Franchise FAQ

does tractor supply franchise

by Rocky Heidenreich Published 2 years ago Updated 1 year ago
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Does Tractor Supply Company franchise its store operations? No. Tractor Supply Company owns and operates all its stores. Franchising of operations is not part of the Company's growth strategy.

What states have Tractor Supply?

Tractor Supply store locator United States displays complete list and huge database of Tractor Supply stores, factory stores, shops and boutiques in United States. Tractor Supply information: map of United States, shopping hours, contact information. 2. Select state... Alabama - AL Kentucky - KY Ohio - OH Pennsylvania - PA Tennessee - TN

Are Tractor Supply stores franchised?

Tractor Supply Company plans to open approximately 75-80 new Tractor Supply stores and 10 new Petsense stores in fiscal 2022. Does Tractor Supply Company franchise its store operations? No. Tractor Supply Company owns and operates all its stores.

Does Tractor Supply Co price match?

Tractor Supply Company offers a price match guarantee. If you find an identical item from a competitor for less, Tractor Supply Company will match the price for both in-store and online items. Exclusions include used, refurbished, or preowned versions of items.

Does Tractor Supply Co sell ducks?

To simplify, ducks carry a virus that is lethal to chickens, and can also affect humans. Ducks and chickens cannot be raised together because of this virus. Tractor Supply should educate store patrons to this fact by at least posting warning signs. Personally, if I were the manager of Tractor Supply, I would not even allow the sale of ducks.

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Is Tractor Supply independently owned?

TSC becomes privately owned through a leveraged buyout.

Is Tractor Supply a good investment?

A company's earnings performance is important for value investors as well. For fiscal 2022, eight analysts revised their earnings estimate higher in the last 60 days for TSCO, while the Zacks Consensus Estimate has increased $0.09 to $9.59 per share. TSCO also holds an average earnings surprise of 10.2%.

Who owns the most Tractor Supply stock?

The Vanguard Group, Inc.Top 10 Owners of Tractor Supply CoStockholderStakeTotal value ($)The Vanguard Group, Inc.11.17%2,305,355,138BlackRock Fund Advisors5.69%1,173,398,170SSgA Funds Management, Inc.4.17%860,619,939ClearBridge Investments LLC2.25%464,975,4746 more rows

Who is Tractor Supply's biggest competitor?

Tractor Supply's competitors and similar companies include TravelCenters of America, The Home Depot, Sherwin-Williams, Lumber Liquidators and Lowe's. Tractor Supply is a rural lifestyle retailer.

How do I buy Tractor Supply stock?

How do I purchase stock in Tractor Supply Company? You should contact a licensed stockbroker to purchase shares in the Company.

Does Tractor Supply stock pay a dividend?

TSCO pays a dividend of $3.28 per share. TSCO's annual dividend yield is 1.62%. Tractor Supply Co's dividend is lower than the US industry average of 5.34%, and it is lower than the US market average of 4.12%.

What was Tractor Supply before?

Tractor Supply Company History Timeline TSC was founded in 1938 by Charles E. Schmidt as a mail order tractor parts business, and today we've grown into the largest operator of retail farm stores in America. The company got its start in Minot, N.D. in 1938 as a mail order supplier of tractor parts.

Is Tractor Supply a Fortune 500 company?

The company has 2,000 stores and is headquartered in Brentwood, Tennessee. It is publicly traded on the NASDAQ under the ticker symbol TSCO and is a Fortune 500 company.

How many states is Tractor Supply in?

Founded in 1938 as a mail order tractor parts business, Tractor Supply Company (also referred to as TSC) owns and operates over 2,000 stores in 49 states supplying basic maintenance products to home, land, pet and animal owners.

Did Tractor Supply ever sell tractors?

Most Tractor Supply stores don't sell tractors, and its founder never worked a day of his life on a farm. The company began in 1938 as a mail-order catalog, selling tractor parts.

What stores are similar to Tractor Supply?

Tractor Supply Company competitors include The Home Depot, Ace Hardware, Harbor Freight Tools, Lowe's Home Improvement and LL Flooring. Tractor Supply Company ranks 3rd in Product Quality Score on Comparably vs its competitors.

Who is the CEO of Tractor Supply?

Hal Lawton (Jan 13, 2020–)Tractor Supply Company / CEOHal Lawton President and CEO During his tenure at Tractor Supply, Hal has led the Company through a period of unprecedented growth while introducing its Life Out Here strategy to drive sustainable growth.

What is a tractor supply company?

Tractor Supply Company ( TSCO) is an American retail chain of stores that offers products for home improvement, agriculture, lawn and garden maintenance, livestock, equine and pet care.

How many tractor supply stores are there in the US?

As of December 29, 2019, Tractor Supply Company operated 1,844 stores in 49 states.

How much did tractor supply make in 2004?

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.

Who owns Del's Feed and Farm Supply?

Tractor Supply also owns Del's Feed & Farm Supply, a farm retail chain in the Pacific Northwest and Hawaii, with all but two Del's stores having been converted into Tractor Supply stores.

Who is the founder of tractor supply?

Charles Schmidt founded Tractor Supply Company in Chicago in 1938 as a mail-order catalog that sold tractor parts to working farms. The first retail store was founded in 1939 in Minot, North Dakota. From 1941 to 1946, the company opened stores in Nebraska, Minnesota and Iowa.

When did TSCO go public?

On February 17, 1994, the company went public on the NASDAQ under the ticker symbol TSCO.

How many tractor supply stores will be open in 2021?

Tractor Supply Company plans to open approximately 80 new Tractor Supply stores and 10 new Petsense stores in fiscal 2021.

