Tractor Supply Forecast 2024 Net Sales Of $14.85B-$15.0B (Prior $14.8B-$15B) Vs $14.897B Est; 2024 EPS Of $10.10-$10.40 (Prior $10.00-$10.40) Vs $10.29 Est
Portfolio Pulse from Benzinga Newsdesk
Tractor Supply has updated its financial guidance for fiscal year 2024, slightly increasing its net sales and earnings per share estimates. The company now expects net sales between $14.85 billion and $15.0 billion and EPS between $10.10 and $10.40.
October 24, 2024 | 11:10 am
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POSITIVE IMPACT
Tractor Supply has slightly increased its net sales and EPS guidance for FY 2024, indicating a positive outlook. The updated guidance suggests confidence in achieving higher sales and earnings.
The increase in net sales and EPS guidance reflects a positive outlook for Tractor Supply, suggesting potential growth in sales and profitability. This is likely to have a positive impact on the stock price in the short term as it indicates management's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100