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Why Tractor Supply Company Shares Are Falling After Q1 Earnings
Tractor Supply Company (NASDAQ:TSCO) shares are trading lower after the company reported first-quarter earnings per share of $1.83, beating the analyst consensus of $1.71.
Quarterly revenues of $3.395 billion were in line with the estimates, rising 2.9% year over year.
Comparable store sales, which increased 1.1%, slowed compared to the prior year (2.1% growth for the previous year’s first quarter).
New store openings ...