Tractor Supply Company (TSCO) 2009年年度报告「NASDAQ」.pdf

1、A decade of strong performance2009 Annual Report on a road of endless opportunity.Passionate about a LifestyleOur customers are dedicated to the rural lifestyle and most importantly they enjoy living“Out Here.”We share in their passion by providing them with the products that support their everyday

2、needs.Our FocusOur focus is on supplying the lifestyle needs of recreational farmers and ranchers and those who enjoy the rural lifestyle,as well as tradesmen and small businesses.We are very proud to serve the ten percent of our customers describing themselves as earning more than 75%of their incom

3、e from production farming.Additionally,Tractor Supply customers are home,land,and pet owners that are likely to have above-average income with below-average costs of living.Our StoresOur stores are located in towns outlying major metropolitan markets and in rural communities.Our store format has an

4、average store size of 16,600 square feet of inside and 18,000 square feet of outside selling space.Our MerchandiseAs we are serving a very specific niche,we offer a wide,yet very select,assortment of products that our customers use to support their lifestyles:Equine,pet and small animal products,inc

5、luding items necessary for their health,care,growth and containment;Hardware and seasonal products,including lawn and garden power equipment;Truck,towing and tool products;Work/recreational clothing and footwear for the entire family;Maintenance products for agricultural and rural use;and Home dcor,

6、candy,snack food and toys.($in millions,except per share and store count data)2000200120022003200420052006200720082009Sales759.0849.8 1,210.01,472.91,738.82,068.02,369.62,703.23,007.93,206.9Income Before Taxes26.736.0 59.892.2100.1134.8145.3155.0133.4183.0Net Income15.825.338.255.764.185.791.096.281