TRACTOR SUPPLY CO /DE/ is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: TSCO reported Q1 FY2026 revenue growth of 3.6% to $3.59B, but profitability declined with net income falling 8.3% to $164.5M as SG&A expenses surged 6.2%, compressing operating and net margins.
Drawn from management commentary in the Q1 2026 10-Q:
Total revenue grew 3.6% year-over-year to $3.59B in Q1 FY2026, up from $3.47B in the prior-year period, indicating continued demand for Tractor Supply's farm and ranch products despite a challenging consumer environment.
SG&A expenses rose 6.2% year-over-year to $941.2M, significantly outpacing revenue growth of 3.6%, which compressed operating margin by approximately 69 basis points to 6.50% from 7.19% in the prior year.
Gross margin held essentially flat at 36.22% versus 36.21% in the prior-year quarter, suggesting the company maintained pricing discipline and managed cost of goods sold effectively even as overall costs rose.
Revenue
$3.59B
++3.61% YoY
EPS (Basic)
$0.31
-8.82% YoY
Gross Margin
36.2%
++0.01% YoY
Operating Income
$233.43M
-6.30% YoY
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