Tractor Supply Company declares quarterly cash dividend of $0.27 per share of its common stock

BRENTWOOD, Tenn., 2018-Feb-09 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of the Company’s common stock.

The dividend will be paid on March 13, 2018, to stockholders of record as of the close of business on February 26, 2018.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use. At December 30, 2017, the Company operated 1,685 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At December 30, 2017, the Company operated 168 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Tractor Supply Company
Investor Contacts:
Mary Winn Pilkington (615) 440-4212
Beth Thompson (615) 440-4102

Media Contacts:
Alecia Pulman/Brittany Rae Fraser, ICR (203) 682-8200

Source: Tractor Supply Company/ GLOBE NEWSWIRE

Tractor Supply Company announces its participation in the Morgan Stanley Global Consumer and Retail Conference

BRENTWOOD, Tenn., 2017-Nov-09 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, today (Nov. 08, 2017) announced its participation in the Morgan Stanley Global Consumer and Retail Conference on November 15, 2017.  Kurt Barton, Chief Financial Officer; Rob Mills, Chief Information Officer and Strategist; and Beth Thompson, Manager, Investor Relations and Corporate Communications, will attend this conference.

The Company’s 30-minute presentation will begin at 10:40 a.m. Eastern Time, on November 15, 2017 and will be webcast live on the Company’s website at IR.TractorSupply.com.  The webcast will be archived and available at the same location shortly after the presentation.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At September 30, 2017, the Company operated 1,665 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At September 30, 2017, the Company operated 162 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Contact:

Kurt Barton
Chief Financial Officer

Beth Thompson
Manager
Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter, ICR

Media:
Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company/globenewswire

Tractor Supply Company announces the appointment of Thomas A. Kingsbury to its Board of Directors

BRENTWOOD, Tenn., 2017-Nov-08 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, today (Nov. 06, 2017)  announced that Thomas A. Kingsbury has been appointed to the Company’s Board of Directors.

Mr. Kingsbury brings a wealth of knowledge and CEO leadership experience to the Tractor Supply Board, having worked in the retail industry for more than 40 years. He has served as a senior executive with several leading retailers, including Kohl’s Corporation and The May Department Stores Company. Mr. Kingsbury has served as President and Chief Executive Officer and a member of the Board of Directors of Burlington Stores, Inc. since December 2008, and he was appointed Chairman of the Board of Directors for Burlington Stores, Inc. in May 2014.

“We are thrilled to welcome Tom to our Board of Directors,” said Cynthia Jamison, Tractor Supply Company’s Chairman of the Board. “Tom is a talented leader with a pulse on consumer behavior and purchasing patterns, as well as an expert in merchandising strategies that drive market share growth and margin improvement. As we continue to focus on linking our physical and digital storefronts into one seamless shopping environment through the ONETractor initiative, we look forward to the contributions Tom will bring to the Company.”

Mr. Kingsbury commented, “Tractor Supply has an extremely authentic brand with a proven store growth strategy, unique merchandising assortments, and knowledgeable team members that have made them the leading authority in the rural lifestyle segment. I’m excited to be joining the Company’s Board as Tractor Supply continues to implement strategic initiatives to enhance shareholder value.”

Prior to serving as President, Chief Executive Officer and Chairman of Burlington Stores, Inc., Mr. Kingsbury served as Senior Executive Vice President of Information Services, E-Commerce, Marketing and Business Development of Kohl’s Corporation from August 2006 to December 2008. Prior to 2006, Mr. Kingsbury served in various management positions with The May Department Stores Company, an operator of department store chains, commencing in 1976 and as President and Chief Executive Officer of the Filene’s division since February 2000.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At September 30, 2017, the Company operated 1,665 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At September 30, 2017, the Company operated 162 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Contact:
Kurt Barton
Chief Financial Officer

Beth Thompson
Manager
Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company/globenewswire

Tractor Supply Company to present at the Goldman Sachs 24th Annual Global Retailing Conference on September 7, 2017

BRENTWOOD, Tenn., 2017-Sep-06 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, today announced its participation in the Goldman Sachs 24th Annual Global Retailing Conference on September 7, 2017.  Greg Sandfort, Chief Executive Officer, Kurt Barton, Chief Financial Officer, and Christine Skold, Vice President, Investor Relations and Corporate Communications, will attend this conference.

The Company will engage in a 40-minute fireside chat, starting at 10:35 a.m. Eastern Time, on September 7, 2017. A webcast will be available on the Company’s website at IR.TractorSupply.com, and an archive of the webcast will be accessible for 90 days.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States.  At July 1, 2017, the Company operated 1,630 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com.  Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At July 1, 2017, the Company operated 160 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Kurt D. Barton, Chief Financial Officer
Christine Skold, Vice President, Investor Relations and
Corporate Communications
(615) 440-4000

Investors: John Rouleau/Rachel Schacter
Media: Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company/ GLOBE NEWSWIRE

Tractor Supply Company starts construction of new distribution center in Frankfort, NY

BRENTWOOD, Tenn., 2017-Aug-10 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, announced today ( Aug. 09, 2017) it has officially begun construction of a new distribution center in Frankfort, NY.

“The addition of our new distribution center in New York is important to our continued growth, as the facility will provide Tractor Supply the capacity we need to further our store expansion in the Northeast Corridor of the country,” said Greg Sandfort, Chief Executive Officer. “We are always looking for new ways to reach our customers as quickly and efficiently as possible, and this distribution center will play a critical role in our digital fulfillment strategy. We’re excited to begin the building process and look forward to a longstanding partnership with the great Frankfort community.”

Governor Andrew M. Cuomo said, “We have invested more in the Mohawk Valley in six years than the region had seen in decades and it’s paying off.  Unemployment is down, while private sector jobs are up and we’ve successfully attracted Tractor Supply Company to Herkimer County, which will soon create 350 good jobs for hard-working Upstate New Yorkers. This is a huge win for Herkimer County and the entire region, and we look forward to a long, successful partnership with the company.”

Tractor Supply executives and local government officials held a ceremonial groundbreaking event earlier today, August 9, at the site of the Frankfort distribution center located in the Frankfort 5S South Business Park. The facility is expected to begin shipping by the end of 2018 and will be approximately 930,500 square-foot in size, with the potential to create more than 350 new full-time jobs over the next six years.

“This groundbreaking is the result of several years of work and dedication by many to bring a tenant to the Frankfort 5S South Business Park,” said Chairman Bernard Peplinski, Sr., of the Herkimer County Legislature. “As the walls go up and the doors open later next year, the residents of Herkimer County and the surrounding area will benefit from the additional jobs and resulting economic growth as we work with Tractor Supply.”

Senator James L. Seward said, “Whenever I discuss economic development for the Mohawk Valley, the conversation inevitably turns to the Frankfort 5S South Business Park, also known as the Pumpkin Patch.  Tractor Supply’s arrival is great news and the project will stimulate our regional economy leading to future growth and more good paying jobs for our families.”

