Tractor Supply Co (TSCO) Misses Q1 EPS by 2c, Reaffirms Guidance

Tractor Supply Co (NASDAQ: TSCO) reported Q1 EPS of $0.35, $0.02 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.21 billion.

Fiscal 2014 Outlook The Company is reiterating all components of its fiscal 2014 outlook. For fiscal 2014, net sales are anticipated to range between $5.62 billion and $5.70 billion, with comparable store sales expected to increase 2.5% to 4.0%. The Company projects fiscal 2014 full year net income to range from $2.54 to $2.62 per diluted share. For the full year, the Company expects capital expenditures to range between $240 million and $250 million, including spending to support 102 to 106 new store openings and construction of the new Store Support Center to open in 2014.

For earnings history and earnings-related data on Tractor Supply Co (TSCO) click here.

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