Tractor Supply (TSCO) Revenue — Quarter Ended Jul 1, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was notably stronger than the year-over-year increase.
Key takeaway
Quarter ended Jul 1, 2023 · FY2023 Q2
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was notably stronger than the year-over-year increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+26.8%
Change from the immediately preceding quarter.
Year-over-year
+7.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.8B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 24, 2022 | $3.3B | +8.4% |
| Dec 31, 2022 | $4B | +20.7% |
| Apr 1, 2023 | $3.3B | +9.1% |
| Jul 1, 2023 | $4.2B | +7.2% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, continuing an upward trajectory. The year-over-year comparison also showed an increase, though at a more moderate pace.
Quarterly comparison
Compared to the prior quarter, revenue growth was substantial. Versus the same quarter one year earlier, revenue also increased, but the rate of change was lower than the sequential gain.
What to watch
The sequential revenue acceleration may warrant monitoring for sustainability in upcoming quarters.