Tractor Supply Company’s shares rose after reporting second-quarter earnings of 81 cents per share, meeting analyst estimates. The company exceeded revenue expectations with $4.44 billion in sales, a 4.5% increase year over year, driven by new store openings and a rise in comparable store sales.

Comparable store sales grew 1.5% year over year, with a 1% increase in comparable average transaction growth. The company credited the growth to strong demand for consumable, usable, and edible products, as well as spring seasonal items, apparel, gifts, and décor.

Gross profit increased 5.4% to $1.64 billion, with a gross margin rate of 36.9%. Operating income also rose to $577.8 million in the second quarter of 2025. Tractor Supply opened 24 new stores and two new Petsense by Tractor Supply locations during the quarter.

Despite economic uncertainty and tariffs, Tractor Supply’s president and CEO, Hal Lawton, is confident in the company’s performance and reaffirmed its 2025 financial outlook. The company ended the quarter with $225.81 million in cash and $3.09 billion in inventories, with long-term debt decreasing to $1.67 billion.

Read more at Yahoo Finance: Tractor Supply’s New Stores Fuel Strong Sales, Solid Outlook