Chris Horvers's questions to TRACTOR SUPPLY CO /DE/ (TSCO) leadership • Q1 2025
Question
Speaking for Chris Horvers, Barath Ra questioned the assumptions in the Q2 guide regarding big-ticket sales and the Easter shift, and asked what drives the high end of the updated full-year comp guidance.
Answer
CEO Hal Lawton stated the Q2 guidance is conservative, assuming no significant recovery in big-ticket sales but continued strength in C.U.E. categories. He noted that current run rates from March and April were flowed through, and while they are hopeful for an over-performance, the outlook remains prudent.