Tractor Supply Third-Quarter Profit Falls on Freight Costs and Soft Demand
Tractor Supply reported net income of $224.7 million for the third quarter. Higher transportation and fuel costs, along with softer spending on big-ticket and companion animal products, weighed on profit.
Tractor Supply's third-quarter profit declined as higher transportation and fuel expenses weighed on earnings, while consumers continued to spend less on big-ticket items and companion animal products. The rural lifestyle retailer reported Thursday that net income fell to $224.7 million, or…