Form 8-K

8-K — TRACTOR SUPPLY CO /DE/

Accession: 0000916365-26-000052

Filed: 2026-07-23

Period: 2026-07-23

CIK: 0000916365

SIC: 5200 (RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — tsco-20260723.htm (Primary)

EX-99.1 — EX-99.1 PRESS RELEASE DATED JULY 23, 2026 (ex991-q22026earningsrelease.htm)

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8-K — 8-K TRACTOR SUPPLY COMPANY

8-K (Primary)

Filename: tsco-20260723.htm · Sequence: 1

tsco-20260723

TRACTOR SUPPLY CO /DE/false000091636500009163652026-07-232026-07-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): July 23, 2026

TRACTOR SUPPLY COMPANY

__________________________________________

(Exact name of registrant as specified in its charter)

Delaware 000-23314 13-3139732

(State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.)

5401 Virginia Way, Brentwood, Tennessee 37027

(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (615) 440-4000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[☐] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[☐] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[☐] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[☐] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol(s) Name of each exchange on which registered

Common Stock, $0.008 par value TSCO NASDAQ Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ((§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [☐]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [☐]

Item 2.02 Results of Operations and Financial Condition.

On July 23, 2026, Tractor Supply Company (the "Company") issued a press release reporting its results of operations for the second quarter ended June 27, 2026. Additionally, the Company updated guidance for the results of operations expected for the full fiscal year ending December 26, 2026.

A copy of the press release is furnished herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No. Description

99.1

Press Release of Tractor Supply Company Dated July 23, 2026

104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Tractor Supply Company

July 23, 2026 By: /s/ Kurt D. Barton

Name: Kurt D. Barton

Title: Executive Vice President - Chief Financial Officer and Treasurer

EX-99.1 — EX-99.1 PRESS RELEASE DATED JULY 23, 2026

EX-99.1

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Document

TRACTOR SUPPLY COMPANY REPORTS SECOND QUARTER 2026 FINANCIAL RESULTS; UPDATES FISCAL YEAR 2026 OUTLOOK

Brentwood, Tenn., July 23, 2026 - Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States (the “Company”), today reported financial results for its second quarter ended June 27, 2026.

Net Sales Increased 2.3% to $4.54 Billion; Comparable Store Sales Decreased 1.5%

l Company Recorded Charges Related to a Restructuring of the Petsense Business and Costs Associated with the VIP Petcare Acquisition

Diluted Earnings per Share (“EPS”) of $0.69 and Adjusted Diluted EPS of $0.811

1 See “Use and Reconciliation of Non-GAAP Financial Measures” below

“The Tractor Supply business model demonstrated its strength and durability during the second quarter. Positive comparable store sales in April and June were more than offset by unusually adverse conditions in May, which drove second quarter results below our expectations. While we are not satisfied with our performance, we believe there are discrete headwinds impacting the majority of our end markets. Our core customer remains highly engaged, our needs-based businesses continue to perform well, and our competitive position remains strong. Tractor Supply has successfully navigated many economic cycles throughout our 88-year history, and we remain confident that the long-term demand drivers supporting our business remain intact. I want to thank our Team Members for their continued dedication to serving our customers every day,” said Hal Lawton, President and Chief Executive Officer of Tractor Supply.

Lawton continued, “We are updating our fiscal 2026 outlook to reflect our year-to-date performance and expectations for the balance of the year. We are responding with urgency by strengthening our companion animal business, reinforcing our value position and improving productivity across the business. At the same time, we are sharpening our strategic focus, evaluating where we allocate capital and resources and making disciplined choices that we believe will strengthen Tractor Supply and create long-term shareholder value. The actions we are taking are designed to improve performance over the balance of the year and further position the Company for long-term success.”

Second Quarter 2026 Results

Net sales increased 2.3% to $4.54 billion from $4.44 billion in the second quarter of 2025. The increase in net sales was driven by new store openings, partially offset by the decline in comparable store sales. Comparable store sales decreased 1.5%, as compared to an increase of 1.5% in the prior year’s second quarter, reflecting comparable average transaction count decline of 1.7% and comparable average ticket increase of 0.2%. Comparable store sales were positive in April and June, with underperformance in May driving the decline for the quarter. May results were pressured by softness in seasonal categories, including big-ticket items, as well as lower spending in discretionary categories. While the Company's consumable, usable and edible categories remained resilient overall, companion animal continued to perform below the Company average, although trends improved through the quarter. Continued strength across the balance of the Company's consumable, usable and edible categories, along with growth in digital sales, partially offset these headwinds.

