Brentwood, Tennessee-based Tractor Supply Company (NASDAQ: TSCO) reported that 2021 fourth-quarter net sales increased 15.3% over the same period in 2020, while fiscal-year net sales jumped nearly 20%.
Net sales for the fourth quarter 2021 increased to $3.32 billion from $2.88 billion in the fourth quarter of 2020.
Fourth-quarter diluted earnings per share was $1.93, and fiscal 2021 diluted EPS was $8.61.
“Tractor Supply had an outstanding fourth quarter, capping off a record year of sales and earnings in 2021,” said Hal Lawton, Tractor Supply’s president and CEO. “Thank you to our 46,000 Team Members for their hard work, passion and dedication to Life Out Here. Today, our business is substantially stronger than before the pandemic. Our resilient and differentiated business model has allowed us to capitalize on the structural consumer trends benefiting our business, and we believe we have a long growth runway ahead of us. We have strong momentum in our business, and our results demonstrate that our multiyear Life Out Here strategy is working.”