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• TSC TRACTOR SUPPLY CO www.TractorSupply.com TRACTOR SUPPLY COMPANY REPORTS RECORD THIRD QUARTER 2021 FINANCIAL RESULTS Net Sales Increased 15.8 % ; Comparable Store Sales Increased 13.1 % on Top of 26.8 % Comparable Store Sales Growth Last Year Diluted Earnings per Share ( " EPS " ) Increased 20.4 % to $ 1.95 • Third Quarter 2021 Marks the Sixth Consecutive Quarter in Which Comparable Store Sales Have Grown More Than 10 % • Company Raises Fiscal 2021 Guidance Brentwood , Tenn . , October 21 , 2021 - Tractor Supply Company ( NASDAQ : TSCO ) , the largest rural lifestyle retailer in the United States , today reported financial results for its third quarter ended September 25 , 2021 . " The third quarter marks our sixth consecutive quarter of double - digit comparable store sales growth . We are once again very pleased with the overall performance of our business , which exceeded our expectations . Our outstanding results are indicative of the hard work and dedication of the more than 45,000 Team Members of Tractor Supply who are successfully navigating the challenging and ever - changing external environment , ” said Hal Lawton , Tractor Supply's President and Chief Executive Officer . " Over 18 months into the pandemic , our business has never been stronger . Our growth continues to be robust . Our customer trends remain structurally sound . We are continuing to gain market share and invest in the business to capture the significant opportunities ahead of us . As we advance our multiyear Life Out Here Strategy , we are beginning to realize the benefits from our strategic initiatives . Despite unprecedented pressures across our supply chain , we are raising our outlook for fiscal 2021 and are on track for a record year of sales and earnings , " Lawton added . Third Quarter 2021 Results Net sales for the third quarter 2021 increased 15.8 % to $ 3.02 billion from $ 2.61 billion in the third quarter of 2020. Comparable store sales increased 13.1 % , as compared to an increase of 26.8 % in the prior year's third quarter . Comparable store sales for the third quarter 2021 were driven by comparable average ticket growth and comparable average transaction count growth of 9.5 % and 3.6 % , respectively . The comparable store sales results were broad - based and reflect robust demand for everyday merchandise , including consumable , usable and edible ( " C.U.E. " ) products , and continued growth in summer seasonal categories . All geographic regions and major merchandising categories of the Company had comparable store sales growth . In addition , the Company's e - commerce sales experienced strong double - digit growth for the 37th consecutive quarter . Gross profit increased 14.5 % to $ 1.09 billion from $ 948.0 million in the prior year's third quarter , and gross margin decreased 41 basis points to 36.0 % from 36.4 % in the prior year's third quarter . The Company's price management actions , primarily due to inflationary cost pressures , and other margin driving initiatives were able to offset most of the impact from significant product cost inflation pressures , higher transportation costs , and a product mix shift towards C.U.E. categories .