WASHINGTON (dpa-AFX) - Tractor Supply Company (TSCO) said, for fiscal 2024,
the company continues to expect: earnings per share in a range of $9.85 to
$10.50; and net sales in a range of $14.7 billion to $15.1 billion. The company
said capital plans for 2024 include opening approximately 80 new Tractor Supply
stores, continuing Project Fusion remodels and garden center transformations,
opening the company's 10th distribution center and opening 10 to 15 new Petsense
by Tractor Supply stores.

First quarter net income increased 8.2% to $198.2 million from $183.1 million,
last year. EPS increased 10.9% to $1.83 compared to $1.65. Analysts on average
had expected the company to earn $1.72 per share, according to figures compiled
by Thomson Reuters. Analysts' estimates typically exclude special items.

Net sales for the first quarter increased 2.9% to a record $3.39 billion. The
company said the increase in net sales was driven by new store openings and
growth in comparable store sales. Comparable store sales increased 1.1%, for the
quarter.

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