Q4 25 EPS
$0.43
MISS 8.51%
Est. $0.47
Q4 25 Revenue
$3.90B
MISS 2.39%
Est. $3.99B
vs S&P Since Q4 25
-38.4%
TRAILING MARKET
TSCO -34.2% vs S&P +4.1%
Full Year 2025 Results
FY 25 EPS
$2.06
MISS 1.68%
Est. $2.10
FY 25 Revenue
$15.52B
MISS 0.61%
Est. $15.62B
Market Reaction
Did TSCO Beat Earnings? Q4 2025 Results
Tractor Supply delivered a disappointing finish to fiscal 2025, missing on both the top and bottom lines as softer discretionary demand weighed on results. The rural lifestyle retailer posted Q4 revenue of $3.90 billion, up 3.3% year over year but sh… Read more Tractor Supply delivered a disappointing finish to fiscal 2025, missing on both the top and bottom lines as softer discretionary demand weighed on results. The rural lifestyle retailer posted Q4 revenue of $3.90 billion, up 3.3% year over year but short of the $3.99 billion consensus estimate, while diluted EPS of $0.43 fell 8.51% below the $0.47 Wall Street had expected. The shortfall traced most directly to SG&A deleverage, as planned strategic investments and fixed cost pressure at a modest 0.3% comparable store sales gain pushed operating income down 6.5% to $297.73 million. Gross margin also edged lower to 35.1%, pressured by higher tariffs, incremental promotions, and rising delivery costs. Despite the stumble, management moved to reinforce shareholder confidence by raising the quarterly dividend 4.3% to $0.24 per share, extending a streak of 17 consecutive annual increases. Looking ahead, Tractor Supply guided fiscal 2026 diluted EPS of $2.13 to $2.23 on net sales growth of 4% to 6%, with tariff exposure flagged as a meaningful risk to the outlook.
Key Takeaways
- • New store openings contributed 3.3% of total sales in Q4
- • Comparable store sales increase of 0.3% driven by average ticket growth of 0.3%
- • Continued strength in consumable, usable and edible products
- • Contribution from Allivet acquisition
- • Owned Brands and Exclusive Product Categories represented 30.9% of Q4 sales vs. 29.6% prior year
TSCO YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
“Our fourth quarter results came in below our expectations and reflected a shift in consumer spending, with essential categories remaining resilient while discretionary demand moderated. Against that backdrop, our team stayed focused on executing the fundamentals of the business, growing share in the farm and ranch channel and continuing to engage our customers. I want to thank our more than 52,000 Team Members for their continued dedication to the work they do every day across our stores, distribution centers and store support center.”
— Hal Lawton, Q4 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% |