Tractor Supply Company Announces 1,700th Store Opening

Brentwood, Tennessee, UNITED STATES


Company Continues to Execute Long-Term Growth Strategy & Support of Rural Lifestyle Customers 

BRENTWOOD, Tenn., April 03, 2018 (GLOBE NEWSWIRE) -- Tractor Supply Company (NASDAQ:TSCO), the largest retail store chain of rural lifestyle products in the United States, today announced the opening of its 1,700th store. The new store is located in Mocksville, NC at 1029 Yadkinville Road, Suite 101 and will hold its grand opening on Saturday, April 7th beginning at 8:00 a.m.

Greg Sandfort, Tractor Supply’s Chief Executive Officer, stated, “The opening of our 1,700th store is an important milestone that we are proud to reach during our 80th year of operations, as we continue to bring Tractor Supply closer to more customers who live the Out Here lifestyle. Through our ONETractor strategy, we are combining our physical and digital assets into one seamless shopping experience that allows our customers to engage with us anytime, anywhere and any way they choose. Whether it be in convenient store locations or online, each day we strive to provide our customers with relevant products and legendary service to support their lifestyle.”

In celebration of the Company’s 1,700th store opening, the Mocksville, NC Tractor Supply store will be hosting several grand opening events on April 7th with participation from a variety of community groups.  Festivities include a pet adoption event with the Davie County Humane Society, antique trailer viewings with the Piedmont Antique Power Association, product and driving demos with Cub Cadet, introductory meetings with the Davie County FFA, and other exciting attractions hosted by Tractor Supply Company.

Tractor Supply Company was founded 80 years ago and has grown from its early days as a tractor parts catalog company to become the largest retail store chain of rural lifestyle products, with 1,700 Tractor Supply stores in 49 states, a robust e-commerce website and 28,000 team members across the country. The Company opened 101 new Tractor Supply stores in 2017 and expects to continue its strategic expansion plans with 80 new store openings in 2018.

About Tractor Supply Company
Tractor Supply Company (NASDAQ:TSCO) is in its 80th year of operation and, since being founded in 1938, has grown to become the largest rural lifestyle retail store chain in the United States. With 28,000 team members, 1,700 stores in 49 states and an e-commerce website, Tractor Supply is passionate about serving its unique niche, as a one-stop shop for recreational farmers, ranchers and all those who enjoy living the rural lifestyle. Tractor Supply offers an extensive mix of products necessary to care for home, land, pets and animals with a focus on product localization, exclusive brands and legendary customer service that addresses the needs of the Out Here lifestyle. The Company leverages its physical store assets with digital capabilities to offer customers the convenience of purchasing products they need anytime, anywhere and any way they choose at the everyday prices they deserve. At March 31, 2018, the Company operated 1,700 Tractor Supply stores in 49 states and an e-commerce website at www.tractorsupply.com

Tractor Supply Company also owns and operates Petsense, a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small and mid-size communities, and offering a variety of pet products and services.  At December 30, 2017, the Company operated 168 Petsense stores in 26 states.  For more information on Petsense, visit www.petsense.com.

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 new store growth and the timing thereof.  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 as well as our failure to achieve expected sales and operating results from new stores.  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.

Tractor Supply Company
Investor Contacts:
Mary Winn Pilkington (615) 440-4212
Beth Thompson (615) 440-4102

Media Contacts:
Alecia Pulman/Brittany Rae Fraser, ICR (203) 682-8200

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2b28cb70-6919-4685-9819-7303c72b8208

Tractor Supply Company Announces 1,700th Store Opening