Tractor Supply Mixed, Lockheed Martin Rises, P&G Gains as Price Plan Spurs Sales
Donnerstag, 22. Oktober 2026 · 3 min
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On this episode of Stock Movers:
-Tractor Supply (TSCO) shares are mixed. Tractor Supply Co.'s same-store sales grew in the third quarter, with comparable sales rising 0.4% from a year earlier. The company's actions around value, pet, digital and convenience gained traction in the quarter, according to Chief Executive Officer Hal Lawton. Tractor Supply reported a gross margin of 36.4%, down from 37.4% a year ago, and reaffirmed its full-year guidance, with comparable sales growth seen unchanged or declining 1%.
-Lockheed Martin (LMT) shares rise. Lockheed Martin Corp. lifted its full-year outlook as the company’s missile systems portfolio was buoyed by rising global defense spending. The company now expects adjusted 2026 earnings of $30.35 to $30.75 per share, up from a range of $29.95 to $30.65. The US Defense Department plans to buy at least 850 additional F-35 fighter jets, and Lockheed was awarded contracts to increase production of its Patriot missile and THAAD interceptor.
-Procter & Gamble (P&G) gains as sales and profits beat Wall Street expectations, driven mostly by improved sales volumes. Organic revenue rose 4% in the first quarter, the fastest growth in three years, suggesting P&G's limited price hike strategy is still drawing more consumers. P&G maintained its full year sale and profit targets, but expects more volatility in the quarters ahead due to high fuel and energy costs and elevated input expenses.
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Bloomberg Audio Studios. Podcasts. Radio. News. The Stock Movers Report. Your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg data. Let's get a check of some stocks on the move and hear what is with us is Christine Aquino, our Managing Editor for Markets Live coverage. Christine.
All right. Let's take a look at tractors. How about that? Tractor supply.
I thought you.
Were going to go to John Deere. Yeah, same family, right? But yeah, tractor supply, TSEO, we did get their earnings. It is very much earnings season. I mean, earlier it was down actually, but those shares climbing back up now about one and a half percent at the moment. I mean, earnings did miss estimates and gross margins contracted. That was the big sticking point for a lot of investors earlier.
The bright spot, though, was comp sales for the third quarter. It did top the sell-side consensus view. However, city analysts were pointing out that the result did miss buy-side expectations. So, you know, a lot of the results, though, did benefit from solid performance in seasonal categories, including wildlife supplies, equine and livestock, and truck and tool hardware, which is all well and good. But I think a lot of questions from investors and analysts alike is the seasonal nature of these categories means that that might necessarily be around as a source of demand for the next quarter. And so, yeah, you know, a lot of caution in that stock, but at the moment it's up a little bit. Okay, how
about Lockheed Martin? Lockheed Martin, good set of results, boosted its outlook for the full year, and we're seeing that reflected in the share gains today, Paul. So ticker LMT up more than 6% at the moment. And the company also reported adjusted earnings per share in revenue that beat estimates by Wall Street. And Barclays was pointing out the backlog reached a total of $ 292 billion and has increased 27% sequentially over the past year. A lot of that driven by missiles and fire control. And if you just look around the world in terms of the geopolitical status, makes a lot of sense that we're seeing that as a result for Lockheed.
Okay, last talk.
Looking at Procter & Gamble as well, so ticker PG, and those shares are up.
As well.
More than 5.7% at the moment. Sales and profit beating estimates, mostly improved by volume. So that shows that they have had limited price hikes as part of their strategy heading into this quarter. And it looks like that's paying off because customers are preferring their products over competitors, particularly in China. Apparently, Pamper sales grew 50% because, well, part of that is its competitor, Kimberly Clark, was also hit by false claims about safety on social media. But, you know, a big, big source of growth there for them in China.
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