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Tractor Supply CEO says there's still ‘significant migration' out of urban areas [CNBC]

Tractor Supply Company (TSCO)  More Company Research Source: CNBC
Last tractor supply company earnings: 4/23 07:18 am Check Earnings Report
US:NASDAQ Investor Relations: ir.tractorsupply.com
“Rural America is alive and well and growing and really leading in many ways in this country,” Lawton said. He continued, saying that even though population outflows out of cities spiked in 2020 and 2021, they do persist. “They've continued, albeit to a lesser absolute number, but net we're still seeing significant migration out of urban America, and most of that migration, or a lot of it, is going into, into rural America.” Tractor Supply is a chain retailer that sells equipment for home improvement, such as supplies for gardening and farming. Lawton said the company has been dealing with headwinds where customers were spending more on services than goods. But he expressed optimism for the future, saying Tractor Supply can “begin to see light at the end of the tunnel now against those headwinds.” Lawton attributed some of this migration to affordable housing options, saying that Millennial buyers up against high interest rates and home prices find budget-friendly homes in rural [Read more]
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Stockreport

Tractor Supply CEO says there's still ‘significant migration' out of urban areas [CNBC]

Tractor Supply Company  (TSCO) 
More Company Research Source: CNBC
Last tractor supply company earnings: 4/23 07:18 am Check Earnings Report
US:NASDAQ Investor Relations: ir.tractorsupply.com
“Rural America is alive and well and growing and really leading in many ways in this country,” Lawton said. He continued, saying that even though population outflows out of cities spiked in 2020 and 2021, they do persist. “They've continued, albeit to a lesser absolute number, but net we're still seeing significant migration out of urban America, and most of that migration, or a lot of it, is going into, into rural America.” Tractor Supply is a chain retailer that sells equipment for home improvement, such as supplies for gardening and farming. Lawton said the company has been dealing with headwinds where customers were spending more on services than goods. But he expressed optimism for the future, saying Tractor Supply can “begin to see light at the end of the tunnel now against those headwinds.” Lawton attributed some of this migration to affordable housing options, saying that Millennial buyers up against high interest rates and home prices find budget-friendly homes in rural [Read more]
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TSCO
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Price Change %
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%
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EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
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%
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%
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS