Tractor Supply vs Formula One
Tractor Supply Company and Formula One are examined side by side to clarify how their business models, financial performance, and market context differ. The page presents objective, accessible information about each organisation and how it positions itself in its industry. Educational content, not financial advice.
Tractor Supply Company and Formula One are examined side by side to clarify how their business models, financial performance, and market context differ. The page presents objective, accessible informa...
Why It's Moving
Tractor Supply's Q3 Earnings Beat Sparks Optimism Amid Holiday Push and Steady Guidance
- Q3 net sales hit $3.72B, up 7.2% year-over-year with comparable store sales rising 3.9%, highlighting robust customer traffic and operating leverage.[1][7]
- EPS of $0.49 topped consensus by a penny while gross margins expanded to 37.4%, signaling cost discipline amid expansion to 29 new stores.[1][2]
- Broker upgrades and higher targets followed the print, offsetting early guidance jitters, as the company ramps up holiday deals like 50% off select items through December 24.[2][5]
Split-off of Liberty Live and F1 reattribution dominate FWONK moves as asset reshuffle clears way for separate Live Nation exposure
- Split-off approved: Liberty shareholders approved the Liberty Live split-off and Liberty Media said the split-off is expected to occur on December 15, 2025, which will list Liberty Live Holdings separately and leave FWONK more concentrated on Formula 1 and MotoGP—a corporate step that can make FWONK’s earnings and asset base easier to value.
- Net-asset reattribution: Management finalized a reattribution that moves roughly $421.7 million of net asset value between the Live and Formula One groups (including cash and minority interests), materially reshaping what remains attributed to FWONK and clarifying which operating assets and liabilities sit with the Formula One Group.
- Market signal and flows: Recent SEC filings show insider and institutional activity — including director share sales and reported stake increases/decreases — and analysts have recently adjusted views, prompting short-term trading around the split-off and leading investors to reprice FWONK based on a narrower, F1-focused asset mix.
Tractor Supply's Q3 Earnings Beat Sparks Optimism Amid Holiday Push and Steady Guidance
- Q3 net sales hit $3.72B, up 7.2% year-over-year with comparable store sales rising 3.9%, highlighting robust customer traffic and operating leverage.[1][7]
- EPS of $0.49 topped consensus by a penny while gross margins expanded to 37.4%, signaling cost discipline amid expansion to 29 new stores.[1][2]
- Broker upgrades and higher targets followed the print, offsetting early guidance jitters, as the company ramps up holiday deals like 50% off select items through December 24.[2][5]
Split-off of Liberty Live and F1 reattribution dominate FWONK moves as asset reshuffle clears way for separate Live Nation exposure
- Split-off approved: Liberty shareholders approved the Liberty Live split-off and Liberty Media said the split-off is expected to occur on December 15, 2025, which will list Liberty Live Holdings separately and leave FWONK more concentrated on Formula 1 and MotoGP—a corporate step that can make FWONK’s earnings and asset base easier to value.
- Net-asset reattribution: Management finalized a reattribution that moves roughly $421.7 million of net asset value between the Live and Formula One groups (including cash and minority interests), materially reshaping what remains attributed to FWONK and clarifying which operating assets and liabilities sit with the Formula One Group.
- Market signal and flows: Recent SEC filings show insider and institutional activity — including director share sales and reported stake increases/decreases — and analysts have recently adjusted views, prompting short-term trading around the split-off and leading investors to reprice FWONK based on a narrower, F1-focused asset mix.
Which Baskets Do They Appear In?
Fortress America: Insulated From Trade Wars
Puma's recent profit warning, driven by U.S. tariffs, highlights the significant financial risks associated with global trade disputes. This event underscores a potential investment opportunity in companies with primarily domestic supply chains that are better insulated from such geopolitical volatility.
Published: July 25, 2025
Explore BasketThe Protectionist Pivot
A carefully selected group of US companies positioned to benefit from rising trade barriers and tariffs. These stocks represent businesses with strong domestic operations that may gain advantages as protectionist policies reshape global trade.
Published: July 2, 2025
Explore BasketWhich Baskets Do They Appear In?
Fortress America: Insulated From Trade Wars
Puma's recent profit warning, driven by U.S. tariffs, highlights the significant financial risks associated with global trade disputes. This event underscores a potential investment opportunity in companies with primarily domestic supply chains that are better insulated from such geopolitical volatility.
Published: July 25, 2025
Explore BasketThe Protectionist Pivot
A carefully selected group of US companies positioned to benefit from rising trade barriers and tariffs. These stocks represent businesses with strong domestic operations that may gain advantages as protectionist policies reshape global trade.
Published: July 2, 2025
Explore BasketInvestment Analysis
Tractor Supply
TSCO
Pros
- Tractor Supply has delivered consistent revenue growth, with net sales rising 7.2% in the third quarter of 2025 compared to the prior year.
- The company maintains strong profitability, evidenced by a high return on equity and solid operating income growth in recent quarters.
- Tractor Supply continues to expand its store footprint and return capital to shareholders through dividends and share buybacks.
Considerations
- The company's valuation metrics are elevated relative to peers, with a high price-to-earnings ratio and premium price-to-sales multiple.
- Tractor Supply's business is exposed to rural consumer spending, which can be sensitive to economic downturns and commodity price swings.
- Inventory turnover and liquidity ratios are weaker than some competitors, suggesting potential working capital management challenges.
Formula One
FWONK
Pros
- Formula One benefits from a global brand and rapidly growing international audience, driving strong media rights and sponsorship revenue.
- The sport has implemented cost controls and revenue-sharing mechanisms that support long-term financial stability for teams and stakeholders.
- Liberty Media's ownership has invested in digital transformation and new markets, expanding Formula One's commercial reach and fan engagement.
Considerations
- Formula One's financial performance is highly dependent on event hosting, making it vulnerable to disruptions from geopolitical or health-related issues.
- The business faces ongoing regulatory and governance risks due to its complex ownership structure and reliance on international operations.
- High capital expenditure requirements for race organisation and technology upgrades can pressure profitability and cash flow.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Tractor Supply vs Fox
Tractor Supply vs Fox: a comparison page
Tractor Supply vs Expedia
Tractor Supply vs Expedia
Lennar vs Formula One
Lennar vs Formula One: stock comparison