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TSCO Tractor Supply Co News Story

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Consumer CyclicalsBalancedLarge CapContrarian

Tractor Supply falls after downbeat annual forecasts on muted consumer spending

** Shares of farming equipment retailer Tractor Supply  down about 3% at $53.15 premarket

** Co forecasts its full-year sales and profit largely below estimates, hurt by cautious spending among rural consumers for big-ticket items

** Now expects sales to rise between 4.6% and 5.6% in 2025 compared to analysts' estimates at 5.3% rise - as per data compiled by LSEG

** Expects fiscal year 2025 EPS between $2.06 and $2.13, compared to prior forecast of $2.00 to $2.18, while analysts were estimating $2.10 per share

** Beats Q3 profit of 49 cents per share vs estimates of 48 cents per share

** As of last close, TSCO up nearly 3.4% YTD

(Reporting by Sanskriti Shekhar in Bengaluru )

((Sanskriti.Shekhar@thomsonreuters.com))

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