Tractor Supply is the largest retailer specifically targeting rural/semirural customers in the U.S. The average customer is a middle-income earner, married with children, owns a home and most importantly owns livestock (>50%) or a pet (almost 75%). Average customers shop 6 times per year and the best customers shop 2x-3x that number. Some of Tractor Supply’s customers are recreational farmers or ranchers but most are just living the rural/semirural lifestyle and shop at Tractor Supply for their everyday needs.
Really enjoyed this write-up I just had a quick question about how you calculate “net capital deployed” in your ROIC calculation. I’m sure it is different for every company, but what are some general rules for finding that figure?
Really enjoyed this write-up I just had a quick question about how you calculate “net capital deployed” in your ROIC calculation. I’m sure it is different for every company, but what are some general rules for finding that figure?
Five Below and TS may be the winner takes all on th elong rund , this analyssys show brilliantly why
Five Below and TS may be the winner takes all on th elong rund , this analyssys show brilliantly why