Tractor Supply's Q1 2026 Expected to Drive New Highs Amid Steady Growth, Margin Strength, and Capital Returns

Tractor Supply Company's Q4 results and 2026 guidance align with long-term trends, including steady growth, margin strength, cash flow, and capital returns. The company's stock price could trend to new highs in 2026, with a 20% upside possible. Tractor Supply's big-box retail model focuses on underserved rural areas, gaining share through store count growth, market penetration, and store modernizations. The company pays dividends and repurchases shares, with a dividend yield of 1.8% and a buyback forecast of $400 million in 2026.