Tractor Supply Company · NASDAQ:TSCO
Tractor Supply — Q1 2022 Earnings Presentation
11 slides from Tractor Supply's earnings presentation, Apr 21, 2022
Slide 1: Supplemental Financial Presentation
Supplemental Financial Presentation April 21, 2022
Slide 2: Safe Harbor
SAFE HARBOR The Company claims the protection of the safe-harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The information in this presentation contains certain forward-looking statements. These statements discuss, among other things, expectati
Slide 3: Thank You Team Tractor! For Life Out Here
THANK YOU TEAM TRACTOR! FOR LIFE OUT HERE
Slide 4: Q1 2022 Performance Highlights
Q1 2022 Performance Strong Sales Growth Net Sales Growth HIGHLIGHTS ($ in billions) +8.3% Average Ticket Up 6.7% $3.02 $2.79 Customer Transactions Decreased 1.4% Q1 2021 Q1 2022 Double-Digit or Higher E-commerce Comp Sales Growth Sales Growth for 39 Consecutive +43.8% Quarters 38.6% 2-Year Stack 5.2
Slide 5: Broad-Based Strength in Customer Trends
Q1 2022 Performance Broad-Based Strength in Customer Trends NEIGHBOR’S CLUB MEMBERS 24.8M+ +24% YoY 5
Slide 6: Q1 2022 Performance: Gross Margin and SG&A Expenses
Q1 2022 Performance GROSS MARGIN SG&A EXPENSES as a % of net sales as a % of net sales -29 bps Decrease +11 bps Improvement 27.0% 26.9% 35.2% 34.9% Q1 2021 Q1 2022 Q1 2021 Q1 2022 Key Drivers Key Drivers • Strong Price Management Actions • More Normalized Incentive Compensation • Significant Product
Slide 7: Q1 2022 Performance: Profitability
Q1 2022 Performance Profitability Operating Margin Net Income Diluted EPS ($ in millions) -18 bps +3.2% +6.5% $187 $1.65 8.3% 8.1% $181 $1.55 Q1 2021 Q1 2022 Q1 2021 Q1 2022 Q1 2021 Q1 2022 7
Slide 8: Reiterated Guidance
Reiterated Net Sales $13.6B to $13.8B Comparable Store Sales +3.0% to +4.5% Operating Margin Rate 10.1% to 10.3% Net Income $1.04B to $1.08B Diluted Earnings Per Share $9.20 to $9.50 8
Slide 9: ESG Updates
ESG Updates • Published Stewards of Life Out Here Sustainability Report • Reported Scope 1, 2 and 3 GHG Emissions with Year-over-Year Reductions • Avoided Landfill Contributions with Ongoing Recycling Efforts • Donated over $14 Million to Community Learn more at IR.TractorSupply.com/ESG Organization
Slide 10: Life Out Here
LIFE" HERE We are committed to being an integral part of our customers’ lives as the dependable supplier of Out Here Lifestyle solutions.
Slide 11: Visit us at IR.TractorSupply.com
Visit us at IR.TractorSupply.com
Tractor Supply Company — Q1 2022 Earnings Presentation on 6ix