Thursday, October 18, 2018

The Retail Apocalypse Can’t Keep Tractor Supply Co. Down

Bloomberg
Tractor Supply The 80-year-old business has seen sales grow 56 percent in the past five years, to $7.3 billion. Since 2012, the 80-year-old business has added 723 locations, and it plans to open 500 more in the U.S. over the next decade. Apparently the retail apocalypse hasn’t hit the hinterlands.

Tractor Supply’s profits have increased at an annual average of 9 percent since 2012, revenue at stores open more than a year has risen for eight consecutive years, and the company now collects $257 in annual sales per square foot of store.. . . more