Q3 25 EPS
$0.49
BEAT +1.68%
Est. $0.48
Q3 25 Revenue
$3.72B
MISS 0.07%
Est. $3.72B
vs S&P Since Q3 25
-48.6%
TRAILING MARKET
TSCO -41.3% vs S&P +7.3%
Market Reaction
Did TSCO Beat Earnings? Q3 2025 Results
Tractor Supply delivered a solid third quarter, posting earnings per share of $0.49 against a consensus estimate of $0.48, a 1.68% beat, while revenue of $3.72 billion came in essentially in line with expectations and grew 7.2% year over year. The st… Read more Tractor Supply delivered a solid third quarter, posting earnings per share of $0.49 against a consensus estimate of $0.48, a 1.68% beat, while revenue of $3.72 billion came in essentially in line with expectations and grew 7.2% year over year. The standout driver behind the quarter was 3.9% comparable store sales growth, fueled by a combination of higher transaction counts and a modest lift in average ticket size, as the company capitalized on an extended summer selling season and continued momentum in consumable, usable and edible categories. Gross margin edged up 15 basis points to 37.4%, aided by disciplined product cost management, though tariff pressures and transportation costs provided some offset. With improved visibility on tariffs and the demand environment, Tractor Supply narrowed its full-year 2025 guidance, now targeting net sales growth of 4.6% to 5.6% and EPS of $2.06 to $2.13, a tighter range reflecting greater confidence heading into the fourth quarter. The company also declared a quarterly dividend of $0.23 per share, payable in December, underscoring its continued commitment to returning capital to shareholders.
Key Takeaways
- • Comparable store sales increased 3.9%, driven by comparable average transaction count increase of 2.7% and comparable average ticket growth of 1.2%
- • Strength in spring and summer seasonal products
- • Continued momentum in consumable, usable and edible (C.U.E.) products
- • New store openings contributed 3.1% of total sales
- • Contribution from Allivet acquisition
- • Gross margin improvement from product cost management and everyday low price strategy
- • Lower effective income tax rate of 21.0% vs 22.3% in prior year
TSCO YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
“The Tractor Supply team delivered a strong third quarter. This performance was driven by ongoing share gains, agile execution through an extended summer season and healthy transaction growth. Our results were in line with our expectations and reflect the unwavering commitment of our 52,000 Team Members who live Life Out Here every day.”
— Hal Lawton, Q3 2025 Earnings Press Release
TSCO Earnings Trends
TSCO vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
TSCO EPS Trend
Earnings per share: estimate vs actual
TSCO Revenue Trend
Quarterly revenue: estimate vs actual
TSCO Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 | — | $0.31 | — | $3.59B | -1.27% |
| Q4 25 MISS FY | $0.47 | $0.43 | -8.51% | $3.90B | -2.39% |
| FY Full Year | $2.10 | $2.06 | -1.68% | $15.52B | -0.61% |
| Q3 25 BEAT | $0.48 | $0.49 | +1.68% | $3.72B | -0.07% |
| Q2 25 BEAT | $0.80 | $0.81 | +0.95% | $4.44B | +0.98% |
| Q1 25 MISS | $0.37 | $0.34 | -7.93% | $3.47B | -1.85% |