BRENTWOOD, Tenn., July 28, 2011 /PRNewswire/ -- Tractor Supply
Company (NASDAQ: TSCO), the largest retail farm and ranch store
chain in the United States, today
announced that its board of directors declared a quarterly cash
dividend of $0.12 per share of the
Company's common stock.
The dividend will be paid on August 30,
2011, to stockholders of record as of the close of business
on August 15, 2011.
About Tractor Supply Company
At June 25, 2011, Tractor Supply
Company operated 1,043 stores in 44 states. The Company's stores
are focused on supplying the lifestyle needs of recreational
farmers and ranchers. The Company also serves the maintenance
needs of those who enjoy the rural lifestyle, as well as tradesmen
and small businesses. Stores are located in towns outlying
major metropolitan markets and in rural communities. The
Company offers the following comprehensive selection of
merchandise: (1) equine, pet and small animal products,
including items necessary for their health, care, growth and
containment; (2) hardware, truck, towing and tool products;
(3) seasonal products, including lawn and garden items, power
equipment, gifts and toys; (4) maintenance products for
agricultural and rural use; and (5) work/recreational clothing
and footwear.
Forward Looking Statements:
As with any business, all phases of the Company's operations are
subject to influences outside its control. This information
contains certain forward-looking statements, including statements
regarding the liquidity and attractiveness of the Company's common
stock and the Company's growth opportunities. These forward-looking
statements are subject to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995 and may be affected by
certain risks and uncertainties, any one, or a combination, of
which could materially affect the results of the Company's
operations. These factors include general economic conditions
affecting consumer spending, the timing and acceptance of new
products in the stores, the mix of goods sold, purchase price
volatility (including inflationary and deflationary pressures), the
ability to increase sales at existing stores, the ability to manage
growth and identify suitable locations and negotiate favorable
lease agreements on new and relocated stores, the ability to manage
expenses, the availability of favorable credit sources, capital
market conditions in general and with respect to the Company's
stock in particular, failure to open new stores in the manner
currently contemplated, the impact of new stores on our business,
competition, weather conditions, the seasonal nature of our
business, effective merchandising initiatives and marketing
emphasis, the ability to retain vendors, reliance on foreign
suppliers, the ability to attract, train and retain qualified
employees, product liability and other claims, on-going and
potential legal or regulatory proceedings, management of our
information systems, effective tax rate changes and results of
examination by taxing authorities and the ability to maintain an
effective system of internal control over financial reporting.
Forward-looking statements made by or on behalf of the Company are
based on knowledge of its business and the environment in which it
operates, but because of the factors listed above, actual results
could differ materially from those reflected by any forward-looking
statements. Consequently, all of the forward-looking statements
made are qualified by these cautionary statements and those
contained in the Company's Annual Report on Form 10-K and other
filings with the Securities and Exchange Commission. There can be
no assurance that the results or developments anticipated by the
Company will be realized or, even if substantially realized, that
they will have the expected consequences to or effects on the
Company or its business and operations. Readers are cautioned not
to place undue reliance on these forward-looking statements, which
speak only as of the date hereof. The Company does not undertake
any obligation to release publicly any revisions to these
forward-looking statements to reflect events or circumstances after
the date hereof or to reflect the occurrence of unanticipated
events.
SOURCE Tractor Supply Company