Assemblyman Anthony Brindisi of Utica said, “Tractor Supply Company will be an outstanding tenant and will bring job opportunities to many area residents, which will help businesses in surrounding communities as well. Through securing state funding toward the cost of a new water tower and infrastructure improvements, we were able to help make this project a reality. I want to acknowledge the Herkimer County Legislature, the Herkimer County IDA, and everyone else who partnered on this very significant investment in our community.”

Tractor Supply currently operates 1,630 stores in 49 states across the country and seven distribution centers in various locations including Casa Grande, AZ, Franklin, KY, Hagerstown, MD, Macon, GA, Pendleton, IN, Waco, TX, and Waverly, NE.  Upon completion of the Frankfort facility in late 2018, Tractor Supply will operate eight distribution centers in total.

For more information on Tractor Supply Company, or to shop their products online, please visit www.tractorsupply.com.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States.  At July 1, 2017, the Company operated 1,630 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com.  Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At July 1, 2017, the Company operated 160 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Media:

Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company/globenewswire

Tractor Supply Company declares quarterly cash dividend of $0.27 per share

BRENTWOOD, Tenn., 2017-Aug-09 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, today (Aug. 08, 2017) announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of the Company’s common stock.

The dividend will be paid on September 6, 2017, to stockholders of record as of the close of business on August 21, 2017.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At July 1, 2017, the Company operated 1,630 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com.  Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At July 1, 2017, the Company operated 160 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Contact:
Kurt Barton
Chief Financial Officer

Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to release its second quarter 2017 results on Wednesday, July 26, 2017

BRENTWOOD, Tenn, 2017-Jul-21 — /EPR Retail News/ — Tractor Supply Company (NASDAQ:TSCO), the largest rural lifestyle retail store chain in the United States, intends to release its second quarter 2017 results after the market closes on Wednesday, July 26, 2017.  In conjunction with this release, the management of Tractor Supply Company will host a conference call at 5:00 p.m. Eastern Time on Wednesday, July 26, 2017, which will be simultaneously webcast live over the Internet at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At April 1, 2017, the Company operated 1,617 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At April 1, 2017, the Company operated 152 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Contact:

Kurt D. Barton
Chief Financial Officer

Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company/globenewswire

Tractor Supply Company to present at the Baird 2017 Global Consumer, Technology and Services Conference

BRENTWOOD, Tenn., 2017-Jun-02 — /EPR Retail News/ — Tractor Supply Company (Nasdaq:TSCO), the largest rural lifestyle retail store chain in the United States, today (June 01, 2017) announced its participation in the Baird 2017 Global Consumer, Technology and Services Conference on June 8, 2017. Greg Sandfort, Chief Executive Officer, Kurt Barton, Chief Financial Officer, and Christine Skold, Vice President, Investor Relations and Corporate Communications, will attend this conference.

The Company’s 30-minute presentation will begin at 11:25a.m. Eastern Time on June 8, 2017. A live webcast of the presentation will be available on the Company’s website at IR.TractorSupply.com, and an archive of the webcast will be accessible for 90 days.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At April 1, 2017, the Company operated 1,617 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses.  Stores are located primarily in towns outlying major metropolitan markets and in rural communities.  The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At April 1, 2017, the Company operated 152 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

Contact:
Kurt Barton: Chief Financial Officer
Christine Skold: Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:  John Rouleau/Rachel Schacter
Media:  Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company/globenewswire

Tractor Supply Company Encouraged By Significant Spring Business After Release of First Quarter Fiscal 2017 Results

Sales Increased 6.6% to $1.56 Billion; Comparable Store Sales Decreased 2.2%; Earnings per Share Decreased 8.0% to $0.46

BRENTWOOD, TN, 2017-Apr-29 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (04/26/17 ) announced financial results for its first quarter ended April 1, 2017.

First Quarter Results

As previously reported in the Company’s Business Update press release on April 11, 2017, net sales for the first quarter 2017 increased 6.6% to $1.56 billion from $1.47 billion in the first quarter of 2016. Comparable store sales decreased 2.2% compared to an increase of 4.9% (2.6% adjusted for the week shift) in the prior year’s first quarter. Each quarter of fiscal 2017 starts one week later than the same quarter of fiscal 2016 due to the Company’s 2016 fiscal year having 53 weeks versus the normal 52 weeks. The comparable store sales results included decreases in comparable transaction count and average ticket of 1.4% and 0.9%, respectively. The decrease in comparable store sales was primarily driven by lower sales of seasonal merchandise and the impact of deflation. On a regional basis, sales were most challenged in the Northern regions, where weather had a more pronounced impact on sales for the quarter. The weakness in seasonal categories was partially offset by a positive comparable store sales increase in the Livestock and Pet category.

Gross profit increased 4.8% to $518.2 million from $494.4 million in the prior year’s first quarter, and gross margin decreased 60 basis points to 33.1% from 33.7% in the prior year’s first quarter. The decrease in gross margin was primarily driven by higher markdowns on cold weather merchandise, targeted promotional activity, and a higher freight expense for consumable, usable and edible (C.U.E.) products.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 9.2% to $421.8 million from $386.2 million in the prior year period. As a percent of net sales, SG&A expenses increased 70 basis points to 27.0% from 26.3% in the first quarter of 2016. The increase in the SG&A ratio was primarily attributable to the deleveraging of store personnel and occupancy expenses from the decline in comparable store sales.

Net income decreased 10.9% to $60.3 million from $67.7 million and diluted earnings per share decreased 8.0% to $0.46 from $0.50 in the first quarter of the prior year.

The Company opened 24 new Tractor Supply stores and converted its two Hometown Pet stores to Petsense stores in the first quarter of 2017 compared to 36 new store openings and three store closures, all of which were Del’s stores, in the prior year period. The Company also opened nine new Petsense stores (including the conversion of the Hometown Pet stores) during the quarter and had no store closures.

Greg Sandfort, Chief Executive Officer, stated, “Due to the challenging weather conditions, we were unable to offset the strong seasonal performance from last year’s first quarter. As the weather has normalized over the past few weeks, we are encouraged with how the customer has responded and believe there is significant spring business ahead of us. Looking ahead, we know the retail landscape is changing very quickly, and we know our customers’ expectations are changing as well. With this in mind, we continue to execute against the strategic initiatives that we believe will drive sales and customer service as well as maintain our competitive positioning.”

Fiscal 2017 Outlook

Given the seasonality of the business and the impact weather can have on the timing of sales between quarters, the business is more accurately assessed by the halves and not the quarters. As a result, the Company has not updated guidance for the results of operations expected for fiscal 2017.

Conference Call Information

Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company

Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At April 1, 2017, the Company operated 1,617 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At April 1, 2017, the Company operated 152 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Forward Looking Statements

As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including without limitation, statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, national, regional and local economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on the business, competition, weather conditions, the seasonal nature of the business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of the Company’s information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates at the time the statements are made, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Kurt D. Barton
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors: John Rouleau/Rachel Schacter, ICR
Media: Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces the promotion of Kurt D. Barton to SVP, Chief Financial Officer and Treasurer

Bob Volke Promoted to Vice President, Controller

BRENTWOOD, TN, 2017-Mar-07 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (03/06/17) announced that Kurt D. Barton has been promoted to Senior Vice President, Chief Financial Officer and Treasurer in line with the Company’s management transition plan announced last July. Mr. Barton succeeds Anthony F. Crudele who retired after serving as the Company’s Chief Financial Officer for the past 11 years. As part of the planned succession, Mr. Crudele and Mr. Barton have worked together over the last seven months to ensure a smooth transition of all responsibilities.