Gross profit increased 2.6% to $1.68 billion from $1.64 billion in the prior year’s second quarter. Gross margin rate was 37.1% compared to 36.9% in the prior year’s second quarter. The second quarter of 2026 results include an

inventory write-down of $5.9 million related to the planned closure of approximately 75 Petsense stores. On an adjusted basis, gross profit increased 3.0% to $1.69 billion, or 24 basis points to 37.2% as a percent of net sales for the quarter. This increase was primarily attributable to disciplined product cost management and tariff-related benefits that more than offset higher freight expense and incremental investments to strengthen the Company's price-value position.

Selling, general and administrative (“SG&A”) expenses, including depreciation, amortization and impairment, increased 14.4% to $1.22 billion from $1.06 billion in the prior year’s second quarter. As a percent of net sales, SG&A expenses increased to 26.8% from 23.9% in the second quarter of 2025. The second quarter of 2026 results include impairment and other charges for the Petsense business of $65.8 million due primarily to a restructuring of the business as well as acquisition costs of $9.5 million for the acquisition of VIP Petcare. On an adjusted basis, SG&A expenses increased 7.3% to $1.14 billion, or 118 basis points to 25.1% as a percent of net sales for the quarter. The increase in adjusted SG&A as a percent of net sales was primarily attributable to deleverage from lower comparable store sales, as well as higher medical claims and legal settlement expenses.

Operating income decreased 19.2% to $467.1 million from $577.8 million in the second quarter of 2025. On an adjusted basis, operating income decreased 5.1% to $548.3 million.

The effective income tax rate was 19.8% compared to 23.2% in the second quarter of 2025, primarily reflecting the timing of certain tax planning initiatives, as well as the one-time charges associated with the restructuring of the Petsense business and the acquisition costs associated with VIP Petcare.

Net income decreased 16.1% to $360.7 million from $430.0 million in the second quarter of 2025. Diluted EPS decreased 14.9% to $0.69 compared to $0.81 in the second quarter of 2025. On an adjusted basis, net income was $423.5 million, or $0.81 per diluted share.

The Company repurchased approximately 3.9 million shares of its common stock for $135.3 million and paid quarterly cash dividends totaling $125.6 million, returning a total of $260.9 million of capital to shareholders in the second quarter of 2026.

The Company opened 28 new Tractor Supply stores and three new Petsense by Tractor Supply stores in the second quarter of 2026.

Financial Outlook

Based on year-to-date performance and the Company’s outlook, Tractor Supply is updating its financial guidance for fiscal year 2026.

Adjusted operating margin, adjusted net income and adjusted diluted EPS are non-GAAP financial measures that exclude the Petsense impairment and VIP Petcare acquisition costs. The Company does not provide a reconciliation for non-GAAP estimates on a forward-looking basis where it is unable to provide a meaningful or accurate calculation or estimation of reconciling items without unreasonable effort.

Updated

Net Sales +2.5% to +3.5%

Comparable Store Sales (1%) to flat

Operating Margin Rate 8.0% to 8.3%

Adjusted Operating Margin Rate 8.5% to 8.8%

Net Income $930 million to $990 million

Adjusted Net Income $990 million to $1.05 billion

Earnings per Diluted Share $1.78 to $1.88

Adjusted Earnings per Diluted Share $1.90 to $2.00

Given the revised 2026 outlook, the Company is withdrawing the long-term financial framework introduced at its December 2024 Investor Day. Tractor Supply remains confident in its long-term market opportunity and expects to provide an updated long-term financial framework in conjunction with its fourth quarter 2026 earnings announcement.

Conference Call Information

Tractor Supply Company will hold a conference call today, Thursday, July 23, 2026 at 10 a.m. ET. The call will be webcast live at IR.TractorSupply.com.

