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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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380 days ago
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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Canadian Dollar Falls Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Friday.
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Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves.
A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
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Major European Markets Close On Mixed Note
Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
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Positive Start Seen For Canadian Stocks
Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment.
Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
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UK Market Roughly Flat; Mining Stocks Move Higher
Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
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