Company Continues to Execute on Growth Strategy
BRENTWOOD, TN, 2016-Feb-12 — /EPR Retail News/ — Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retail store chain in the United States, today announced the opening of its 1,500th store in Odessa, Texas. The new south Odessa store is located at 1511 West Interstate 20 and will hold its grand opening on Saturday, February 13th.
“The opening of our 1,500th store in south Odessa is another significant milestone in Tractor Supply’s history, as we continue to execute upon our growth strategy and our unwavering commitment to being the most dependable supplier of basic goods for the rural lifestyle customer across the country,” said Greg Sandfort, President and Chief Executive Officer.
To celebrate the 1,500th store opening, the south Odessa Tractor Supply store will be hosting several grand opening events. Celebrations include a ribbon cutting ceremony with the Odessa Chamber of Commerce, community raffles, local animal rescue adoptions and more. Special guests include the Texas Christians Junior Bull Riders Association, Miss Sandhill Rodeo Queen, Odessa Elite Girls Volleyball team and more.
Tractor Supply was founded 78 years ago and has become the leading retailer serving the rural lifestyle, with annual sales in excess of $6 billion. The Company operates stores in every state with the exception of Alaska and employs over 22,000 team members. Tractor Supply opened a total of 114 stores in 2015 and expects to open between 115 and 120 new stores in 2016.
“We are proud to build upon our expansion in the state of Texas, where our stores have a long history of strong performance,” Sandfort added. “We believe we have opportunity to continue our strategic growth across the country and serve more communities through our knowledgeable team members and the convenience that Tractor Supply stores offer.”
For more information on Tractor Supply Company, or to shop their products online, please visit www.tractorsupply.com.
About Tractor Supply Company
At December 26, 2015, Tractor Supply Company operated 1,488 stores in 49 states. The Company’s stores are focused on supplying the lifestyle needs of recreational farmers and ranchers and others who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying major metropolitan markets and in rural communities. The Company offers the following comprehensive selection of merchandise: (1) equine, livestock, pet and small animal products, including items necessary for their health, care, growth and containment; (2) hardware, truck, towing and tool products; (3) seasonal products, including heating, lawn and garden items, power equipment, gifts and toys; (4) work/recreational clothing and footwear; and (5) maintenance products for agricultural and rural use.
Forward-Looking Statements
Certain statements contained in this press release are not historical facts and are forward looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements may be identified by words such as “believes”, “expects”, “future” or other comparable terminology. Such statements include, but are not limited to, statements about expected growth, including the Company’s plans with respect to investment in infrastructure. Because such forward looking statements contain risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the ability to manage and identify suitable locations and the ability to open new stores in the manner and number currently contemplated. All of the forward looking statements are also qualified by the cautionary statements contained in the Company’s Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Media:
Alecia Pulman/Brittany Rae Fraser
ICR
(203) 682-8200
Source: Tractor Supply Company