Please allow extra time prior to the call to visit the site and download the streaming media software required to access the webcast.

A replay of the webcast will also be available at IR.TractorSupply.com shortly after the call concludes.

About Tractor Supply Company

For more than 85 years, Tractor Supply Company (NASDAQ: TSCO) has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 290 on the Fortune 500. The Company’s more than 54,000 Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

As part of the Company’s commitment to caring for animals of all kinds, Tractor Supply is proud to include Petsense by Tractor Supply, a pet specialty retailer, Allivet, a leading online pet and animal pharmacy, and VIP Petcare, the largest provider of mobile veterinary care in the United States, in its family of brands. Together, Tractor Supply is able to provide comprehensive solutions for pet care, livestock wellness and rural living, ensuring customers and their animals thrive. From its stores to the customer’s doorstep, Tractor Supply is here to serve and support Life Out Here.

As of June 27, 2026, the Company operated 2,463 Tractor Supply stores in 49 states and 209 Petsense by Tractor Supply stores in 23 states. For more information, visit www.tractorsupply.com and www.Petsense.com.

###

Forward-Looking Statements

This press release contains certain forward-looking statements, including statements regarding market share gains, value creation, customer trends, new stores and distribution centers, store closures, property development plans, return of capital, financial guidance for fiscal 2026, including net sales, comparable store sales, operating margin rates, adjusted operating margin rates, net income, adjusted net income, earnings per diluted share, adjusted earnings per diluted share, and share repurchases, and expectations regarding a future long-term financial framework. All forward-looking statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, are subject to the finalization of the Company’s quarterly financial and accounting procedures, and may be affected by certain risks and uncertainties, any one, or a combination, of which could materially affect the results of the Company’s operations. Forward-looking statements are usually identified by or are associated with such words as “will,” “intend,” “would,” “expect,” “continue,” “believe,” “anticipate,” “optimistic,” “forecasted” and similar terminology. Actual results could vary materially from the expectations reflected in these statements. As with any business, all phases of our operations are subject to factors outside of our control. These factors include, without limitation, the impact of the recent and potential future tariff announcements and the corresponding macroeconomic pressures and those factors discussed in the “Risk Factors” section of the Company’s Annual Reports on Form 10-K and other filings with the Securities and Exchange Commission. Forward-looking statements made by or on behalf of the Company are based on knowledge of its business and the environment in which it operates, but because of the factors listed above, actual results could differ materially from those reflected by any forward-looking statements. Consequently, all of the forward-looking statements made are qualified by these cautionary statements and those contained in the Company’s most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. There can be no assurance that the results or developments anticipated by the Company will be realized or, even if substantially realized, that they will have the expected consequences to or effects on the Company or its business and operations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not undertake any obligation to release publicly any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.

(Financial tables to follow)

Consolidated Statements of Income

(Unaudited)

(in thousands, except per share and percentage data)

For the Fiscal Three

For the Fiscal Six

Months Ended Months Ended

June 27,

2026 June 28,

2025 June 27,

2026 June 28,

2025

% of % of % of % of

Net Net Net Net

Sales Sales Sales Sales

Net sales $ 4,541,314 100.00% $ 4,439,729 100.00% $ 8,133,360 100.00% $ 7,906,682 100.00%

Cost of merchandise sold 2,858,705 62.95 2,799,755 63.06 5,149,566 63.31 5,011,285 63.38

Gross profit

1,682,609 37.05 1,639,974 36.94 2,983,794 36.69 2,895,397 36.62

Selling, general and administrative expenses 1,021,899 22.50 940,063 21.17 1,963,052 24.14 1,826,269 23.10

Depreciation and amortization 130,848 2.88 122,099 2.75 257,449 3.17 242,179 3.06

Impairment expense 62,747 1.38 — — 62,747 0.77 — —

Operating income

467,115 10.29 577,812 13.01 700,546 8.61 826,949 10.46

Interest expense, net

17,103 0.38 17,983 0.41 36,211 0.45 37,624 0.48

Income before income taxes

450,012 9.91 559,829 12.61 664,335 8.17 789,325 9.98

Income tax expense

89,297 1.97 129,786 2.92 139,096 1.71 179,913 2.28

Net income

$ 360,715 7.94% $ 430,043 9.69% $ 525,239 6.46% $ 609,412 7.71%

Net income per share - basic $ 0.69 $ 0.81 $ 1.00 $ 1.15

Net income per share - diluted $ 0.69 $ 0.81 $ 1.00 $ 1.14

Weighted average shares outstanding:

