Tractor Supply Co (LTS:0REL)
€ 66.774 0 (0%) Market Cap: 27.40 Bil Enterprise Value: 32.13 Bil PE Ratio: 26.87 PB Ratio: 13.02 GF Score: 97/100

Tractor Supply Co at Robert W Baird Global Consumer, Technology & Services Conference (Virtual) Transcript

Jun 03, 2020 / 01:40PM GMT
Release Date Price: €66.77
Peter Sloan Benedict
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Good morning, everyone. Thanks for joining us. I'm Peter Benedict, senior retail analyst here at Baird, and I'm pleased to welcome the team at Tractor Supply back to the Baird conference. Tractor has been a key participant in the physical version of this conference for over a decade, and we really appreciate their willingness to join us here in this virtual setting.

For those of you who are not familiar, Tractor Supply is the leading rural lifestyle retailer in the United States. They operate around 2,000 stores across the country. Now they don't sell commercial-grade tractors, and they don't really serve the commercial farm or agricultural sectors. Tractor's really more of a go-to provider of needs-based products to households that are looking to tender their animals, their land and their other rural lifestyle needs, and the stock currently carries a market cap of around $15 billion -- $14 billion, $15 billion.

With us today, we have CEO, Hal Lawton; CFO, Kurt Barton; Tractor's

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