Tractor Supply Co

TSCO: Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,181 of its namesake banners in 49 states, along with 192 Petsense by Tractor Supply stores and 81 Orscheln Farm and Home stores (to be converted to Tractor Supply banners). Stores are generally concentrated in rural communities, as opposed to urban and suburban areas. In fiscal 2022, revenue consisted primarily of livestock and pet (50%), hardware, tools, and truck (19%), and seasonal gift and toy (21%).