| Type | Public (NASDAQ: TSCO) |
|---|---|
| Industry | Retail |
| Founded | 1938 |
| Headquarters | Brentwood, Tennessee, United States |
| Number of locations | 1000 |
| Key people | Jim Wright (CEO, Chairman of the Board) Greg Sandfort (President) |
| Revenue | $3.07 billion (2008) |
| Operating income | $135 million (2008) |
| Net income | $81 million (2008) |
| Total assets | $1.07 billion (2008) |
| Total equity | $610 million (2008) |
| Employees | 6,900 |
| Website | http://www.tractorsupply.com/ |
Tractor Supply Company (often written as "Tractor Supply Co." or "TSC") is a large retail chain of stores that offers a number of products for home improvement, agriculture, lawn and garden maintenance, and livestock, equine and pet care. It is a leading U.S. retailer in its market.[1]
Founded as a mail order tractor parts business in 1938, the first Tractor Supply Co. retail store was founded in 1939 in Minot, North Dakota. TSC is headquartered in Brentwood, Tennessee, a suburb of Nashville.[1]
In 2004, when the company reported revenues of more than US$1.7 billion, Fortune magazine named Tractor Supply to its list of the 100 fastest growing businesses.[1] As of March 18, 2011, the chain has 1000 stores in 38 states.
The company has conducted advertising campaigns featuring the slogan "The Stuff You Need Out Here."[1]
TSC was part of a group that purchased some of the leases of the bankrupt Quality Stores, Inc., which had operated nearly 300 stores in 30 states under the names CT Farm & Country; Country General; Quality Farm & Fleet; County Post; Central Farm and Fleet, and FISCO. TSC was not associated with Quality Stores Inc.
The company also owns Del's Feed and Farm Supply, a farm retail chain in the Pacific Northwest and Hawaii.[2]
In November 1966, TSC opened its first Ontario location in London. In 1987, when there were ten Ontario locations, the American parent company sold these locations to a management team led by Murray Cummings. As of January 2009, there were 39 corporate-owned TSC stores in Ontario, mostly in the southwest, and two stores in Manitoba (Winkler and Brandon). In Canada, TSC brands itself as "The Incredible Country Hardware Store."[3]
TSC Stores is also the title sponsor of the TSC Stores Tankard curling championship in Southern Ontario.