Tractor Supply Company (TSCO) 2002年年度报告「NASDAQ」.pdf

1、THEGOODLIFEISOUTHERE#FINANCIAL HIGHLIGHTS1#TABLEOFCONTENTSCOMPANYPROFILE#2LETTER TO SHAREHOLDERS4MISSION&VALUES5EXPANSION6FIVE YEAR SELECTED FINANCIALAND OPERATING HIGHLIGHTS7MANAGEMENTS DISCUSSION AND ANALYSIS18 CONSOLIDATED FINANCIAL STATEMENTS 34 BOARD OF DIRECTORS35 SHAREHOLDER INFORMATION36 COM

2、MUNITYTractor Supply Company is the largest operator of retail farm and ranch stores in the UnitedStates.Our focus is on supplying the lifestyle needs of recreational farmers and ranchers,andserving the maintenance needs of those who enjoy the rural lifestyle,as well as tradesmen andsmall businesses

3、.Our stores are located in towns outlying major metropolitan markets and inrural communities.This niche uniquely positions us to offer a wide,yet very select,assortmentof products:(1)livestock and pet care products,including everything necessary for their health,growth and containment;(2)maintenance

4、 products for agricultural and rural use;(3)hardwareand tool products;(4)seasonal products,including lawn and garden power equipment;(5)truck,trailer and towing products;and(6)work clothing for the entire family.NETSALES 1998-2002(in millions)EARNINGSPERSHARE1998-2002(fully diluted;post-split)NETINC

5、OME 1998-2002(in millions)1998 1999 2000 2001 20021998 1999 2000 2001 20021998 1999 2000 2001 20021,2501,000 750 500 25004030201002.001.501.000.500.00#2LETTERTOSHAREHOLDERS#CONSISTENCY ISTHEKEY#Consistency may be the best word to describe the sourceof our continuing success.We know our customers ver

6、ywell,and we consistently focus on their basic needswithout getting sidetracked into different and unrelatedproduct categories.We remain committed to servingthose who live OUTHERE.We are proud of our 2002 performancerecord sales,strong same-store sales growth(the most importantmeasure in retailing),