Mr. Barton first joined Tractor Supply in 1999 and was promoted to Senior Vice President, Controller earlier this year. He had served as the Company’s Vice President, Controller since 2009. Mr. Barton also served as Director, Internal Audit from 2002 to 2009 and held other leadership roles in accounting during his tenure with the Company. Mr. Barton has had direct responsibility for the Company’s accounting, financial reporting, tax, purchasing, master data management, accounts payable and inventory control functions and has been an integral part of the Company’s corporate finance and strategy team. Mr. Barton, a Certified Public Accountant, began his career in public accounting in 1993, spending six years at Ernst & Young, LLP.

Bob Volke has been promoted to the position of Vice President, Controller, effective immediately. Mr. Volke joined Tractor Supply in April 2007 and has served as the Company’s Vice President, Accounting since February 2014. Mr. Volke’s expanded responsibilities include the Company’s general accounting and financial reporting, as well as operations accounting and non-merchandise purchasing functions. Mr. Volke served as Director of Accounting from 2009 to 2014, and has worked directly for Mr. Barton over the last eight years. A Certified Public Accountant, Mr. Volke has more than 30 years of accounting experience in the manufacturing, financial services and publishing industries.

Greg Sandfort, Chief Executive Officer, stated, “On behalf of Tractor Supply, I would like to thank Tony for his many contributions to the Company over the last 11 years. We wish Tony the very best in his retirement and are excited to have Kurt Barton take the helm as Tony’s planned successor. Kurt has been with Tractor Supply for 18 years and is a talented financial leader with a deep understanding of the business and track record of success. I congratulate Kurt on his promotion and look forward to continuing our work together.”

Sandfort continued, “I would also like to congratulate Bob on his well-deserved promotion to Vice President, Controller. Bob has worked alongside Kurt for several years and has been an important part of our finance team, with a passion for our business and dedication to our continued growth. I am both confident and excited about the team we have in place to continue to move our business forward.”

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.us.

Contact:

Christine Skold
Vice President
Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter, ICR

Media:
Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to present at an investment community meeting on Tuesday, February 21, 2017

BRENTWOOD, TN, 2017-Feb-08 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (02/07/17) announced that the Company’s management team will deliver a 90-minute presentation at an investment community meeting on Tuesday, February 21, 2017 at 12:00 p.m. Eastern Time (11:00 a.m. Central Time) in Nashville, Tennessee.

The presentation will be simultaneously webcast at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company

Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors: John Rouleau/Rachel Schacter
Media: Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces financial results for its fourth quarter and fiscal year 2016

Fourth Quarter Comparable Store Sales Increased 3.1%; Fourth Quarter Earnings per Share Increased 14.6% to $0.94; Full Year Earnings per Share Increased 9.0% to $3.27

BRENTWOOD, TN, 2017-Feb-03 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (02/01/17) announced financial results for its fourth quarter and fiscal year ended December 31, 2016. Additionally, the Company provided its initial outlook for fiscal 2017.

Fourth Quarter Results
Net sales for the fourth quarter 2016 increased 16.4% to $1.92 billion from $1.65 billion in the fourth quarter of 2015. The fourth quarter included an extra sales week as part of the Company’s 53-week calendar in 2016, which represented 6.2 percentage points of the overall 16.4% sales increase. Comparable store sales increased 3.1% versus a decrease of 1.4% in the prior year’s fourth quarter. The 3.1% increase includes an estimated 60 basis point benefit from one additional comparable sales day in the fourth quarter of 2016 versus the prior year. Comparable store transaction count increased 4.0% and average ticket decreased 0.9%. This represents the 35th consecutive quarter of comparable transaction count growth. Comparable store sales were driven by strong performance in everyday basic items across a number of consumable, usable and edible (C.U.E.) and hardline related areas such as livestock and pet, bird and wildlife, trailers and accessories, hand tools and livestock equipment.

Gross profit increased 15.2% to $646.3 million from $561.0 million and gross margin rate decreased to 33.7% from 34.1% in the prior year’s fourth quarter. The decline in gross margin was primarily driven by a higher mix of C.U.E. products, which generally carry below chain average gross margin, and a slightly higher level of promotional activity. Freight expense did not have a significant impact on the quarter.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 16.5% to $451.6 million from $387.7 million in the prior year period. As a percent of net sales, SG&A expenses remained flat at 23.6% compared to the fourth quarter of 2015. SG&A expenses as a percent of net sales benefited from leverage of occupancy costs resulting from the 53rd week of sales and the 3.1% increase in comparable store sales. These benefits were primarily offset by higher store personnel and advertising costs, related primarily to sales driving initiatives, as well as the incremental acquisition and operating expenses associated with the Petsense acquisition.

Net income increased 10.6% to $123.6 million from $111.7 million, and diluted earnings per share increased 14.6% to $0.94 from $0.82 in the fourth quarter of the prior year. The Company estimates that the 53rd week in 2016 represented a benefit of approximately $0.055 per diluted share.

The Company opened 21 new stores and closed one Del’s store in the fourth quarter of 2016 compared to 26 new store openings and three store closures, two of which were Del’s stores, in the prior year period. Additionally in the fourth quarter of 2016, the Company acquired Petsense LLC. At the end of the fourth quarter, there were 143 Petsense stores, which included eight store openings and one store closure during the quarter.

Greg Sandfort, Chief Executive Officer, stated, “While it was obviously a challenging retail environment, our Tractor Supply team managed the business well and drove strong comparable store sales and earnings per share growth. Throughout the quarter, the team worked hard to take advantage of weather trends, localize assortments, manage inventory and shorten the supply chain. Our focus was on driving sales in key categories and keeping our inventory current in others. On a market-by-market basis, we aligned our business from all sides — merchandise, pricing, promotion and inventory. We did this by communicating regularly with our field managers and customers, analyzing sales and product data, and regularly reviewing pricing and promotional strategies. While we never have all the answers, we believe we were successful at driving growth in the fourth quarter through careful planning and execution of our business.”

Fiscal 2016 Results
Net sales increased 8.9% to $6.78 billion from $6.23 billion in fiscal 2015. Comparable store sales increased 1.6% versus a 3.1% increase in fiscal 2015. Gross profit increased 8.5% to $2.33 billion from $2.14 billion, and gross margin decreased to 34.3% from 34.4% in fiscal 2015.

SG&A expenses, including depreciation and amortization, increased 9.3% to $1.63 billion, and as a percent of sales, SG&A expenses increased to 24.1% compared to 24.0% in fiscal 2015.

Net income increased 6.5% to $437.1 million from $410.4 million, and diluted earnings per share increased 9.0% to $3.27 from $3.00 in fiscal 2015.

The Company opened 113 new stores and closed six stores, all of which were Del’s stores, in fiscal 2016 compared to 114 new store openings and eight store closures, five of which were Del’s stores, during fiscal 2015. The Company also acquired Petsense LLC, which operated 143 stores at the end of fiscal 2016.

