10 Words From Tractor Supply's CEO That Could Spell Big Returns for Investors
It's no secret that Tractor Supply's (NASDAQ: TSCO) business benefited from pandemic-related changes in consumer shopping. The rural lifestyle retailer saw a sustained demand uptick as people focused more on home and pet care last year. Sales jumped 27% in 2020 compared to 3% in the prior year.
Investors have been bracing for a sharp slowdown as the COVID-19 threat lessens by late 2021. But, in a conference call with Wall Street analysts, CEO Hal Lawton and his team explained why their outlook for the business is brightening.
Let's look at some standout quotes from that presentation, including Lawton's summary of Tractor Supply's strong market share.
Source Fool.com
