Summary
Tractor Supply Co., with 2024 sales of $14.9 billion, offers a broad range of items for home, land, pet, and livestock owners who generally have above average income and a below average cost of living. TSCO, based in Brentwood, Tennessee, has five product categories: Livestock, Equine & Agriculture (26% of sales); Companion Animal (pet) (25% of sales); Seasonal & Recreation Products (23%); Hardware, Tools, and Truck (16%); and Clothing, Gift & Decorating (10%), as of year-end 2024. More than 85% of the company’s customers have pets and animals. The company ended 3Q25 with 2,570 stores in 49 states: 2,364 under the Tractor Supply banner and 206 Petsense stores. More than 2,300 stores are in ‘rural America.’ Sixty-one percent of stores are freestanding, and 39% are in shopping centers, as of year-end 2024. Texas has 261 stores. North Carolina has 122; Florida, 115; Georgia, 116; Pennsylvania, 114; Michigan, 109; Tennessee, 105; and Ohio, 105, as of year-end 2024. Stores are typically an hour, or more, outside of major cities. Digital sales are about 8% of the company’s total. The goal is 10%-12%.
Formed in 1982 from the assets of a catalog company that had been selling farm supplies since 1938, T
