Tractor Supply Company (NASDAQ: TSCO) is the largest rural lifestyle retailer in the U.S., with over 85 years of experience serving the needs of farmers, ranchers, homeowners, and pet enthusiasts. As of September 30, 2023, Tractor Supply operated 2,198 stores in 49 states. In addition to its flagship brand, Tractor Supply Company also owns and operates Petsense by Tractor Supply, a small-box pet specialty supply retailer that operates 195 stores in 23 states. Tractor Supply acquired 81 stores from Orscheln Farm and Home in 2022, which will be rebranded as Tractor Supply stores by the end of 2023. It is committed to providing an extensive range of products and legendary service to support the rural lifestyle and DIY needs of its customers.

Key Takeaways:

  • Tractor Supply Company is the largest rural lifestyle retailer in the U.S.
  • Tractor Supply owns and operates Petsense by Tractor Supply, a pet specialty supply retailer.
  • Tractor Supply acquired 81 stores from Orscheln Farm and Home.
  • The company is committed to serving the rural lifestyle and DIY needs of its customers.
  • Tractor Supply offers an extensive range of products and legendary service.

Tractor Supply’s Growth and Success

Tractor Supply Company (NASDAQ: TSCO) has experienced remarkable growth and achieved significant success in terms of revenue and store expansion. With its strong performance, Tractor Supply has solidified its position as a Fortune 500 company and continues to establish itself as a leader in the rural lifestyle retail industry.

In 2021, Tractor Supply reported a robust revenue of $12.731 billion, demonstrating its ability to generate substantial earnings. This impressive financial performance showcases the company’s effectiveness in meeting the diverse needs of its customers and delivering value through its range of products and services.

To further fuel its growth, Tractor Supply has implemented an expansion strategy aimed at increasing its footprint in the market. The company plans to add 100 new stores to its existing 2,198 locations, bringing the total store count to 2,800. This expansion effort reflects Tractor Supply’s commitment to serving more customers and communities across the United States.

Tractor Supply Revenue:

Year Revenue (in billions)
2021 $12.731

Tractor Supply Store Growth:

Current Store Count Planned Expansion Total Projected Stores
2,198 100 2,800

Tractor Supply’s growth and success can be attributed to its unwavering commitment to exceptional customer service and its dedication to meeting the unique needs of rural communities. By providing a wide range of products and delivering legendary service, Tractor Supply has established itself as the go-to destination for farmers, ranchers, homeowners, and pet enthusiasts alike.

In the next section, we will explore Tractor Supply’s strategic acquisitions and subsidiaries that contribute to its overall portfolio and further enhance its ability to fulfill the needs of its customers.

Tractor Supply’s Acquisitions and Subsidiaries

Tractor Supply has strategically pursued acquisitions to bolster its market presence and cater to diverse customer needs. In an important move, the company successfully acquired Orscheln Farm and Home in 2022, after receiving clearance from the Federal Trade Commission. This acquisition added 81 stores to Tractor Supply’s portfolio, further expanding its footprint in the Midwest region.

Tractor Supply’s acquisition strategy aligns with its commitment to providing exceptional service and value to rural communities. By diversifying its offerings and reaching new markets, the company aims to better serve the unique needs of farmers, ranchers, homeowners, and pet enthusiasts.

Furthermore, Tractor Supply’s portfolio includes Petsense by Tractor Supply, a small-box pet specialty supply retailer. This subsidiary operates independently, augmenting Tractor Supply’s ability to cater to pet owners and pet enthusiasts.

In essence, Tractor Supply’s acquisitions and subsidiaries exemplify the company’s dedication to growth and innovation. By strategically expanding its reach and diversifying its offerings, Tractor Supply continues to strengthen its position as the leading rural lifestyle retailer in the United States.

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FAQ

What companies does Tractor Supply own?

Tractor Supply Company owns Petsense by Tractor Supply, a small-box pet specialty supply retailer that operates independently. Additionally, Tractor Supply acquired Orscheln Farm and Home, which will be rebranded as Tractor Supply stores by the end of 2023.

What is Tractor Supply’s growth and success?

Tractor Supply Company reported revenue of $12.731 billion in 2021, solidifying its position as a Fortune 500 company. With a steady expansion strategy, the company plans to increase its store count to 2,800 locations.

What are Tractor Supply’s acquisitions and subsidiaries?

Tractor Supply acquired Orscheln Farm and Home, adding 81 stores to its portfolio. Tractor Supply also owns Petsense by Tractor Supply, a small-box pet specialty supply retailer that operates independently. These acquisitions demonstrate Tractor Supply’s commitment to diversifying its offerings and expanding its presence in the rural lifestyle market.

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