Can Tractor Supply Co. Rake It In?
Ron Sommer submits:
The term, “gentleman farmer”, evokes for me an image of the English countryside. I see tidy villages and thatch roofs. Closer to home, I see the retail farm and ranch stores operated by Tractor Supply Company (Nasdaq: TSCO). Tractor Supply is the largest retail farm and ranch store chain in the United States. The Company operates more than 900 retail stores in 44 states in towns' outlying metropolitan markets and rural communities. It also sells through a website. Tractor Supply is a niche retail operation. Its stores compete with the big-box home centers Home Depot (HD) and Lowe's (LOW) but provide a more specialized experience and product line. The Company sells equine, pet and small animal products, including health-related products and feed, among others; hardware and seasonal products including lawn and garden supplies and equipment; clothing for the entire family; and, maintenance products for the farm.Complete Story »