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Tractor Supply Guides FY23 EPS In Line With Estimates - Update
(RTTNews) - While reporting financial results for the fourth quarter on Thursday, rural lifestyle retailer Tractor Supply Co. (TSCO) initiated earnings, net sales and comparable store sales guidance for the full-year 2023.
Looking ahead to fiscal 2023, the company now projects earnings in a range of $10.30 to $10.60 per share on net sales between $15.0 billion and $15.3 billion, with comparable store sales growth of 3.5 to 5.5 percent.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $10.47 per share on revenues of $15.08 billion for the quarter. Analysts' estimates typically exclude special items.
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Tractor Supply Adjusts FY24 Outlook - Update
While reporting financial results for the second quarter on Thursday, rural lifestyle retailer Tractor Supply Co. (TSCO) slighted adjusted its earnings, net sales and comparable store sales guidance for the full-year 2024.
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Tractor Supply Guides FY24 EPS In Line With Estimates - Update
While reporting financial results for the fourth quarter on Thursday, rural lifestyle retailer Tractor Supply Co. (TSCO) initiated its earnings, net sales and comparable store sales guidance for the full-year 2024.
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il y a 560
Canadian Market Remains In Negative Territory After Weak Start
The Canadian market, which opened on a weak note Thursday morning, continues to languish in negative territory well past noon, weighed down by losses in technology and industrials sectors.
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Swiss Market Ends Modestly Higher After Mild Struggle
The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
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Major European Markets Close On Positive Note
Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
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U.S. Producer Price Growth Far Exceeds Estimates In July
Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
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U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000
The Labor Department released a report on Thursday unexpectedly showing a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 9th. The report said initial jobless claims dipped to 224,000, a decrease of 3,000 from the previous week's revised level of 227,000.
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UK GDP Rises More Than Expected
The UK economy expanded more than expected in the second quarter but the overall growth softened as US frontloading propelled growth at the start of the year. Gross domestic product expanded 0.3 percent in the second quarter largely driven by growth in the service sector, the Office for National Statistics reported Thursday.
Although the rate was stronger than the expected growth of 0.1 pe
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