Tractor Supply Issues Q2 EPS Outlook - Quick Facts

(RTTNews) - Tractor Supply Company (TSCO) announced that it expects second-quarter net income to be in the range of $0.94 per share to $0.95 per share. Analysts currently expect earnings of $1.02 per share.

The company said net sales for the second quarter increased 8.8% to $1.58 billion from $1.46 billion in the prior year period. Analysts expected revenue of $1.60 billion.

Comparable store sales increased 1.9% versus a 7.2% increase in the prior year's second quarter. Comparable store sales were driven by continued strength of consumable, usable and edible products or C.U.E. and solid traffic counts.