Previous Close | 33.00 |
Open | 31.00 |
Bid | 33.80 |
Ask | 35.00 |
Strike | 190.00 |
Expire Date | 2024-01-19 |
Day's Range | 31.00 - 33.00 |
Contract Range | N/A |
Volume | |
Open Interest | 5 |
The rural lifestyle retail company Tractor Supply (NASDAQ: TSCO) fits this profile to a T in my opinion. Let's dig into the company's fundamentals and valuation to better understand what makes it such a compelling buy for dividend growth investors. This suggests that there will be a significant rise in demand for rural lifestyle products.
Tractor Supply (NASDAQ: TSCO) is one of the primary beneficiaries. The rural-lifestyle retailer just reported blowout third-quarter earnings. Although its 10-year track record of reporting double-digit e-commerce sales growth was broken earlier this fiscal year, online sales continue to expand and remain a key component of Tractor Supply's long-term strategy to reach new markets and customers. It took Tractor Supply 72 years to open 1,000 stores, then just 10 years to open its next 1,000 locations.
The so-called "Yellowstone effect" has trickled into fashion, making Western wear like cowboy hats and boots increasingly popular across the U.S.