Rural lifestyle retail company, Tractor Supply Co., put forth its financial forecast while announcing its fourth-quarter results last Thursday. The company provided estimations for its earnings, net sales, and comparable store sales for the entire 2024 fiscal year.
The corporation forecasts earnings to lie approximately in the range of $9.85 to $10.50 per share, net sales to be between $14.7 billion and $15.1 billion, and comparable store sales to present a decline of up to 1.0 percent or growth of up to 1.5 percent.
The average expectation by analysts consulted by Thomson Reuters for the 2024 fiscal year is that Tractor Supply Co. will report earnings close to $10.32 per share, with revenues reaching about $15.03 billion. This estimation by the analysts often does not consider exceptional items.
