Tractor Supply Company · NASDAQ:TSCO
Tractor Supply — Q1 2025 Earnings Presentation
11 slides from Tractor Supply's earnings presentation, Apr 24, 2025
Slide 1: Supplemental Financial Presentation Q1 2025 Earnings Highlights
SUPPLEMENTAL FINANCIAL PRESENTATION APRIL 24, 2025 Q1 2025 EARNINGS HIGHLIGHTS
Slide 2: Safe Harbor
SAFE HARBOR The forward-looking statements included in this presentation are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts, which address activities, events, or developments that we expect
Slide 3: Thank You to the Team!
Thank You to the Team! 3
Slide 4: Financial Highlights Q1 2025: Net Sales and Comp Sales
FINANCIAL HIGHLIGHTS NET SALES COMP SALES +2.1% $3.47B $3.39B +1.1% -0.9% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Continued Market Share Gains in Key Categories Comparable Transactions Increase of 2.1% Comparable Ticket Decline of 2.9% Q1 Strength in Winter Seasonal and Year Round Categories Strong C.U.E. P
Slide 5: Financial Highlights Q1 2025: Gross Margin and SG&A
FINANCIAL HIGHLIGHTS GROSS MARGIN SG&A EXPENSES AS A % OF NET SALES AS A % OF NET SALES +25 bps Expansion -81 bps Deleverage 36.2% 36.0% 29.0% 28.2% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Key Drivers Key Drivers Disciplined Product Cost Management Deleverage Primarily Attributed to Planned Growth Initiativ
Slide 6: Financial Highlights Q1 2025: Profitability
FINANCIAL HIGHLIGHTS Profitability OPERATING NET DILUTED MARGIN INCOME EPS -56 bps -9.5% -8.0% $198M $0.37 7.8% $0.34 $179M 7.2% Q1 2024 Q1 2025 Q1 Q1 2024 Q1 2025 Q1 2024 Q1 2025 2025 Note: Diluted EPS has been retroactively adjusted for 5:1 stock split effective 12/20/2024. 6
Slide 7: Operational Highlights Q1 2025
OPERATIONAL HIGHLIGHTS OVER 600 GARDEN CENTERS NOW OPERATIONAL NEIGHBOR’S CLUB KICK-OFF OF ENROLLMENT 2025 SPRING APPROACHED CHICK DAYS 40 MILLION CUSTOMERS ENROLLED IN STORES Q1 ANNOUNCED 11TH DISTRIBUTION CENTER IN NAMPA, ID Q1 2025 2025 7
Slide 8: Supporting Life Out Here
SUPPORTING LIFE OUT HERE ANNOUNCED CELEBRATED 10 YEARS OF STRATEGIC GRANTS FOR PARTNERSHIP WITH GROWING TO FIELD & STREAM BENEFIT FFA SUPPORTED ROLLED OUT THIRD ANNUAL WEBER PRODUCTS “RELIEF FOR RESCUES” NATIONWIDE FUNDRAISER WITH TO ALL STORES MUTTNATION Q1 2025 8
Slide 9: Fiscal Year 2025 and Q2 2025 Guidance
Fiscal Year 2025 Q2 2025 GUIDANCE GUIDANCE UPDATED PREVIOUS Net Sales +4% to +8% +5% to +7% Net Sales +3% to +4% Comparable Comparable +0% to +4% +1% to +3% +0% to +1% Store Sales Store Sales Operating Diluted Earnings 9.5% to 9.9% 9.6% to 10.0% $0.79 to $0.81 Margin Rate per Share Net Income $1.07B
Slide 10: Strategic Priorities
Deliver Legendary Customer Experiences Advance Our ONETractor Capabilities Operate the Tractor Way Go the Country Mile for Our Team Generate Healthy Shareholder Return 10
Slide 11: Committed to being an integral part of our customers' lives
We are committed to being an integral part of our customers’ lives as the dependable supplier of Our Here Lifestyle solutions. Anytime. Anywhere. Any way.
Tractor Supply Company — Q1 2025 Earnings Presentation on 6ix