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Tractor Supply to close eight Petsense stores in Florida

Tractor Supply logoTractor Supply
Sig2.78Sen-1.48Env0.00Soc-2.06Gov+0.05

Tractor Supply plans to shut eight Petsense locations in Florida, including stores in Nokomis, Lakeland and Auburndale. The company says the outlets are underperforming with negative cash flow and will keep them open for an eight- to 10-week wind-down. Petsense restructuring drove $65.8M in impairment and other charges in the second quarter.

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