$TSCO
TRACTOR SUPPLY CO /DE/
CIK:0000916365|SEC Filings
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 27, 2026 |
Jun. 28, 2025 |
Jun. 27, 2026 |
Jun. 28, 2025 |
|
| Income Statement [Abstract] | ||||
| Net sales | $ 4,541,314 | $ 4,439,729 | $ 8,133,360 | $ 7,906,682 |
| Cost of merchandise sold | 2,858,705 | 2,799,755 | 5,149,566 | 5,011,285 |
| Gross profit | 1,682,609 | 1,639,974 | 2,983,794 | 2,895,397 |
| Selling, general and administrative expenses | 1,021,899 | 940,063 | 1,963,052 | 1,826,269 |
| Depreciation and amortization | 130,848 | 122,099 | 257,449 | 242,179 |
| Impairment expense | 62,747 | 0 | 62,747 | 0 |
| Operating income | 467,115 | 577,812 | 700,546 | 826,949 |
| Interest expense, net | 17,103 | 17,983 | 36,211 | 37,624 |
| Income before income taxes | 450,012 | 559,829 | 664,335 | 789,325 |
| Income tax expense | 89,297 | 129,786 | 139,096 | 179,913 |
| Net income | $ 360,715 | $ 430,043 | $ 525,239 | $ 609,412 |
| Net income per share – basic | $ 0.69 | $ 0.81 | $ 1.00 | $ 1.15 |
| Net income per share – diluted | $ 0.69 | $ 0.81 | $ 1.00 | $ 1.14 |
| Weighted average shares outstanding: | ||||
| Basic | 523,729 | 530,331 | 525,068 | 531,030 |
| Diluted | 524,615 | 532,205 | 526,416 | 533,152 |
| Dividends declared per common share outstanding | $ 0.24 | $ 0.23 | $ 0.48 | $ 0.46 |
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands |
Jun. 27, 2026 |
Dec. 27, 2025 |
Jun. 28, 2025 |
|---|---|---|---|
| Current assets: | |||
| Cash and cash equivalents | $ 231,588 | $ 194,109 | $ 225,810 |
| Inventories | 3,518,451 | 3,084,086 | 3,090,306 |
| Prepaid expenses and other current assets | 298,482 | 202,557 | 227,649 |
| Income taxes receivable | 205,995 | 27,045 | 0 |
| Total current assets | 4,254,516 | 3,507,797 | 3,543,765 |
| Property and equipment, net | 3,223,898 | 3,026,544 | 2,884,660 |
| Operating lease right-of-use assets | 4,110,840 | 3,938,427 | 3,655,729 |
| Goodwill and other intangible assets | 506,249 | 398,755 | 399,622 |
| Other assets | 66,318 | 62,156 | 75,019 |
| Total assets | 12,161,821 | 10,933,679 | 10,558,795 |
| Current liabilities: | |||
| Accounts payable | 1,760,347 | 1,390,833 | 1,519,094 |
| Accrued employee compensation | 74,935 | 114,841 | 72,305 |
| Other accrued expenses | 878,948 | 653,482 | 614,221 |
| Current portion of finance lease liabilities | 10,315 | 5,426 | 3,437 |
| Current portion of operating lease liabilities | 463,556 | 449,867 | 410,249 |
| Income taxes payable | 1,648 | 0 | 143,346 |
| Total current liabilities | 3,189,749 | 2,614,449 | 2,762,652 |
| Long-term debt | 2,153,826 | 1,764,974 | 1,673,472 |
| Finance lease liabilities, less current portion | 42,933 | 30,722 | 26,318 |
| Operating lease liabilities, less current portion | 3,874,348 | 3,691,880 | 3,443,879 |
| Deferred Income Tax Liabilities, Net | 100,109 | 95,042 | 19,841 |
| Other long-term liabilities | 169,291 | 155,319 | 142,324 |
| Total liabilities | 9,530,256 | 8,352,386 | 8,068,486 |
| Stockholders’ equity: | |||
| Common stock | 7,136 | 7,128 | 7,124 |
| Additional paid-in capital | 1,473,959 | 1,441,269 | 1,399,333 |
| Treasury stock | (6,641,872) | (6,386,229) | (6,191,887) |
| Accumulated other comprehensive income | 0 | 0 | 0 |
| Retained earnings | 7,792,342 | 7,519,125 | 7,275,739 |
| Total stockholders’ equity | 2,631,565 | 2,581,293 | 2,490,309 |
| Total liabilities and stockholders’ equity | $ 12,161,821 | $ 10,933,679 | $ 10,558,795 |