- Tractor Supply reported its Q4 gross profit increased 2.8% to $1.33 billion from $1.29 billion in the prior year’s fourth quarter, and gross margin decreased 9 basis points to 35.2% from 35.3% in the prior year’s fourth quarter. As a percentage of net sales, SG&A expenses increased 60 basis points to 26.8% from 26.2% in the fourth quarter of 2023. For the full year 2024 Tractor Supply Company reported sales of $14.9 billion, a 2.2 percent increase over 2023 revenues.
- Vetoquinol reported FY 2024 sales of €539 million, up 1.9 % on a reported basis. Sales of Essential products totaled €328 million, up 4.6 %, but the company said this figure fails to reflect their real performance given the unavailability in the 1st half-year of one of the main Essential product ranges in the United States, which had an impact of around -1.5% on Essential growth in 2024. Total company sales for the Q4 totaled €141 million, up 2.8%.