Tractor Supply Guides FY23 EPS In Line With Estimates - Update

RTTNews | 825 days ago
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.

read more
Tractor Supply Adjusts FY24 Outlook - Update

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.
RTTNews | 279 days ago
UK House Prices Fall More Than Expected

UK House Prices Fall More Than Expected

UK house price declined more than expected in April following the end of stamp duty holidays, data from the Nationwide Building Society showed Wednesday. House prices logged a monthly drop of 0.6 percent after remaining flat in March. The decline was worse than economists' forecast of 0.1 percent. On a yearly basis, house price growth eased to 3.4 percent from 3.9 percent in the previous month.
RTTNews | 51 minutes ago
China Manufacturing Activity Shrinks On Weak Exports

China Manufacturing Activity Shrinks On Weak Exports

China's manufacturing activity contracted in April as tariff threats damped export orders, official purchasing managers' survey data from the National Bureau of Statistics revealed Wednesday. The official manufacturing PMI slid to 49.0 in April from 50.5 in March. This was the lowest score in 16 months and also remained below forecast of 49.7.
RTTNews | 1h 15min ago
French Economy Recovers In Q1

French Economy Recovers In Q1

The French economy avoided a technical recession in the first quarter with a marginal expansion, official data revealed on Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent, flash data from the statistical office INSEE revealed. The rate came in line with expectations.
RTTNews | 2h 34min ago