M&A - TRACTOR SUPPLY CO /DE/

Form Type: 10-Q

Filing Date: 2025-05-08

Corporate Action: Acquisition

Type: Update

Accession Number: 000091636525000089

Filing Summary: Tractor Supply Company reported its financial performance for the fiscal three months ended March 29, 2025, showcasing significant financial metrics including net sales of $3.47 billion and net income of $179.37 million. The company completed the acquisition of Allivet, an online pet pharmacy, for $135 million, which was financed using cash on hand. The balance sheet reflected total assets of $10.39 billion with current liabilities totaling $2.6 billion. The report also provided insights into share repurchase activities and details regarding share-based compensation expenses amounting to $13.2 million during the quarter. Furthermore, the company declared a dividend of $0.23 per common share. The document outlined that the financial statements have been prepared in accordance with U.S. GAAP and noted the impact of a five-for-one stock split enacted in December 2024, adjusting all share and per-share information accordingly.

Form Type: 8-K

Filing Date: 2024-12-30

Corporate Action: Acquisition

Type: New

Accession Number: 000091636524000119

Filing Summary: On December 30, 2024, Tractor Supply Company announced the execution of a definitive agreement to acquire Allivet, Inc., a privately held online pet pharmacy. This acquisition aligns with the Company's strategy to expand its product offerings and enhance its position in the pet supply market. The Company also issued a press release detailing the Transaction, with a copy of the release attached as Exhibit 99.1.