Customer GrowthTSCO eclipsed >34M Neighbor's Club members during 1Q (+4M y/y), and the rollout of recent program modifications has been well received.
Financial PerformanceTSCO closed up at +2.8% after reporting strong 1Q results and inline top line results vs. consensus after several quarters of missed sales results.
Management And StrategyManagement continues to find new pockets of sales upside through elements of self-help, namely the continued maturation of garden centers, introducing very high ticket UTVs, adding to the in-demand poultry category, and expansion of core country lifestyle categories such as grilling, pet, tools, and work apparel.