TSCOTractor Supply
Tractor Supply Company (the “Company” or “Tractor Supply” or “we” or “our” or “us”) is the largest rural lifestyle retailer in the United States (“U.S.”). 10-K, Item 1
- Headquarters
- Brentwood, TN
- CEO
- III Harry A. Lawton
- Next results
- around Jan 28, 2027
The biggest changes in the 10-K filed 2026-02-19, this fiscal year against the last, and the sentences in the MD&A (Item 7) where management explains them, quoted word for word. Tickdelta picks sentences that name the line, a direction and a cause. It does not write explanations of its own.
Cash from operations
+15.1% Big change FY to 2025-12-27 vs 2024-12-28“The $214.5 million increase in net cash provided by operating activities in fiscal 2025 compared to fiscal 2024 was due to changes in the following (in millions):”
Read it in the 10-K ↗
“The $214.5 million increase in net cash provided by operating activities is driven by both the increase in deferred income taxes, primarily attributable to the impact of the One Big Beautiful Bill Act (the “OBBBA”), and the effective management of our inventory and accounts payable.”
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Revenue
+4.3% FY to 2025-12-27 vs 2024-12-28“The increase in net sales was driven by new store openings, the contribution from Allivet, and the 1.2% increase in comparable store sales.”
Read it in the 10-K ↗
“Comparable store sales growth was driven by strength in both C.U.E. and seasonal categories, partially offset by softness in emergency response and discretionary categories including big ticket products.”
Read it in the 10-K ↗
Operating margin
9.9% → 9.5% (-0.4 pts) FY to 2025-12-27 vs 2024-12-28The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Gross margin
36.3% → 36.4% (+0.2 pts) FY to 2025-12-27 vs 2024-12-28“The gross margin rate increase was primarily attributable to cost management initiatives and the continued execution of an everyday low price strategy, partially offset by higher tariffs and increased delivery-related transportation costs.”
Read it in the 10-K ↗
Net income
-0.5% FY to 2025-12-27 vs 2024-12-28The MD&A has no sentence that names a cause for this change. That can be worth a question: ask about the filing.
Changes are computed from the XBRL figures in the same 10-K. Hover a number to see the line item. Open the 10-K ↗
Work on TSCO in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/TSCO/export.csv") into a cell.