Tractor Supply Q4 Profit Tops Estimate; Outlook Weak

(RTTNews) - Tractor Supply Co. (TSCO) reported net income for the fourth quarter of $112.1 million or $0.81 per share, compared to $95.9 million or $0.68 per share for the year-ago quarter.

Net sales for the fourth quarter rose 12% to $1.58 billion from $1.42 billion a year earlier. Same-store sales for the quarter increased 5.3%.

Analysts polled by Thomson Reuters expected the company to earn $0.76 per share on revenue of $1.58 billion for the fourth quarter.

Looking forward to full year 2015, the company forecasts net sales of $6.2 billion to $6.3 billion and earnings of $2.95 to $3.05 per share. Analysts currently expect the company to earn $3.02 per share on revenue of $6.27 billion for the full year 2015.