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Tractor Supply Company released its financial results for the fourth quarter of 2025, reporting an increase in net sales and guidance for the fiscal year 2026.
Net sales increased 3.3% to $3.09 billion in Q4 2025 and comparable store sales increased 0.3%. For the full fiscal year 2025, net sales increased 4.3% to $15.52 billion with comparable store sales increasing 1.2%.
The company reported diluted earnings per share of $0.43 for the fourth quarter and diluted EPS of $2.06 for the full year 2025.
“Our fourth quarter results came in below our expectations and reflected a shift in consumer spending, with essential categories remaining resilient while discretionary demand moderated,” says Hal Lawton, president and chief executive officer of Tractor Supply. “Against that backdrop, our team stayed focused on executing the fundamentals of the business, growing share in the farm and ranch channel and continuing to engage our customers. I want to thank our more than 52,000 Team Members for their continued dedication to the work they do every day across our stores, distribution centers and store support center.”
Tractor Supply opened 31 new Tractor Supply stores and one new Petsense by Tractor Supply store in Q4 2025.
The company also released its fiscal year 2026 financial outlook. Net sales are expected to increase 4% to 6% and comparable store sales are expected to increase 1% to 3%. Diluted earnings per share are set to reach $2.13 to $2.23 in 2026. Tractor Supply also plans to open approximately 100 Tractor Supply stores in 2026, continue Project Fusion remodels and garden center transformations and complete its 11th distribution center.