Fiscal 2017 Outlook
The Company is providing the following initial guidance for the results of operations expected for fiscal 2017:

Net Sales $7.22 billion – $7.29 billion
Comparable Store Sales 2.0% – 3.0%
Net Income $445 million – $457 million
Earnings per Diluted Share $3.44 – $3.52
Capital Expenditures $270 million – $290 million

Anticipated capital expenditures include spending to support approximately 100 new Tractor Supply and 25 to 30 new Petsense store openings.

Conference Call Information
Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
Founded in 1938, Tractor Supply Company is the largest rural lifestyle retail store chain in the United States. At December 31, 2016, the Company operated 1,595 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com. Tractor Supply stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services. At December 31, 2016, the Company operated 143 Petsense stores in 26 states. For more information on Petsense, visit www.petsense.com.

Forward Looking Statements
As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives and new store and distribution center openings and expenses in future periods. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, national, regional and local economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on the business, competition, weather conditions, the seasonal nature of the business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of the Company’s information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors: John Rouleau/Rachel Schacter, ICR
Media: Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces the opening of its 1,600th store located in Brentwood, CA

Milestone Highlights the Company’s Continued Execution of Long-Term Growth Strategy

BRENTWOOD, TN, 2017-Jan-27 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (1/26/2017) announced the opening of its 1,600th store in Brentwood, CA. The new store is located at 8800 Brentwood Boulevard and will hold its grand opening on Saturday, February 4th beginning at 8:00 a.m.

“We are extremely proud to be opening our 1,600th store in Brentwood, CA and to have reached another significant milestone, as we continue to deliver on our long-term growth strategy and strategic expansion across the country, including the Western region,” said Greg Sandfort, Chief Executive Officer of Tractor Supply Company. “We have seen strong regional performance in the west and look forward to building long-lasting relationships with new customers, as we continue to expand our store base and bring Tractor Supply closer to more customers who live the rural lifestyle.”

In celebration of the Company’s 1,600th store opening, the Brentwood, CA Tractor Supply store will be hosting several grand opening events. Celebrations include participation from a variety of community groups including local 4-H and FFA chapters, produce farmers and community garden organizations, pet and animal rescues and more. Each group will have its own dedicated booth and will provide activities ranging from interactive Q&A’s, local produce tastings, and animal exhibits. An authentic chuckwagon will also be on hand preparing food and beverages for event attendees to enjoy.

Tractor Supply was founded 79 years ago and has become the leading retailer serving the rural lifestyle. The Company has 24,000 team members and retail stores in every state, with the exception of Alaska. Tractor Supply opened a total of 113 new stores in 2016 and expects to continue its strategic expansion plans with mid-single digit store growth in 2017.

“We continue to be encouraged by the strong comparable sales we have seen from new store openings, which gives us great confidence as we continue to grow our footprint, enhance our merchandise product offering, and meet the evolving needs of our customers,” added Sandfort. “We are thrilled to open the doors of our Brentwood, CA store and look forward to serving this great community, as we get one step closer to our goal of opening 2,500 domestic Tractor Supply locations.”

For more information on Tractor Supply Company, or to shop their products online, please visit www.tractorsupply.com.

About Tractor Supply Company
At December 31, 2016, Tractor Supply Company operated 1,595 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward-Looking Statements

Certain statements contained in this press release are not historical facts and are forward looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements may be identified by words such as “believes”, “expects”, “future” or other comparable terminology. Such statements include, but are not limited to, statements about expected growth, including the Company’s plans with respect to new store growth and the timing thereof, and sales. Because such forward looking statements contain risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the ability to manage and identify suitable locations and the ability to open new stores in the manner and number currently contemplated as well as our failure to achieve expected sales and operating results from new stores. All of the forward looking statements are also qualified by the cautionary statements contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:
Anthony F. Crudele, Chief Financial Officer
Christine Skold, Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to release its 4Q and full year 2016 results on February 1, 2017

BRENTWOOD, TN, 2017-Jan-26 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, intends to release its fourth quarter and full year 2016 results after the market closes on Wednesday, February 1, 2017. In conjunction with this release, the management of Tractor Supply Company will host a conference call at 5:00 p.m. Eastern Time on Wednesday, February 1, 2017, which will be simultaneously webcast live over the Internet at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At September 24, 2016, Tractor Supply Company operated 1,575 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contact:

Anthony F. Crudele, Chief Financial Officer
Christine Skold, Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces its participation in the Morgan Stanley Global Consumer and Retail Conference on November 16, 2016

BRENTWOOD, TN, 2016-Nov-10 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (11/09/16) announced its participation in the Morgan Stanley Global Consumer and Retail Conference on November 16, 2016. Greg Sandfort, Chief Executive Officer; Kurt Barton, Senior Vice President, Controller; and Christine Skold, Vice President, Investor Relations and Corporate Communications, will attend this conference.

The Company’s 30-minute presentation will begin at 10:00 a.m. Eastern Time, on November 16, 2016. A webcast will be available on the Company’s website at IR.TractorSupply.com, and an archive of the webcast will be accessible for 30 days.

About Tractor Supply Company
At September 24, 2016, Tractor Supply Company operated 1,575 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contact:

Anthony F. Crudele
Chief Financial Officer

Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors Contact:
John Rouleau/Rachel Schacter
ICR

Media Contact:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces the appointment of Ram Krishnan to its Board of Directors

BRENTWOOD, TN, 2016-Nov-05 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (11/03/16 ) announced that Ram Krishnan has been appointed to the Company’s Board of Directors.

Mr. Krishnan is a recognized Fortune 500 executive with over 20 years of global marketing experience. His expertise in mobile, e-commerce, social and experiential marketing has led to the successful expansion of brands such as Frito-Lay, PepsiCo and General Motors. Mr. Krishnan currently serves as the Senior Vice President and Chief Customer Officer of Global Sales for PepsiCo.

Cynthia Jamison, Tractor Supply Company’s Chairman of the Board, stated, “Ram is a proven and innovative marketing veteran with an impressive track record of leadership success, and we are delighted that he will be joining the Tractor Supply Board of Directors. We are confident that Ram’s global marketing experience and business background will be valuable assets to the Tractor Supply team as we continue to focus on our long-term strategy.”

Mr. Krishnan commented, “Joining Tractor Supply’s Board is an exciting opportunity, as the Company continues to expand its highly-regarded brand, customer base, and impactful consumer connections. I look forward to serving Tractor Supply and contributing to the Company’s continued growth and success as the most dependable supplier of every-day products for the rural lifestyle.”

Prior to serving as Senior Vice President and Chief Customer Officer of Global Sales for PepsiCo, Mr. Krishnan served as Senior Vice President and Chief Marketing Officer of Frito-Lay, having previously held several management and leadership positions with Frito-Lay between 2006 and 2016. Prior to 2006, Mr. Krishnan served in management and consulting positions for General Motors.

