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Tractor Supply Q4 profit up
Brentwood, Tenn. — Tractor Supply Co. reported that net income for the quarter was $79.5 million, compared with net income of $70.5 million in the fourth quarter of the prior year.
Net sales for the fourth quarter increased to $1.29 billion, or 3.7% over the prior year's 14-week period.
Same-store sales increased 4.7%, compared with a strong 7.6% increase in the prior-year period.
The company opened 25 new stores in fourth quarter 2012, compared with 31 new store openings in the prior year's fourth quarter.
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2012 Fastest-Growing Acquirers, 3P Managers and Top Developers
Shopping center companies: Receive recognition for your 2012 development, acquisition and third-party management activities. The 24th annual Chain Store Age “Fastest Growing” awards will recognize the most active shopping center owners, managers and acquirers for projects, contracts and transactions completed between January 1, 2012 and December 31, 2012.