tractor supply

Tractor Supply Company’s net sales in the second quarter reached the $2 billion mark as the rural lifestyle retail store chain pointed to strong demand for spring seasonal products.

Net sales for the second quarter ended July 1 increased 8.9% to $2.02 billion from $1.85 billion in the second quarter of 2016. Comparable store sales increased 2.2% versus a decrease of 0.5% in the prior year’s second quarter. The comparable store sales results included an increase in comparable transaction count of 2.2% while average ticket remained flat to prior year’s second quarter. The increase in comparable store sales was driven by broad growth across a number of product categories and geographic regions, the company said.

Net income increased 2.7%…