Here's Why Tractor Supply Stock Slipped Today
Shares of retail chain Tractor Supply (NASDAQ: TSCO) slipped on Thursday after the company reported financial results for its fourth quarter of 2024. As of 10:45 a.m. ET today, its stock was down about 5%.
Tractor Supply stock is slipping because of several little disappointments, nothing major. The company had fourth quarter net sales of nearly $3.8 billion, which was up 3% year over year. And its fourth quarter earning per share (EPS) of $0.44 only slipped 3% from last year. But both of these numbers fell just short of expectations.
Moreover, the rural lifestyle retailer's guidance for 2025 didn't help much. Management expects single-digit sales growth and full-year EPS of $2.10 to $2.22.
Source Fool.com
