3 Takeaways From Tractor Supply's Earnings Call
There's no end in sight for the rural lifestyle retailing boom. Tractor Supply's (NASDAQ: TSCO) recent earnings report showed double-digit percentage sales gains through late June, even as COVID-19 cases plummeted and consumers returned to more-normal movement patterns.
Management sees the good times extending deeper into 2021. In a conference call with Wall Street analysts, CEO Hal Lawton and his team explained how Tractor Supply is gaining market share by leaning on core competitive advantages. The outlook is brightening for earnings, too.
With that big picture in mind, let's look at three highlights from Tractor Supply's shareholder update.
Source Fool.com