Tractor Supply Company (TSCO) 2008年年度报告「NASDAQ」.pdf

1、2008 ANNUAL REPORTGETTING THE JOB DONEFINANCIAL HIGHLIGHTSOperating Results$in millions,except share data 2006 2007 2008Net sales$2,369.6$2,703.2$3,007.9Income before income taxes$145.3$155.0$133.4Net income$91.0$96.2$81.9Net income per share(basic)$2.27$2.45$2.22Net income per share(diluted)$2.22$2

2、.40$2.19Number of stores 676 764 855NET SALES(IN BILLIONS)NET INCOME PER SHARE(DILUTED)NUMBER OF STORESABOUT TRACTOR SUPPLY COMPANYTractor Supply Company is the largest operator of retail farm and ranch stores in the United States.Our focus is on supplying the lifestyle needs of recreational farmers

3、 and ranchers.We also serve the maintenance needs of those who enjoy the rural lifestyle,as well as tradesmen and small businesses.Our stores are located in towns outlying major metropolitan markets and in rural communities.As we are serving a very specifi c niche,we offer a wide,yet very select,ass

4、ortment of products that our customers use to support their lifestyles:?Equine,pet and animal products,including items necessary for their health,care,growth and containment?Maintenance products for agricultural and rural use?Hardware and tool products?Seasonal products,including lawn and garden pow

5、er equipment?Truck and towing products?Work/recreational clothing and footwear for the entire family04050607085155956767648550405060708$1.57$2.09$2.22$2.40$2.190405060708$1.74$2.07$2.37$2.70$3.01Our business and customers proved somewhat resilient to the overall economic conditions,and our team took

6、 appropriate actions to“get the job done”in 2008 producing one of the Company s finest performances in history.GETTING THE JOB DONE IN 2008Our initial planning for 2008 assumed the year would look much like the second half of 2007.However,only six weeks into the year,our analysis of customer purchas