BRIEF-Tractor Supply CEO Says Confident In Ability To Navigate Tariffs As It Evolves
Jan 30 (Reuters) - Tractor Supply Co TSCO.O:
TRACTOR SUPPLY CEO SAYS IN RESPECT TO TARIFFS UNDER NEW PRESIDENT, CONFIDENT IN ABILITY TO NAVIGATE CIRCUMSTANCES AS IT EVOLVES - CONF. CALL
TRACTOR SUPPLY EXEC - WE HAVE CONTINUED TO DIVERSIFY OUR COUNTRY OF ORIGIN FOR IMPORTS, ONLY HAVE ABOUT 12% OR SO OF SALES THAT ARE DIRECT IMPORTS
TRACTOR SUPPLY EXEC- DUE TO FLUID NATURE OF DISCUSSION ON TARIFFS, ANNUAL FORECAST DOES NOT ASSUME CHANGES IN TARIFFS AT THIS TIME
TRACTOR SUPPLY EXEC- EXPECT TO SELL AN INCREMENTAL 2 TO 4 EXISTING STORES TO FUND STEP-UP IN NEW STORES FROM 80 TO 90 IN 2025
TRACTOR SUPPLY EXEC - ANTICIPATE COMP SALES WILL BE MODESTLY STRONGER IN H2 AS COMPARES EASE, HEADWIND FROM DEFLATION MODERATES
TRACTOR SUPPLY EXEC- BELIEVE WE ARE NEARING THE TROUGH NOW HAVING SUCCESSFULLY MANAGED THROUGH DEFLATION
Further company coverage: TSCO.O
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