News | Second quarter

Back

Tractor Supply's net sales increase by 13.4 per cent

Tractor Supply is positioned as the largest rural lifestyle retailer in the United States.

Tractor Supply is positioned as the largest rural lifestyle retailer in the United States.

The US chain Tractor Supply increased its sales in the second quarter by 13.4 per cent compared with the same period in the previous year to USD 3.60 bn (EUR 3.03 bn). Comparable sales growth was 10.5 per cent compared with the second quarter of 2020 and 41.0 per cent compared with the same period in 2019. The increase in comparable store sales was driven by robust growth in everyday merchandise, including consumable, usable and edible products, and solid demand for spring and summer seasonal categories, according to the company.

In addition, the retailer experienced a record sales quarter in its e-commerce business, although no detailed information on this was released. During the second quarter of 2021, the company opened eleven new Tractor Supply stores and one new Petsense store. It closed four Petsense stores.

Net sales for the first six months of 2021 increased by 24.5 per cent to USD 6.39 bn (EUR 5.39 bn). Comparable store sales increased by 21.2 per cent.

Tractor Supply is positioned as the largest rural lifestyle retailer in the United States.

|20 July 2021 | 13:46


More about the company
SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Siam Global consolidated earnings up 30 per cent

The Thailand-based home improvement retail chain Siam Global House Public Company Ltd. disclosed a 30.17 per cent rise in sales for the first half of View news...

Garden fair Glee moved to June from 2022 onwards

After this year's edition of the garden fair Glee, which takes place in Birmingham from 14 to 16 September, the show will be moved to new dates in View news...

Mack is new consumer director

As of 1 August 2021, the supervisory board of Tesa SE has appointed Dr Andreas Mack as consumer director. The division is being reorganised and Mack View news...

The environment and labour rights attract DIY customers

With similarly high levels of agreement of around 70 per cent, four aspects of corporate social responsibility (CSR) play an important role in the View news...