.3 million shares of its common stock for $75.4 million and paid quarterly cash dividends totaling $121.9 million, returning a total of $197.3 million of capital to shareholders in the third quarter of 2025. Additionally, Tractor Supply opened 29 new stores and closed one Petsense by Tractor Supply store during this period.

Looking ahead, based on its year-to-date performance and a comparable store sales outlook of +1% to +5% for the fourth quarter, Tractor Supply has narrowed its financial guidance for fiscal year 2025. The updated net sales growth range is now +4.6% to +5.6%, compared to the previous range of +4% to +8%. The company also adjusted its net income and earnings per diluted share outlook for the fiscal year.

Tractor Supply's President and CEO, Hal Lawton, expressed confidence in the company's performance, stating that they are "well positioned for the fall and winter seasons" and are encouraged by the early momentum in their strategic initiatives.

As of September 27, 2025, Tractor Supply operated 2,364 stores in 49 states and 206 Petsense by Tractor Supply stores in 23 states. Today the company's shares have moved 0.11% to a price of $54.83. For the full picture, make sure to review TRACTOR SUPPLY CO /DE/'s 8-K report.

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