Basic 523,729 530,331 525,068 531,030

Diluted 524,615 532,205 526,416 533,152

Dividends declared per common share outstanding $ 0.24 $ 0.23 $ 0.48 $ 0.46

Note: Percent of net sales amounts may not sum to totals due to rounding.

Consolidated Statements of Comprehensive Income

(Unaudited)

(in thousands)

For the Fiscal Three

For the Fiscal Six

Months Ended Months Ended

June 27,

2026 June 28,

2025 June 27,

2026 June 28,

2025

Net income $ 360,715 $ 430,043 $ 525,239 $ 609,412

Other comprehensive loss:

Change in fair value of interest rate swaps, net of taxes — — — (1,217)

Total other comprehensive loss — — — (1,217)

Total comprehensive income $ 360,715 $ 430,043 $ 525,239 $ 608,195

Consolidated Balance Sheets

(Unaudited)

(in thousands)

June 27,

2026 June 28,

2025

ASSETS

Current assets:

Cash and cash equivalents $ 231,588 $ 225,810

Inventories 3,518,451 3,090,306

Prepaid expenses and other current assets 298,482 227,649

Income taxes receivable 205,995 —

Total current assets 4,254,516 3,543,765

Property and equipment, net 3,223,898 2,884,660

Operating lease right-of-use assets 4,110,840 3,655,729

Goodwill and other intangible assets 506,249 399,622

Other assets 66,318 75,019

Total assets $ 12,161,821 $ 10,558,795

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:

Accounts payable $ 1,760,347 $ 1,519,094

Accrued employee compensation 74,935 72,305

Other accrued expenses 878,948 614,221

Current portion of finance lease liabilities 10,315 3,437

Current portion of operating lease liabilities 463,556 410,249

Income taxes payable 1,648 143,346

Total current liabilities 3,189,749 2,762,652

Long-term debt 2,153,826 1,673,472

Finance lease liabilities, less current portion 42,933 26,318

Operating lease liabilities, less current portion 3,874,348 3,443,879

Deferred income taxes 100,109 19,841

Other long-term liabilities 169,291 142,324

Total liabilities 9,530,256 8,068,486

Stockholders’ equity:

Common stock 7,136 7,124

Additional paid-in capital 1,473,959 1,399,333

Treasury stock (6,641,872) (6,191,887)

Retained earnings 7,792,342 7,275,739

Total stockholders’ equity 2,631,565 2,490,309

Total liabilities and stockholders’ equity $ 12,161,821 $ 10,558,795

Consolidated Statements of Cash Flows

(Unaudited)

(in thousands)

For the Fiscal Six Months Ended

June 27,

2026 June 28,

2025

Cash flows from operating activities:

Net income $ 525,239 $ 609,412

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization 257,449 242,179

Impairment expense 62,747 —

Gain on disposition of property and equipment

(41,465) (33,421)

Share-based compensation expense 33,162 25,976

Deferred income taxes (3,010) (24,054)

Change in assets and liabilities:

Inventories (429,655) (231,907)

Prepaid expenses and other current assets (91,619) (26,400)

Accounts payable 363,375 271,691

Accrued employee compensation (39,906) (28,848)

Other accrued expenses 178,720 (15,892)

Income taxes (177,303) 160,308

Other 15,402 53,531

Net cash provided by operating activities

653,136 1,002,575

Cash flows from investing activities:

Capital expenditures (435,713) (351,644)

Proceeds from sale of property and equipment 69,938 42,906

Acquisition of VIP Petcare, net of cash acquired (129,838) —

Acquisition of Allivet, net of cash acquired — (139,936)

Net cash used in investing activities

(495,613) (448,674)

Cash flows from financing activities:

Borrowings under debt facilities 3,000,000 1,315,000

Repayments under debt facilities (2,610,000) (1,475,000)

