Tractor Supply Hits Record High After Q2 Results

Tractor Supply Company reported strong second-quarter 2025 results, with net sales rising 4.5% year-over-year to $4.44 billion and comparable store sales up 1.5%, both surpassing expectations. Earnings per share reached $0.81, and net income increased to $430 million. The company opened 24 new stores and reaffirmed its full-year 2025 outlook, citing resilient demand for core and seasonal categories despite economic uncertainty and tariff concerns. Gross margin improved to 36.9% due to disciplined cost management, though SG&A expenses rose from growth initiatives. Shares reached a record high after the earnings release, reflecting investor confidence in the company's operational strategy. Management emphasized long-term value creation, a largely U.S.-sourced product base, and supply chain flexibility.