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Why Tractor Supply Surged 20% in May

Why Tractor Supply Surged 20% in May

Shares of Tractor Supply Company (NASDAQ: TSCO) surged 20% in May, according to data provided by S&P Global Market Intelligence. Tractor Supply reported a strong set of earnings for its first-quarter 2020 report, and the company does not seem to be badly affected by the COVID-19 pandemic. Net sales rose 7.5% year over year to $1.95 billion, while comparable store sales increased 4.3% year over year.