Debt issuance costs (2,506) —

Principal payments under finance lease liabilities (1,445) (2,056)

Repurchase of shares to satisfy tax obligations (14,384) (14,482)

Repurchase of common stock (253,607) (169,979)

Net proceeds from issuance of common stock 13,920 11,315

Cash dividends paid to stockholders (252,022) (244,380)

Net cash used in financing activities

(120,044) (579,582)

Net increase (decrease) in cash and cash equivalents

37,479 (25,681)

Cash and cash equivalents at beginning of period 194,109 251,491

Cash and cash equivalents at end of period $ 231,588 $ 225,810

Selected Financial and Operating Information

(Unaudited)

For the Fiscal Three

For the Fiscal Six

Months Ended Months Ended

June 27,

2026 June 28,

2025 June 27,

2026 June 28,

2025

Sales Information:

Comparable store sales increase/(decrease) (1.5) % 1.5 % (0.6) % 0.5 %

New store sales (% of total sales) 3.6 % 2.9 % 3.4 % 2.8 %

Average transaction value $63.70 $63.68 $60.91 $60.51

Comparable store average transaction value increase/(decrease) (a)

0.2 % 0.5 % 0.8 % (1.0) %

Comparable store average transaction count increase/(decrease) (1.7) % 1.0 % (1.4) % 1.5 %

Total selling square footage (000’s) 41,877 39,755 41,877 39,755

Owned Brands and Exclusive Product Categories (% of total sales) (b)

29.0 % 27.6 % 30.2 % 29.5 %

Imports (% of total sales) 10.7 % 10.9 % 10.7 % 11.1 %

Store Count Information:

Tractor Supply

Beginning of period 2,435 2,311 2,395 2,296

New stores opened 28 24 68 39

Stores closed — — — —

End of period 2,463 2,335 2,463 2,335

Petsense by Tractor Supply

Beginning of period 206 206 207 206

New stores opened 3 2 3 4

Stores closed — (1) (1) (3)

End of period 209 207 209 207

Consolidated end of period 2,672 2,542 2,672 2,542

Pre-opening costs (000’s) $3,490 $4,764 $7,774 $7,276

Balance Sheet Information:

Average inventory per store (000’s) (c)

$1,231.0 $1,155.0 $1,231.0 $1,155.0

Inventory turns (annualized) 3.33 3.60 3.15 3.33

Share repurchase program:

Cost (000’s) (d)

$136,832 $72,822 $255,643 $166,649

Average purchase price per share $34.92 $51.10 $40.86 $52.89

(a) Comparable store average transaction value changes include the impact of transaction value changes achieved on the current period change in transaction count.

(b) Beginning in the fiscal year ended December 27, 2025, the metric of exclusive brands as a percentage of total sales, which historically included only Tractor Supply Owned Brands, was revised to include both Tractor Supply Owned Brands and Exclusive Product Categories as a percentage of total sales. Prior period amounts have been recast to conform to the current year presentation.

(d) Effective January 1, 2023, the Company’s share repurchases are subject to a 1% excise tax as a result of the Inflation Reduction Act of 2022. Excise taxes incurred on share repurchases represent direct costs of the repurchase and are recorded as a part of the cost basis of the shares within treasury stock.

Note: Comparable store metrics percentages may not sum to total due to rounding.

For the Fiscal Three

For the Fiscal Six

Months Ended Months Ended

June 27,

2026 June 28,

2025 June 27,

2026 June 28,

2025

Capital Expenditures (in millions):

New stores, relocated stores and stores not yet opened $ 91.5 $ 85.3 $ 185.2 $ 144.8

Existing stores 71.1 58.4 123.7 101.4

Information technology 39.3 42.8 73.4 68.8

Distribution center capacity and improvements 30.7 23.6 52.7 31.6

Corporate and other 0.5 0.2 0.7 5.0

Total $ 233.1 $ 210.3 $ 435.7 $ 351.6

Use of Non-GAAP Financial Measures

The Company reports its financial results in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). The Company also uses certain non-GAAP measures that fall within the meaning of Securities and Exchange Commission Regulation G and Regulation S-K Item 10(e), which may provide users of the financial information with additional meaningful comparison to prior reported results. Non-GAAP measures do not have standardized definitions and are not defined by U.S. GAAP. Therefore, the Company’s non-GAAP measures are unlikely to be comparable to similar measures presented by other companies. The presentation of these non-GAAP measures should not be considered in isolation from, as a substitute for, or as superior to the financial information presented in accordance with U.S. GAAP. The Company believes this information is useful in providing period-to-period comparisons of the results of our continuing operations.

