Tractor Supply Co (NAS:TSCO)
$ 285.49 0.78 (0.27%) Market Cap: 30.42 Bil Enterprise Value: 35.46 Bil PE Ratio: 27.70 PB Ratio: 13.30 GF Score: 97/100

Tractor Supply Co at Nasdaq Virtual Investor Conference Transcript

Dec 01, 2020 / 03:00PM GMT
Release Date Price: $139.67 (-0.81%)
Simeon Ari Gutman
Morgan Stanley, Research Division - Executive Director

Thank you. Good day, everyone. I'm Simeon Gutman, Morgan Stanley's hardline, broadline and food retail analyst. It's my pleasure to be hosting this fireside chat with Tractor Supply Company.

Quick 15-second intro of this company. It's the largest chain, about -- of 1,900 rural lifestyle stores in the U.S., on pace to generate over $10 billion in sales in 2020. I'm joined by Kurt Barton, EVP, CFO and Treasurer, who's been with Tractor Supply for over 20 years; Hal Lawton, President and CEO, who's approaching his 1-year anniversary with the company; and we have Mary Winn Pilkington from Investor Relations.

Quick fun fact. Hal is among the top 10 youngest CEOs of the Fortune 500 companies. Sorry to embarrass you, Hal. Fun fact #2, in 2012, we actually hosted a symposium on e-commerce and digitalization. Hal was sent. He was the speaker from Home Depot. At this time, e-commerce was pretty nascent. It was more about pure e-tailers at this conference. And I don't think a lot of people came to listen about Home Depot's

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