Tractor Supply Keeps on Creating Value for Shareholders

A few weeks ago, I made the case that Tractor Supply (NASDAQ: TSCO) was a hidden gem in the retail industry. Amazon.com's (NASDAQ: AMZN) onslaught may have put several bricks-and-mortar retailers out of business in recent years, but Tractor Supply's rural customer demographic, with its recurring-purchase behavior, significantly insulates it from the e-commerce juggernaut.

The company reported third-quarter earnings a few weeks back, and my colleague Demitrios Kalogeropoulos provided a fine recap of the results, noting the company's 6.6% increase in same-store sales and its 35 new store locations. Wall Street nodded in approval of the report, and the stock is up a modest 5% since then.

Image source: TractorSupply.com.

Source: Fool.com