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Tractor Supply Company (TSCO) Stock Down Despite Q2 Earnings, Revenue Growth

NEW YORK (TheStreet) -- Shares of Tractor Supply (TSCO) are retreating 3.83% to $89.56 in late-morning trading, even though the company reported 2016 second quarter earnings and revenue growth.

The company reported adjusted earnings of $1.16 per share and revenue of $1.85 billion, which was in line with Wall Street's expectations and beat last year's $1.12 per share and revenue of $1.77 billion.

The Brentwood-TN-based supplier of farming and gardening equipment was helped by the opening of 22...