When does tractor supply end?

Tractor Supply Company’s fiscal year ends on the last Saturday in December. Therefore, for 2021, the fiscal year will end on December 25, 2021.

When is tractor supply meeting 2021?

Tractor Supply Company's 2021 Annual Meeting of Stockholders is scheduled to be held on May 6, 2021 at 10:00 a.m. CT / 11:00 a.m. ET. The meeting will be conducted via a live webcast where shareholders of record will be able to vote electronically and submit questions during the meeting.

When will tractor supply earnings be released?

The date of release for Tractor Supply Company's earnings for the fourth quarter 2021 is tentatively scheduled for January 27, 2022 before the market opens.

When is tractor supply conference call 2021?

The date and time for the conference call to discuss Tractor Supply Company's earnings for the fourth quarter 2021 has been tentatively set for January 27, 2022 at 10:00 a.m. ET. The call will be simulcast and can be accessed by a link at this website.

Who to contact to buy shares in a company?

You should contact a licensed stockbroker to purchase shares in the Company.

How much has tractor supply contributed to FFA?

Since 1985, we have contributed over $11.2 million to support education and scholarship programs that are preparing students for premier leadership, personal growth and career success through agricultural education. This support allows thousands of members from across the country to pursue interests ranging from animal production to ag mechanics and landscape management to vegetable production. In total, Tractor Supply sponsors 8 proficiency areas. Read more about our partnership and the many ways we support FFA.

Where is tractor supply located?

Headquartered in Brentwood, Tennessee, Tractor Supply supports a variety of nonprofit organizations in Middle Tennessee. For nearly 15 years, Tractor Supply has enjoyed a partnership with the United Way of Williamson County (UWWC) and represents the largest employer donations to UWWC.

When did tractor supply sponsor FFA?

Tractor Supply has been one of the longest and largest sponsors of FFA, dating back to 1985.

When was the FFA founded?

FFA. In 1928 , the National FFA Organization was founded by a group of young farmers to prepare future generations for the challenges of feeding a growing nation. Today the organization grows future biologists, chemists, veterinarians and engineers.

Why Explore A Farm Stores Franchise?

Farm Stores is America’s largest and original drive-thru grocery store. We’ve been a favorite neighborhood stop for generations of Floridians since 1957.

What is a farm store?

Farm Stores sells the grocery and foodservice items that consumers purchase most frequently and delivers them in the most convenient way possible – via small, drive-thru locations.

Does a franchise need a FDD?

This website and the information contained herein does not constitute the offer or sale of a franchise. There are certain states that require the registration of a FDD before the franchisor can advertise or offer the franchise in that state. This franchise may not be registered in all registration states and may not offer franchises to residents of those states or to persons wishing to locate a franchise in those states until compliance guidelines are met. The offer and sale of a franchise can only be made through the delivery and receipt of a Franchise Disclosure Document (FDD).

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Overview

Tractor Supply Company (also known as TSCO or TSC), founded in 1938, is an American retail chain of stores that sells products for home improvement, agriculture, lawn and garden maintenance, livestock, equine and pet care for recreational farmers and ranchers, pet owners, and landowners. The company has 2,000 stores and is headquartered in Brentwood, Tennessee. It is publicly t…

History

Charles Schmidt founded Tractor Supply Company in Chicago in 1938 as a mail-order catalog that sold tractor parts to working farms. The first retail store was founded in 1939 in Minot, North Dakota. From 1941 to 1946, the company opened stores in Nebraska, Minnesota and Iowa.
On January 14, 1959, Tractor Supply became publicly traded on the Over-The-Counter Market and reached $10 million in sales. The company was later traded on the New York Stock Exchange.

Products

Tractor Supply carries between 15,500-20,000 products in store, including work and recreational clothing, lawn and garden tools, home goods, fencing, truck beds, chicken coops, pet food, and feed for farm animals. Around 15 percent of in-store products are unique to the store’s region. Online, the company offers thirteen product categories and sells between 125,000-150,000 products.

Operation

Tractor Supply's mission statement is: "To work hard, have fun and make money by providing legendary service and great products at everyday low prices." In the mid-2000s, Tractor Supply conducted advertising campaigns featuring the slogan "The Stuff You Need Out Here." The company’s tagline later became “For Life Out Here.”
From 1998 to 2002, George Strait was the spokesman for Tractor Supply.

Corporate affairs

The company has been a sponsor for 4-H since 2010. In the fall of 2021, Tractor Supply raised $1.3 million for 4-H members through their Paper Clover campaign. In 2016, the company started its Grants for Growing program to raise money for FFA students. In 2021, the company raised $790,269.
In 2019, Tractor Supply started working with the MuttNation Foundation, a nonprofit founded by Miranda …

Acquisitions and subsidiaries

In 2002, Tractor Supply 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. The company 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. In September 2016, Tractor Supply acquired Petsense, LLC, a small-box specialty retailer of pet supplies primarily located in …

Maternity litigation

A lawsuit filed against the company by former employee Melissa Douglas claims the company violated the Americans with Disabilities Act when it refused to offer her modified work duties while she was pregnant.

TSC Stores L.P. (Canada)

In November 1966, TSC opened its first Canadian location in London, Ontario. The Canadian stores have not been affiliated with the U.S. operation of TSC since 1987, when the American parent company sold these locations to Birch Hill Equity Partner., an investment company based in Toronto. In July 2016, Peavey Mart acquired a controlling stake in TSC, and later acquired the company outright. In 2016, the Manitoba TSC stores were rebranded as Peavey Mart, while Onta…

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