$TSCO 8-K earnings — Q2 FY26

Adjusted EPS of $0.81 missed estimates of $0.90, a 10% shortfall. Revenue of $4.54B grew 2.3% but missed consensus, driven by new stores as comps fell 1.5% due to a weak May. FY2026 outlook was cut, reflecting year-to-date softness. The key nuance: the miss was driven by a single month (May) of adverse weather and discretionary pullback, not a structural demand shift; core consumables remained resilient, and the Petsense restructuring charge ($0.12/share) is a one-time drag.

Adjusted EPS of $0.81 missed estimates of $0.90, a 10% shortfall. Revenue of $4.54B grew 2.3% but missed consensus, driven by new stores as comps fell 1.5% due to a weak May. FY2026 outlook was cut, reflecting year-to-date softness. The key nuance: the miss was driven by a single month (May) of adverse weather and discretionary pullback, not a structural demand shift; core consumables remained resilient, and the Petsense restructuring charge ($0.12/share) is a one-time drag.