Brief: Tractor Supply CEO Says Confident In Ability To Navigate Tariffs As It Evolves

Tractor Supply Co

30/01/2025 16:04

Jan 30 (Reuters) - Tractor Supply Co  TSCO.O :
    * TRACTOR SUPPLY CEO SAYS IN RESPECT TO TARIFFS UNDER NEW
PRESIDENT, CONFIDENT IN ABILITY TO NAVIGATE CIRCUMSTANCES AS IT
EVOLVES - CONF. CALL
    * TRACTOR SUPPLY EXEC - WE HAVE CONTINUED TO DIVERSIFY OUR
COUNTRY
OF ORIGIN FOR IMPORTS, ONLY HAVE ABOUT 12% OR SO OF SALES THAT
ARE DIRECT IMPORTS
    * TRACTOR SUPPLY EXEC- DUE TO FLUID NATURE OF DISCUSSION ON
TARIFFS, ANNUAL FORECAST DOES NOT ASSUME CHANGES IN TARIFFS AT
THIS TIME
    * TRACTOR SUPPLY EXEC- EXPECT TO SELL AN INCREMENTAL 2 TO 4
EXISTING STORES TO FUND STEP-UP IN NEW STORES FROM 80 TO 90 IN
2025
    * TRACTOR SUPPLY EXEC - ANTICIPATE COMP SALES WILL BE
MODESTLY
STRONGER IN H2 AS COMPARES EASE, HEADWIND FROM DEFLATION
MODERATES
    * TRACTOR SUPPLY EXEC- BELIEVE WE ARE NEARING THE TROUGH NOW
HAVING SUCCESSFULLY MANAGED THROUGH DEFLATION

Further company coverage:  TSCO.O 

 ((Reuters.Briefs@thomsonreuters.com;))