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Tractor Supply's profit rises on higher sales

Tractor Supply Co. reported higher third-quarter profit as sales rose nearly 9%, leading the company to raise the bottom end of its projections for the year.

The Brentwood, Tenn., company now forecasts a profit of $3.02 to $3.08 a share on $6.28 billion to $6.33 billion in revenue, compared with its previous view of $3 to $3.08 a share on $6.25 billion to $6.33 billion in revenue.

Sales at stores open for at least a year and online sales are projected to increase 4% to 4.5%, compared with its earlier...


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