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

(in thousands, except per share and percentage data)

For the Fiscal Three Months Ended

June 27,

2026

Impairment and Acquisition Costs (a)

June 27,

2026

(As Reported) (Adjustment) (As Adjusted)

% of % of % of

Net Net Net

Sales Sales Sales

Cost of merchandise sold $ 2,858,705 62.95% $ (5,926) (0.13)% $ 2,852,779 62.82%

Gross profit

$ 1,682,609 37.05% $ 5,926 0.13% $ 1,688,535 37.18%

Selling, general and administrative expenses (including depreciation, amortization, and impairment expense) $ 1,215,494 26.77% $ (75,291) (1.66)% $ 1,140,203 25.11%

Operating income $ 467,115 10.29% $ 81,217 1.79% $ 548,332 12.07%

Income before income taxes $ 450,012 9.91% $ 81,217 1.79% $ 531,229 11.70%

Income tax expense $ 89,297 1.97% $ 18,433 0.41% $ 107,730 2.37%

Net income $ 360,715 7.94% $ 62,784 1.38% $ 423,499 9.33%

Diluted net income per share $ 0.69 $ 0.12 $ 0.81

For the Fiscal Six Months Ended

June 27,

2026

Impairment and Acquisition Costs (a)

June 27,

2026

(As Reported) (Adjustment) (As Adjusted)

% of % of % of

Net Net Net

Sales Sales Sales

Cost of merchandise sold $ 5,149,566 63.31% $ (5,926) (0.07)% $ 5,143,640 63.24%

Gross profit $ 2,983,794 36.69% $ 5,926 0.07% $ 2,989,720 36.76%

Selling, general and administrative expenses (including depreciation, amortization, and impairment expense) $ 2,283,248 28.07% $ (75,291) (0.93)% $ 2,207,957 27.15%

Operating income $ 700,546 8.61% $ 81,217 1.00% $ 781,763 9.61%

Income before income taxes $ 664,335 8.17% $ 81,217 1.00% $ 745,552 9.17%

Income tax expense $ 139,096 1.71% $ 18,433 0.23% $ 157,529 1.94%

Net income $ 525,239 6.46% $ 62,784 0.77% $ 588,023 7.23%

Diluted net income per share $ 1.00 $ 0.12 $ 1.12

(a) Impairment and Acquisition Costs totaling $75.3 million are comprised of $33.2 million in goodwill and intangible asset impairment charges, $32.6 million in other impairment and restructuring charges, and $9.5 million in acquisition costs.

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v3.26.1

Cover Document

Jul. 23, 2026

Cover [Abstract]

Document Type

8-K

Document Period End Date

Jul. 23, 2026

Entity Incorporation, State or Country Code

Entity File Number

000-23314

Entity Tax Identification Number

13-3139732

Entity Address, Street Name

5401 Virginia Way

Entity Address, City

Brentwood

Entity Address, State

Entity Address, Postal Zip Code

37027

City Area Code

615

Local Phone Number

440-4000

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

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Title of each class

Common Stock, $0.008 par value

Trading Symbol

TSCO

Name of each exchange on which registered

NASDAQ

Entity Emerging Growth Company

false

Entity Registrant Name

TRACTOR SUPPLY CO /DE/

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Entity Central Index Key

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Area code of city

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No definition available.

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Cover page.

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No definition available.

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For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Indicate if registrant meets the emerging growth company criteria.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

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Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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- Definition

Local phone number for entity.

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No definition available.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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- Definition

Title of a 12(b) registered security.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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- Definition

Name of the Exchange on which a security is registered.

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-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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- Definition

Trading symbol of an instrument as listed on an exchange.

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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