Added to YB: 2025-08-06
Pitch date: 2025-08-03
TSCO [neutral]
Tractor Supply Company
-7.41%
current return
Author Info
M Squared Capital is a former sell-side analyst in the Retail/Consumer industry sharing analysis on retail/consumer stocks. Sign up for the newsletter.
Company Info
Tractor Supply Company operates as a rural lifestyle retailer in the United States. The company offers various merchandise, including livestock and equine feed and equipment, poultry, fencing, and sprayers and chemicals; companion animal products, such as food, treats, and equipment for dogs, cats, and other small animals, as well as dog wellness products; seasonal and recreation products comprising tractors and riders, lawn and garden, bird feeding, power equipment, and other recreational products; truck, tool, and hardware products, such as truck accessories, trailers, generators, lubricants, batteries, and hardware and tools; and clothing, gift, and décor products consist of clothing, footwear, toys, snacks, and decorative merchandise.
Market Cap
$28.6B
Pitch Price
$57.17
Price Target
N/A
Dividend
1.70%
EV/EBITDA
13.01
P/E
26.14
EV/Sales
2.22
Sector
Specialty Retail
Category
growth
TSCO: Shift The Tractor To Second Gear Before It Stalls
TSCO (overview): $2.05-$2.15 2025 EPS target (vs mgmt $2.00-$2.18). Final mile delivery driving ~50% of 1.5% Q2 comp; 15% order coverage reached, targeting 25% by YE. Skeptical of mgmt's promised 2H25 step-function comp acceleration to 7%+. Bullish catalyst: final mile expansion. Risk: core biz weakness, tariff elasticity issues. 30x+ FY1 EPS.