Tractor Supply falls after reaffirming annual targets

Tractor Supply

Today 12:42

** Shares of farming equipment retailer Tractor Supply TSCO.O down about 5% at $31.14 premarket
** Co reaffirms annual outlook despite quarterly estimates beat
** It forecasts net sales growth of 2.5% to 3.5% and adjusted EPS between $1.90 to $2.00
** Posts Q3 net sales of $3.91 billion, compared to analysts' estimates of $3.81 billion, data compiled by LSEG 
** Q3 EPS of 43 cents vs. estimates of 41 cents
** Co benefited from solid performance in seasonal categories, including wildlife supplies, equine & livestock and truck, tool & hardware 
** As of last close, stock down ~35% YTD

(Reporting by Koyena Das from Bengaluru )
((Koyena.das@thomsonreuters.com))