Tractor Supply Co. reports Q4, year-end results

Tractor Supply Co. said this week its Q4 net sales declined by 8.6 percent to $3.66 billion, compared to $4.01 billion in the comparable period of 2022. The latter included an extra sales week, which contributed to the decline, as did a 4.2 percent drop in comp sales. Net income fell 8.5 percent to $247.9 million from $270.9 million. For the full fiscal year, sales were down 2.5 percent to $14.56 billion from $14.2 billion, while net income rose by 1.7 percent to $1.11 billion from $1.09 billion.