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, United States |
Number of locations
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1,488 |
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 | $6.2 billion (2015). |
$410.4 million (2015). | |
Number of employees
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11,000 |
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. 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 December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states, and operated an online store at TractorSupply.com.
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 44 percent of the company's sales in 2014. 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 20 percent of sales, followed by clothing and footwear with 9 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 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.