About Tractor Supply Company

At September 24, 2016, Tractor Supply Company operated 1,575 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contact Information:

Anthony F. Crudele, Chief Financial Officer
Christine Skold, Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors Contact:
John Rouleau/Rachel Schacter
ICR

Media Contact:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company declares quarterly cash dividend of $0.24 per share of its common stock

BRENTWOOD, TN, 2016-Nov-02 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (11/01/16) announced that its Board of Directors declared a quarterly cash dividend of $0.24 per share of the Company’s common stock. The dividend will be paid on November 29, 2016, to stockholders of record as of the close of business on November 14, 2016.

The Board also authorized a $1 billion increase to its existing share repurchase program, bringing the total amount authorized to date under the program to $3 billion. The program, established in February 2007, has also been extended through December 31, 2020. As of September 24, 2016, the Company had repurchased 48.4 million shares of common stock (adjusted to reflect the effect of stock splits) for approximately $1.6 billion. While the repurchase plan does not obligate the Company to repurchase any shares, the remaining $1.4 billion under the expanded share repurchase program represents approximately 16% of the Company’s outstanding shares at current prices.

Greg Sandfort, Chief Executive Officer, stated, “We are committed to driving long-term shareholder value through a balanced, strategic approach by managing growth, cash flow and capital allocation. We believe the Board’s decision to increase the share repurchase authorization underscores their confidence in the Company’s long-term growth, financial return and strong business model.”

Anthony Crudele, Chief Financial Officer, commented, “The business continues to produce significant cash flow, providing us with substantial financial liquidity and a strong balance sheet. We have the financial capacity to continue to make investments in technology, supply chain and our stores to enhance operational efficiencies. As a result of our strong cash flow and our disciplined approach to capital allocation, we also have the opportunity to continue returning excess cash to our shareholders in a balanced manner through dividends and share repurchase.”

The share repurchases may be made from time to time in the open market or through privately negotiated transactions at management’s discretion, depending on market conditions and other factors, in accordance with Securities and Exchange Commission and other applicable legal requirements. The authorization for the share repurchase program may be terminated, increased or decreased by the Company’s Board of Directors at any time.

About Tractor Supply Company

At September 24, 2016, Tractor Supply Company operated 1,575 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward Looking Statements

As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding the Company’s plans relating to share repurchases and dividends, plans to return capital to shareholders, the Company’s business model, growth and results of operations and anticipated investments in the business. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, national, regional and local economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on the business, competition, weather conditions, the seasonal nature of the business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of the Company’s information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000
www.TractorSupply.com

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to release its third quarter 2016 results on Wednesday, October 19, 2016

BRENTWOOD, TN, 2016-Oct-14 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, intends to release its third quarter 2016 results after the market closes on Wednesday, October 19, 2016. In conjunction with this release, the management of Tractor Supply Company will host a conference call at 5:00 p.m. Eastern Time on Wednesday, October 19, 2016, which will be simultaneously webcast live over the Internet at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At September 24, 2016, Tractor Supply Company operated 1,575 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use. For more information, visit www.tractorsupply.com.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company acquires leading specialty retailer of pet supplies and services Petsense, LLC

BRENTWOOD, TN, 2016-Oct-03 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (09/29/16 ) announced that it has acquired 100% of Petsense, LLC, a leading specialty retailer of pet supplies and services with 136 stores in 25 states. The transaction price was approximately $116 million, net of acquired estimated future tax benefits of $29 million. The acquisition was a cash transaction financed with cash-on-hand and revolver debt. The transaction, including transaction and integration costs, is not expected to be material to Tractor Supply’s net earnings per diluted share for fiscal 2016.

Petsense will operate as a subsidiary of Tractor Supply Company from Petsense’s current headquarters in Scottsdale, Arizona and will continue to be led by members of Petsense’s senior management team. Tractor Supply plans to continue to grow the Petsense store base at a target rate of 15% to 20% annually and will convert its two existing HomeTown Pet stores to Petsense stores.

Greg Sandfort, Tractor Supply Company’s Chief Executive Officer, stated, “We are excited about the addition of Petsense to the Tractor Supply family as we develop our pet specialty retail business. The pet industry represents a $60 billion market driven by favorable pet ownership trends and the continued humanization of pets by their owners. We believe the pet specialty industry is an attractive expansion opportunity and, with 136 stores across 25 states, we think Petsense is an excellent complement to our Tractor Supply retail operations.”

Mr. Sandfort continued, “With Tractor Supply’s success in the pet category and the knowledge gained from our HomeTown Pet stores, we determined that the acquisition of an established, successful concept with a proven track record of growth would be the best way to capitalize on the opportunities in the pet market. We believe the Petsense team’s expertise in growing smaller format pet specialty stores combined with our proven expertise in the category as well as site selection and store growth, will enable us to accelerate the growth of our pet specialty retail business and enhance long-term shareholder value.”

Bob Angstead, President and Chief Executive Officer of Petsense stated, “As we looked at the future for Petsense, we recognized Tractor Supply Company as a natural fit to continue our growth. The Tractor Supply team has a strong culture, and we share many of the same values, as well as an appreciation of the opportunities presented by smaller towns and communities. Additionally, the Tractor Supply team has the experience and resources to help expand Petsense to the many untapped markets across the country.”

Peter J. Solomon Company acted as exclusive financial advisor and Bass, Berry & Sims PLC acted as legal advisor to Tractor Supply Company. William Blair & Company acted as exclusive financial advisor and Jenner & Block acted as legal advisor to Petsense.

Conference Call to Discuss Acquisition
Tractor Supply Company will host a conference call on September 29, 2016, at 5:00 p.m. Eastern Time to discuss the transaction, which will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At September 24, 2016, Tractor Supply Company operated 1,575 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use. For more information, visit www.tractorsupply.com.

About Petsense
Founded in 2005 in Scottsdale, Arizona, Petsense is a small-box pet specialty supply retailer with 136 stores in primarily small and mid-size communities across 25 states. Petsense stores are focused on meeting the needs of pet owners and offer a variety of pet products and services. For more information, visit www.petsense.us.

Forward Looking Statements
As with any business, all phases of the Company’s operations are subject to influences outside its control. This release contains certain forward-looking statements, including statements regarding the attractiveness and potential profitability of the pet specialty industry, plans to grow the Petsense business, and expected store openings and conversions. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, the failure of an acquisition to produce anticipated results, the ability to open new stores in the manner and number currently contemplated, the ability to successfully integrate the acquired business and the potential effects caused by the diversion of management’s time and attention from other business issues and opportunities, general economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, the ability to successfully manage expenses and execute our key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the impact of new stores on our business, competition, weather conditions, the seasonal nature of our business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of customer data, ongoing and potential future legal or regulatory proceedings, management of our information systems, failure to secure or develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company, including the ability to realize anticipated tax benefits in connection with the acquisition will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000
www.TractorSupply.com

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to participate in Goldman Sachs 23rd Annual Global Retailing Conference on September 8, 2016

BRENTWOOD, TN, 2016-Sep-05 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today (09/01/16) announced its participation in the Goldman Sachs 23rd Annual Global Retailing Conference on September 8, 2016. Steve Barbarick, President and Chief Merchandising Officer; Anthony Crudele, Executive Vice President and Chief Financial Officer; and Christine Skold, Vice President, Investor Relations and Corporate Communications, will attend this conference.

