For Life Out Here
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Public | |
Traded as |
NASDAQ: TSCO NASDAQ-100 Component S&P 500 Component |
Industry | Retail |
Founded | 1938 |
Headquarters | Brentwood, Tennessee, U.S. |
Number of locations
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1,617 |
Area served
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49 U.S. states |
Key people
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Gregory A. Sandfort - CEO |
Products | Clothing & Footwear,Dog, Cat & Pet Supplies,Trailers & Accessories,Lawn and Garden Supplies,Propane & Heating Supplies,Tools & Gun Safes,Fencing,Welders & Welding Supplies,Lawn Mowers & Power Generators, etc. |
Revenue | $6.8 billion (2016). |
$437.1 million (2016). | |
Number of employees
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26,000 |
Website | www.tractorsupply.com |
Tractor Supply Company (TSCO) is an American retail chain of stores that offers products for home improvement, agriculture, lawn and garden maintenance, and , equine and pet care. It is a leading U.S. retailer in its market.
Founded as a mail order tractor parts business in 1938, the first Tractor Supply Co. retail store was founded in 1939 in Minot, North Dakota. From 1998 to 2002, George Strait was the spokesman for Tractor Supply Company. TSC is headquartered in Brentwood, Tennessee, a suburb of Nashville.
In 2004, when the company reported revenues of more than US$1.7 billion, Fortune magazine named Tractor Supply to its list of the 100 fastest growing businesses. As of April 1, 2017, Tractor Supply Company operated 1,617 stores in 49 states,
On October 10, 2013, the company celebrated its 75th anniversary by ringing the opening bell at the Nasdaq stock exchange in New York.
Tractor Supply lists five major product categories. The and pet products category accounted for 46 percent of the company's sales in 2016. The category with the second highest sales was hardware, tools, truck and towing products, with 22 percent of sales. Seasonal products such as lawn and garden equipment, gifts and toys were 19 percent of sales, followed by clothing and footwear with 8 percent and agricultural products with 5 percent of sales.
The company has conducted advertising campaigns featuring the slogan "The Stuff You Need Out Here." Their mission statement is: "To work hard, have fun and make money by providing legendary service and great products at everyday low prices."
In September 2016, Tractor Supply Company acquired Petsense, LLC, a leading small-box specialty retailer of pet supplies primarily located in small and mid-size communities. In 2002, TSC was part of a group (also including four liquidation firms) that purchased some of the leases of the bankrupt Quality Stores, Inc., a Michigan-based company which at one time had operated over 300 stores in 30 states under the names CT Farm & Country; Country General; Quality Farm & Fleet; County Post; Central Farm and Fleet, and FISCO. The company also owns Del's Feed & Farm Supply, a farm retail chain in the Pacific Northwest and Hawaii.