Quarterly ResultJul 23, 2026, 07:06 AM
Tractor Supply Q2 EPS $0.69, Net Sales $4.54B; Updates FY26 Outlook
AI Summary
Tractor Supply Company reported second quarter 2026 financial results with net sales increasing 2.3% to $4.54 billion, but comparable store sales decreased by 1.5%. Diluted earnings per share fell 14.9% to $0.69, impacted by charges related to a Petsense restructuring and VIP Petcare acquisition costs. The company updated its fiscal year 2026 outlook, lowering expectations for net sales and EPS, and withdrew its long-term financial framework. Management noted that adverse conditions in May offset positive comparable store sales in April and June, but expressed confidence in long-term demand drivers and ongoing strategic actions.
Key Highlights
- Net sales increased 2.3% to $4.54 billion in Q2 2026.
- Comparable store sales decreased 1.5% in Q2 2026.
- Diluted EPS was $0.69, a 14.9% decrease from $0.81 in Q2 2025.
- Company recorded $65.8 million in impairment and restructuring charges for Petsense.
- Updated fiscal year 2026 guidance for Net Sales is +2.5% to +3.5%.
- Updated fiscal year 2026 guidance for Diluted EPS is $1.78 to $1.88.
- Repurchased approximately 3.9 million shares for $135.3 million in Q2 2026.
- Opened 28 new Tractor Supply stores and 3 new Petsense stores in Q2 2026.
Price Impact
More from TSCO