The Company will engage in a 40-minute fireside chat, starting at 8:05 a.m. Eastern Time, on September 8, 2016. A webcast will be available on the Company’s website at www.TractorSupply.com, and an archive of the webcast will be accessible for 30 days.

About Tractor Supply Company

At June 25, 2016, Tractor Supply Company operated 1,542 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contacts:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter, ICR

Media:
Alecia Pulman/Brittany Rae Fraser, ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company declares quarterly cash dividend of $0.24 per share

BRENTWOOD, TN, 2016-Aug-06 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced that its Board of Directors declared a quarterly cash dividend of $0.24 per share of the Company’s common stock.

The dividend will be paid on August 30, 2016, to stockholders of record as of the close of business on August 15, 2016.

About Tractor Supply Company
At June 25, 2016, Tractor Supply Company operated 1,542 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contact:

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces financial results for its second quarter ended June 25, 2016

BRENTWOOD, TN, 2016-Jul-22 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced financial results for its second quarter ended June 25, 2016.

Second Quarter Results
As previously reported in the Company’s Business Update press release on June 29, 2016, net sales for the second quarter 2016 increased 4.5% to $1.85 billion from $1.77 billion in the second quarter of 2015. Comparable store sales decreased 0.5% versus a 5.6% increase in the prior year’s second quarter. Comparable average ticket decreased 1.9% and comparable store transaction counts increased 1.5%, representing the 33rd consecutive quarter of transaction count growth. In the quarter, comparable store sales were negatively impacted by a decline in sales of big ticket categories, such as riding lawn mowers, outdoor recreation, tillers and other power equipment, as well as soft sales in key spring items such as live goods, mower parts and attachments, and other lawn and garden categories. The Livestock and Pet category experienced continued strength and offset a portion of the comparable same store sales decline with a mid-single digit comparable store sales increase in each month of the quarter.

Gross profit increased 3.8% to $649.2 million from $625.3 million in the prior year’s second quarter and gross margin declined to 35.0% compared to 35.3% in the prior year period. Gross margin was negatively affected by a shift in the mix of products sold and higher freight expense from an increase in inbound miles and other transportation costs, which was partially offset by lower diesel fuel costs. These adverse factors more than offset the favorable impact of the Company’s ongoing margin initiatives.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 5.2% to $400.0 million from $380.2 million in the prior year period. As a percent of net sales, SG&A increased to 21.6% compared to 21.4% in the second quarter of 2015. The increase as a percentage of net sales was primarily attributable to the decline in comparable store sales and the incremental costs associated with the Company’s new distribution facilities. These increases were partially offset by strong expense control and lower year-over-year incentive compensation expense as a percentage of net sales.

Net income increased 2.0% to $156.4 million from $153.3 million and diluted earnings per share increased 3.6% to $1.16 from $1.12 in the second quarter of the prior year.

The Company opened 22 new stores and closed one store, a Del’s store, in the second quarter of 2016 compared to 17 new store openings and one store closure in the prior year period.

Greg Sandfort, Chief Executive Officer, stated, “While it’s our job to manage the business through changes in weather and other external factors, the extreme weather patterns in the first two months of the quarter simply proved to be too much to overcome in the more seasonal segments of our business. We also do not anticipate that a significant shift in sales will come into the third quarter. As such, we have become a bit more cautious in our outlook for the remainder of the year, although last year’s comparable sales comparisons are more favorable in the second half.”

Mr. Sandfort continued, “Tractor Supply will continue to invest in our business to drive sales, shorten our supply chain timeline and increase our overall productivity and profitability as a company. We are continuing our test and learn process on the merchandise side, along with implementing an improved allocation system, expanding our new customer loyalty program pilot, growing our store mobile point of sale test and conducting a comprehensive distribution center network analysis. We are pleased with the progress we are making on all of these initiatives. We continue to manage the business with the future in mind and believe continuous improvement in our product and service offerings, in addition to improving systems and efficiencies, will keep Tractor Supply well positioned for growth.”

First Six Months Results
Net sales increased 7.0% to $3.32 billion from $3.10 billion in the first six months of 2015. Comparable store sales increased 1.9% versus a 5.7% increase in the first six months of 2015. Gross profit increased 6.9% to $1.14 billion from $1.07 billion and gross margin decreased to 34.4% from 34.5% in the first six months of 2015.

Selling, general and administrative expenses, including depreciation and amortization, increased 7.4% to $786.2 million, and increased as a percent of sales to 23.7% compared to 23.6% for the first six months of 2015.

Net income increased 6.0% to $224.1 million from $211.4 million and net income per diluted share increased 7.8% to $1.66 from $1.54 for the first six months of 2015.

The Company opened 58 new stores and closed four stores, all of which were Del’s stores, in the first six months of 2016 compared to 58 new store openings and two store closures during the first six months of 2015.

Fiscal 2016 Outlook
As previously stated in the Company’s Business Update press release dated June 29, 2016, the Company has updated its guidance for the expected results of operations in fiscal 2016. A summary of the fiscal 2016 outlook is as follows:

Net Sales $6.8 billion – $6.9 billion
Comparable Store Sales 2.5% – 3.5%
Net Income $451 million – $456 million
Earnings per Diluted Share $3.35 – $3.40
Capital Expenditures $230 million – $250 million

Included in this forecast are additional expenses related to the first year of operations for the new Casa Grande, Arizona distribution center. The forecast also considers the impact of the additional 53rd week in fiscal 2016. Anticipated capital expenditures include spending to support 115 – 120 new store openings.

Planned Management Succession
The Company also announced today that Anthony F. Crudele has notified the Company that he plans to retire from his position as Executive Vice President, Chief Financial Officer (CFO) and Treasurer during the first quarter of fiscal 2017 after completing his year-end reporting responsibilities. Kurt D. Barton, the Company’s Senior Vice President and Corporate Controller, will succeed Mr. Crudele as Senior Vice President, Chief Financial Officer and Treasurer. As part of the planned succession, Mr. Crudele and Mr. Barton will work together over the next seven months to ensure a smooth transition of duties.

Mr. Barton joined the Company in August 1999 and has served as the Company’s Corporate Controller since 2009. Mr. Barton has direct responsibility for the Company’s accounting, financial reporting, tax, purchasing, master data management, accounts payable and inventory control functions and is an integral part of the Company’s corporate finance and strategy team. Mr. Barton was promoted to Senior Vice President earlier this year. Mr. Barton also served as Director, Internal Audit from 2002 to 2009 and held other leadership roles in accounting during his tenure with the Company. Mr. Barton, a Certified Public Accountant, began his career in public accounting in 1993, spending six years at Ernst & Young, LLP.

Greg Sandfort, Chief Executive Officer, stated, “All of us at Tractor Supply would like to congratulate Tony on his planned retirement and thank him for his many contributions to the Company. Tony has played an integral role in the Company’s growth and success over the last 11 years. His accomplishments include improving the Company’s forecasting and use of data to drive decisions, developing a more disciplined capital allocation program, leading our continuous improvement process (Tractor Value System) and enhancing the strategic planning process as well as building an effective working relationship with the investment community.”

