Tractor Supply said net sales for Q2 2025 ended June 28, 2025 were $4.44 billion, an increase of 4.5% from $4.25 billion. The company cited new store openings and a 1.5% increase in comparable store sales as factors.

1. 01

   Tractor Supply said net sales for Q2 2025 ended June 28, 2025 were $4.44 billion, an increase of 4.5% from $4.25 billion. The company cited new store openings and a 1.5% increase in comparable store sales as factors.

2. 02

   Tractor Supply said gross margin in Q2 increased 31 basis points to 36.9%, and SG&A expenses including depreciation and amortization increased 51 basis points to 23.9%. Operating income rose 2.9% to $577.8 million.

3. 03

   The company said net income for Q2 increased 1.1% to $430.0 million, or $0.81 per diluted share. During the quarter, it repurchased approximately 1.4 million shares at a total cost of $73.9 million and paid cash dividends of $122.0 million, returning $195.9 million to stockholders.

4. 04

   Tractor Supply said operating cash flow for the first six months of 2025 was $1.00 billion, an increase of $185.2 million, citing management of inventory and accounts payable as factors. Investing activities used net cash of $448.7 million in the first six months.

Key figures

Quarter ended June 28, 2025

Revenue

$4.4B

Operating income

$578M

Net income

$430M

EPS

$0.81

Gross profit

$1.6B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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