Tractor Supply Company (TSCO) Q1 2023 Earnings Call Transcript

Tractor Supply Company (NASDAQ:TSCO) Q1 2023 Earnings Conference Call April 27, 2023 10:00 AM ET

Company Participants

Mary Winn Pilkington - Senior Vice President of Investor & Public Relations

Hal Lawton - Chief Executive Officer

Seth Estep - Executive Vice President & Chief Merchandising Officer

Kurt Barton - Chief Financial Officer

Conference Call Participants

Steven Zaccone - Citigroup

Scot Ciccarelli - Truist

Chris Horvers - JPMorgan

Simeon Gutman - Morgan Stanley

Seth Sigman - Barclays

Brian Nagel - Oppenheimer

Kate McShane - Goldman Sachs

Scott Mushkin - R5 Capital

Steven Forbes - Guggenheim Partners

Peter Benedict - Baird

Operator

Good morning, ladies and gentlemen, and welcome to Tractor Supply Company’s Conference Call to discuss First Quarter 2023 results. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session, and instructions will follow at that time. We ask that all participants limit themselves to one question and return to the queue for additional questions.

Please be advised that reproduction of this call, in whole or in part, is not permitted without written authorization of Tractor Supply Company. And as a reminder, this call is being recorded.

I would now like to introduce our host for today’s call, Mrs. Mary Winn Pilkington, Senior Vice President of Investor and Public Relations for Tractor Supply Company. Mary Winn, please go ahead.

Mary Winn Pilkington

Thank you, operator. Good morning, everyone. Thanks for taking the time to join us today. On the call today are: Hal Lawton, our CEO; Kurt Barton, our CFO; and Seth Estep, EVP and Chief Merchandising Officer. After our prepared remarks, we’ll open the call up for your questions. Please note that we have made a supplemental slide presentation available on our website to accompany today’s earnings release.

Now, let me reference the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This call may contain certain forward-looking statements that are subject to significant risks and uncertainties, including the future operating and financial performance of the company. In many cases, these risks and uncertainties are beyond our control.

Although, the company believes the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations, or any of its forward-looking statements, will prove to be correct, and actual results may differ materially from expectations.

Important risk factors that could cause actual results to differ materially from those reflected in the forward-looking statements are included at the end of the press release issued today and in the company's filings with the Securities and Exchange Commission. The information contained in this call is accurate only as of the date discussed. Investors should not assume that statements will remain operative at a later time. Tractor Supply undertakes no obligation to update any information discussed in this call.