Mr. Sandfort added: “During his tenure, Tony developed a strong finance and accounting team, and we are fortunate to be in a position to promote Kurt Barton to succeed Tony as CFO. Kurt has been with Tractor Supply for 17 years and served as the Company’s Corporate Controller since 2009. Kurt is a talented financial leader with a track record of creating value. Kurt’s energy and enthusiasm for the business is evident, and he has a deep understanding of the business and strong relationships across the organization. I congratulate Kurt on his upcoming promotion and look forward to working with him as we continue to drive the growth of the Company.”

Commenting on his planned retirement, Anthony Crudele stated, “It has been a privilege and honor to be part of the Tractor Supply family and leadership team over the past 11 years. I am proud of the culture we have continued to build and the opportunity to have contributed to the Company’s success. Tractor Supply is a unique company with a deep rooted culture of Mission and Values and a great team of people who care about the business and each other. Having worked closely with Kurt and the finance team, I have the utmost confidence that he and the team will continue to move the business forward and I know I am leaving the organization in good hands.”

Conference Call Information
Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly and full year results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At June 25, 2016, Tractor Supply Company operated 1,542 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward Looking Statements
As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives and new store and distribution center openings and expenses in future periods. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations.

These factors include, without limitation, general economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute our key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on our business, competition, weather conditions, the seasonal nature of our business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of our information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates.

Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contact:

Anthony F. Crudele
Chief Financial Officer

Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces the promotion of Steve Barbarick to President and Chief Merchandising Officer

BRENTWOOD, TN , 2016-May-05 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced that Steve Barbarick has been promoted to President and Chief Merchandising Officer, effective immediately.

Mr. Barbarick will continue to lead the merchandising, marketing, inventory management, omni-channel, distribution and logistics teams. He will continue to report to Chief Executive Officer Greg Sandfort.

“Steve has been an integral part of the Tractor Supply team for the past 18 years. He has been a driving force behind the continued evolution of the business and the development of key merchandise, sales, margin and marketing initiatives and has more recently begun providing his leadership in the areas of inventory management, omni-channel, distribution and logistics,” stated Greg Sandfort, Chief Executive Officer. Mr. Sandfort further stated, “Steve has a commitment to servant leadership and a deep understanding and passion for our business and customer base. I look forward to continuing to work closely with him as we execute our long term growth strategy in the years ahead.”

Mr. Barbarick joined Tractor Supply Company as a Buyer in 1998. He has held positions of increasing responsibility including Vice President and Divisional Merchandise Manager, Senior Vice President, Merchandising, Executive Vice President, Merchandising and Marketing and most recently, Executive Vice President, Chief Merchandising Officer since March 2015.

About Tractor Supply Company
At March 26, 2016, Tractor Supply Company operated 1,521 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contact:
Christine Skold
Vice President, Investor Relations and Corporate Communications
(614) 440-4000

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200
TSCO@icrinc.com

Source: Tractor Supply Company

Tractor Supply Company increases quarterly cash dividend to 20%; from $0.20 to $0.24 per share

BRENTWOOD, TN , 2016-May-05 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced that its Board of Directors increased the Company’s quarterly cash dividend 20% to $0.24 per share of the Company’s common stock, up from the previous $0.20 per share.

The dividend will be paid on June 1, 2016, to stockholders of record as of the close of business on May 16, 2016.

About Tractor Supply Company
At March 26, 2016, Tractor Supply Company operated 1,521 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Contact:
Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company Sales Increased 10.2% to $1.47 Billion in First Quarter

BRENTWOOD, TN, 2016-Apr-22 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced financial results for its first quarter ended March 26, 2016.

First Quarter Results
Net sales increased 10.2% to $1.47 billion from $1.33 billion in the prior year’s first quarter. Comparable store sales increased 4.9% compared to a 5.7% increase in the prior year period. The increase in comparable store sales was driven by an increase in both traffic and ticket, with comparable store transaction count increasing 4.2% and average ticket increasing 0.7%. Sales were broad-based, with all of our major product categories and geographic regions generating positive comparable store sales. Solid performance in consumable, usable and edible (C.U.E.) products, specifically pet and livestock consumables benefited sales. Seasonal products including lawn and garden, riding lawn mowers and fencing also performed very well, driven in part by early spring weather in the first quarter of 2016.

Gross profit increased 11.2% to $494.4 million from $444.6 million in the prior year’s first quarter, and gross margin improved to 33.7% compared to 33.4% in the prior year period. The increase in gross margin was driven primarily by improved merchandise margin, which was partially offset by increased transportation costs. The improvement in merchandise margin resulted principally from our key margin initiatives of price management, imports and exclusive brands as well as cost negotiations and vendor support programs.

Selling, general and administrative (SG&A) expenses, including depreciation and amortization, increased 9.8% to $386.2 million from $351.8 million in the prior year period. As a percent of net sales, SG&A decreased by 10 basis points to 26.3%. SG&A benefited from the strong comparable store sales increase and effective expense control and payroll management.

Net income increased 16.6% to $67.7 million from $58.0 million and diluted earnings per share increased 19.0% to $0.50 from $0.42 in the first quarter of the prior year.

The Company opened 36 new stores and closed three stores, all of which were Del’s stores, in the first quarter of 2016 compared to 41 new store openings and one store closure in the prior year period.

Greg Sandfort, President and Chief Executive Officer, stated, “We are pleased with our results and execution in the first quarter. Comparable store sales increased 4.9% and were balanced across product categories and regions. We know the seasons and weather can influence the timing of when our customers buy certain products, but we also know it is our job to manage the business accordingly. Once again, the team did an excellent job and we believe our first quarter results demonstrate the resiliency of our business model.”

Mr. Sandfort continued, “Although we are off to a solid start in the first quarter, we recognize the importance of the spring selling season to our first half performance. We believe we have the inventory, people and processes in place to continue to meet the needs of our customers and drive our business.”

Fiscal 2016 Outlook
The Company is reiterating the following guidance for the results of operations expected for fiscal 2016:

Net Sales $6.9 billion – $7.0 billion
Comparable Store Sales 3.5% – 5.0%
Net Income $455 million – $467 million
Earnings per Diluted Share $3.40 – $3.48
Capital   Expenditures $230 million – $250 million

Included in this forecast are additional expenses related to the first year of operations for the new Casa Grande, Arizona distribution center and the continued transition of the Company’s Del’s stores to Tractor Supply stores. The forecast also considers the impact of the additional 53rd week in fiscal 2016. Anticipated capital expenditures include spending to support 115 – 120 new store openings.

