Tractor Supply Company Updates Earnings Outlook - Quick Facts

(RTTNews) - Tractor Supply Company (TSCO) announced, for fiscal 2017, the company now expects earnings per share in a range of $3.25 - $3.29, up from prior guidance range of $3.22 - $3.27. Net sales are now projected to be between $7.17 billion - $7.22 billion, compared to previous outlook range of $7.13 billion - $7.19 billion. Comparable Store Sales are now expected to rise 1.7% - 2.2%, up from prior guidance range of 1.1% - 1.7%.

Third-quarter earnings per share increased 7.5% to $0.72 from $0.67 in the third quarter of the prior year. Net sales for the third quarter 2017 increased 11.6% to $1.72 billion from $1.54 billion in the third quarter of 2016. Comparable store sales increased 6.6%.