August 29, 2013

Brentwood, Tenn.-based Tractor Supply approved a 2-for-1 stock split, to be initiated Sept. 18. 

It will be the company's fourth 2-for-1 split since 2002.

"This action is the result of our strong operating results and stock price performance, and reflects the confidence that the board and management have in our long-term business strategy and our ability to continue returning value to our shareholders," said executive chairman Jim Wright. 

February 21, 2013

For the past several years, whenever Tractor Supply's CEO Jim Wright spoke about his company's earnings, he usually described a strong performance in a challenging environment — a 1,000-plus-store little engine that could.

Last month, his replacement, Greg Sandfort, picked up where Wright left off, pointing to a 10.8% fourth-quarter sales increase and a 24% increase in net income. In his first earnings call as CEO, Sandfort ran analysts through the Brentwood, Tenn.-based retailer's challenges and opportunities.

September 28, 2012

Brentwood, Tenn.-based Tractor Supply has announced a management succession plan to take effect Jan. 1.

Jim Wright, who was named CEO of Tractor Supply in 2004 and who took on the additional role of chairman in 2007, will be replaced by Gregory Sandfort, currently the company’s chief operating officer.

July 25, 2012

Despite a stagnant economy and drought conditions across large parts of the country, Brentwood, Tenn.-based Tractor Supply Co. reported sales and earnings growth.

The company posted second-quarter sales of $1.29 billion, up 9.6% from $1.18 billion in the same quarter last year.

The nation’s largest chain of farm and ranch specialty stores posted earnings of $106.6 million, up 8.3% from $91.2 million in the year-ago period. 

March 1, 2012

Tractor Supply has increased its estimated domestic store growth potential to 2,100 locations from a previously estimated 1,800 stores.

Jim Wright, chairman and CEO, said: “Over the past four years, we have effectively tested and validated the viability of the Tractor Supply store model in small markets. We are pleased that we are able to generate a comparable rate of return on investment in these markets, which opens up additional growth opportunities for Tractor Supply stores. We believe we have a long runway of growth ahead of us.”

January 11, 2012

Tractor Supply offered an early view of its fourth quarter sales performance, which included a 7.6% same store sales gain.

The Brentwood, Tenn.-based farm and ranch retailer plans to release its full fourth quarter 2011 results Feb. 1, but according to CEO Jim Wright, the strong fourth quarter performance merited an update. 

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