Conference Call Information
Tractor Supply Company will be hosting a conference call at 5:00 p.m. Eastern Time today to discuss the quarterly and full year results. The call will be broadcast simultaneously over the Internet on the Company’s website at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At March 26, 2016, Tractor Supply Company operated 1,521 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward Looking Statements
As with any business, all phases of the Company’s operations are subject to influences outside its control. This information contains certain forward-looking statements, including statements regarding sales and earnings growth, estimated results of operations, capital expenditures, marketing, merchandising and strategic initiatives and new store and distribution center openings in future periods. These forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. These factors include, without limitation, general economic conditions affecting consumer spending, the timing and acceptance of new products in the stores, the timing and mix of goods sold, purchase price volatility (including inflationary and deflationary pressures), the ability to increase sales at existing stores, the ability to manage growth and identify suitable locations, failure of an acquisition to produce anticipated results, the ability to successfully manage expenses and execute our key gross margin enhancing initiatives, the availability of favorable credit sources, capital market conditions in general, the ability to open new stores in the manner and number currently contemplated, the impact of new stores on our business, competition, weather conditions, the seasonal nature of our business, effective merchandising initiatives and marketing emphasis, the ability to retain vendors, reliance on foreign suppliers, the ability to attract, train and retain qualified employees, product liability and other claims, changes in federal, state or local regulations, potential judgments, fines, legal fees and other costs, breach of information systems or theft of employee or customer data, ongoing and potential future legal or regulatory proceedings, management of our information systems, failure to develop and implement new technologies, the failure of customer-facing technology systems, business disruption including from the implementation of supply chain technologies, effective tax rate changes and results of examination by taxing authorities, the ability to maintain an effective system of internal control over financial reporting, and changes in accounting standards, assumptions and estimates. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter
ICR
Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to release its first quarter 2016 results on Wednesday, April 20, 2016

BRENTWOOD, TN, 2016-Apr-14 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, intends to release its first quarter 2016 results after the market closes on Wednesday, April 20, 2016. In conjunction with this release, the management of Tractor Supply Company will host a conference call at 5:00 p.m. Eastern Time on Wednesday, April 20, 2016, which will be simultaneously webcast live over the Internet at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

A replay of the webcast will be available at IR.TractorSupply.com shortly after the conference call concludes.

About Tractor Supply Company
At December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Anthony F. Crudele
Chief Financial Officer
Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors: John Rouleau/Rachel Schacter
Media: Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company announces its participation in the UBS Global Consumer Conference on March 10, 2016

BRENTWOOD, TN, 2016-Mar-07 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced its participation in the UBS Global Consumer Conference on March 10, 2016. Greg Sandfort, President and Chief Executive Officer, and Christine Skold, Vice President, Investor Relations and Corporate Communications, will attend this conference.

The Company’s 40-minute presentation will begin at 9:00 a.m. Eastern Time on March 10, 2016. A live webcast of the presentation will be available on the Company’s website at IR.TractorSupply.com, and an archive of the webcast will be accessible for 30 days.

About Tractor Supply Company
At December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Anthony F. Crudele
Chief Financial Officer

Christine Skold
Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors:
John Rouleau/Rachel Schacter

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

5401 Virginia Way
Brentwood, Tennessee 37027
www.TractorSupply.com

Source: Tractor Supply Company

Tractor Supply Company management promotions: Benjamin F. Parrish, Jr. to EVP, General Counsel, Real Estate and Construction and Kurt D. Barton to SVP, Controller

BRENTWOOD, TN, 2016-Feb-18 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced two management promotions. Benjamin F. Parrish, Jr. has been promoted to Executive Vice President, General Counsel, Real Estate and Construction, and Kurt D. Barton has been promoted to Senior Vice President, Controller.

In conjunction with his promotion, Mr. Parrish will assume leadership responsibilities for the Company’s Real Estate and Construction department in addition to his previous responsibilities for Compliance, Legal, Loss Prevention, Risk Management, Safety, and Stewardship. Mr. Parrish joined Tractor Supply Company in 2010 as Senior Vice President-General Counsel and Corporate Secretary. Mr. Parrish will continue to report to Greg Sandfort, President and Chief Executive Officer.

Mr. Barton, who has held the position of Vice President, Controller since 2009, will continue to have responsibility for the Company’s Accounting, Tax, Purchasing and Master Data departments. Mr. Barton joined Tractor Supply Company in 1999 as Manager, Corporate Accounting and Financial Reporting, and served as Director, Internal Audit from 2002 until 2009. Mr. Barton will continue to report to Tony Crudele, Executive Vice President and Chief Financial Officer.

About Tractor Supply Company
At December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company

Tractor Supply Company to deliver presentation at an investment community meeting on February 23, 2016

BRENTWOOD, TN, 2016-Feb-17 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced that the Company’s management team will deliver a presentation at an investment community meeting on Tuesday, February 23, 2016 at 10:15 a.m. Eastern Time (9:15 a.m. Central Time) in Nashville, Tennessee.

The presentation will be simultaneously webcast at IR.TractorSupply.com.

Please allow extra time prior to the presentation to visit the site and download the streaming media software required to listen to the internet broadcast.

The webcast will be archived and available for one year.

About Tractor Supply Company
At December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Anthony F. Crudele, Chief Financial Officer
Christine Skold, Vice President, Investor Relations and Corporate Communications
(615) 440-4000

Investors: John Rouleau/Rachel Schacter
Media: Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

www.TractorSupply.com

Source: Tractor Supply Company

Tractor Supply Company continues with its expansion with the opening of its 1,500th store

Company Continues to Execute on Growth Strategy

BRENTWOOD, TN, 2016-Feb-12 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced the opening of its 1,500th store in Odessa, Texas. The new south Odessa store is located at 1511 West Interstate 20 and will hold its grand opening on Saturday, February 13th.

“The opening of our 1,500th store in south Odessa is another significant milestone in Tractor Supply’s history, as we continue to execute upon our growth strategy and our unwavering commitment to being the most dependable supplier of basic goods for the rural lifestyle customer across the country,” said Greg Sandfort, President and Chief Executive Officer.

To celebrate the 1,500th store opening, the south Odessa Tractor Supply store will be hosting several grand opening events. Celebrations include a ribbon cutting ceremony with the Odessa Chamber of Commerce, community raffles, local animal rescue adoptions and more. Special guests include the Texas Christians Junior Bull Riders Association, Miss Sandhill Rodeo Queen, Odessa Elite Girls Volleyball team and more.

Tractor Supply was founded 78 years ago and has become the leading retailer serving the rural lifestyle, with annual sales in excess of $6 billion. The Company operates stores in every state with the exception of Alaska and employs over 22,000 team members. Tractor Supply opened a total of 114 stores in 2015 and expects to open between 115 and 120 new stores in 2016.

“We are proud to build upon our expansion in the state of Texas, where our stores have a long history of strong performance,” Sandfort added. “We believe we have opportunity to continue our strategic growth across the country and serve more communities through our knowledgeable team members and the convenience that Tractor Supply stores offer.”

For more information on Tractor Supply Company, or to shop their products online, please visit www.tractorsupply.com.

About Tractor Supply Company
At December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.

Forward-Looking Statements

Certain statements contained in this press release are not historical facts and are forward looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements may be identified by words such as “believes”, “expects”, “future” or other comparable terminology. Such statements include, but are not limited to, statements about expected growth, including the Company’s plans with respect to investment in infrastructure. Because such forward looking statements contain risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the ability to manage and identify suitable locations and the ability to open new stores in the manner and number currently contemplated. All of the forward looking statements are also qualified by the cautionary statements contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200

Source: Tractor Supply Company