$TSCO

Reuters reports UK food inflation has eased to a near two-year low, with prices rising 1.7% in the 12 months to June 2026, down from 2.2% in May and below forecasts. The article attributes the slowdown to supermarket competition, consumer resistance, and better supplier hedging. It cites Tesco and Sainsbury’s profit guidance ranges implying margin pressure.

The FTSE 100 was little changed around 10,842-10,844 as US CPI cooled to 3.4% year on year in July, easing from 3.5% in June, and shifting expectations for the Federal Reserve’s September decision. Tesco fell 2.6% after Shore Capital cut its rating to hold and trimmed its target to 480p. Oil stayed near $89-$90 amid Strait of Hormuz tensions.

Capital International Investors, a division of Capital Research and Management Company, reported beneficial ownership of 26,546,455 shares of Tractor Supply Co. common stock, or 5.1% of 524,449,616 shares believed outstanding, in a Schedule 13G filing. It reported sole voting power over 26,128,682 shares and sole dispositive power over 26,546,455 shares.

FTSE 100 was flat around 10,844 ahead of the US CPI release, with economists expecting 3.4% year-on-year versus 3.5% in June. Markets are split on a September Fed rate decision. Tesco fell 2.6% to 449.7p after Shore Capital downgraded it to hold and cut its target to 480p from 525p; fashion stocks also slipped.

A Proactive live market update says the FTSE 100 opened slightly lower, down about 10 points to 10,834, amid thin summer trading. It cites weakness in fashion stocks Burberry and JD Sports and Tesco after a downgrade by an analyst. It also notes upcoming US CPI and prior weak US jobs data, with oil higher and Asia mixed, including a Seoul rise led by Samsung and SK Hynix.

Digital Commerce 360 reported that Tractor Supply’s Q2 FY2026 showed digital sales growth despite a difficult overall quarter. It also covered Albertsons launching ACI Edge to centralize merchandising, and DoorDash integrating directly with Shopify to enable on-demand delivery. The article links these moves to ongoing global ecommerce share growth, citing Forbes Advisor.

Tractor Supply (TSCO) trades at 16.7x forward 12-month earnings versus a 5-year median of 22.9x, but Zacks notes earnings estimates have fallen. Fiscal 2026 consensus is $1.93 per share, down from $2.06 in 2025, and the company guides adjusted 2026 earnings to $1.90-$2.00. Comparable sales are expected -1% to flat; cash flow and buybacks continue.

Tractor Supply (TSCO) shares rose about 1.4% to $34.56 after its Q2 release. The company reported Q2 revenue of $4.54b (+2.3%) but net income of $360.7m (-16.1%) and EPS of $0.69 (-15.1%). Comparable sales fell 1.5% and full-year comps guidance is for a 1% decline to flat, with margins pressured by higher SG&A.

According to a Santa Cruz County District Attorney’s Office announcement, Tractor Supply West, a regional unit of Tractor Supply Co., agreed to a $5.1 million consumer protection settlement over alleged California Consumer Privacy Act and related violations. The complaint cited price accuracy, pesticide licensing and recordkeeping, and “biodegradable” greenwashing claims, with required compliance changes and a pause on pesticide sales until licensed.

Tractor Supply Co. agreed to pay $5.1 million to settle California district attorney claims in five counties alleging price overcharging versus lowest advertised prices, sales of pesticides without valid licenses, and “biodegradable” greenwashing. According to Sonoma County DA Carla Rodriguez, the settlement includes new compliance policies, quarterly audits and reports, and $500,000 to a pesticide trust fund plus $73,283 in consumer agency reimbursements.