Tractor Supply (TSCO) Revenue — Quarter Ended Mar 30, 2024
Revenue declined from the prior quarter but rose from the same quarter last year. The quarterly trend shows a sequential decrease after the prior quarter's level.
Key takeaway
Quarter ended Mar 30, 2024 · FY2024 Q1
Revenue declined from the prior quarter but rose from the same quarter last year. The quarterly trend shows a sequential decrease after the prior quarter's level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.4B
Revenue reported for this quarter.
Quarter-over-quarter
-7.2%
Change from the immediately preceding quarter.
Year-over-year
+2.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.7B
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 |
|---|---|---|
| Jul 1, 2023 | $4.2B | +7.2% |
| Sep 30, 2023 | $3.4B | +4.3% |
| Dec 30, 2023 | $3.7B | -8.6% |
| Mar 30, 2024 | $3.4B | +2.9% |
Revenue performance
The quarter's revenue direction reflected a decline compared to the previous quarter. This was partly offset by year-over-year growth.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. Compared to the same quarter one year earlier, revenue increased.
What to watch
Inventory levels increased from the end of the prior quarter, consistent with the seasonal buildup described in the filing.