Welcome to our dedicated page for Amcon Dist Co news (Ticker: DIT), a resource for investors and traders seeking the latest updates and insights on Amcon Dist Co stock.
Amcon Distributing Co (DIT) operates dual business segments distributing consumer products and specialty health foods across U.S. markets. This page serves as the definitive source for official company announcements, financial updates, and strategic developments impacting investors and industry observers.
Access timely updates on wholesale distribution operations serving convenience stores and retailers nationwide, alongside progress in the retail health food division focused on organic groceries. Track critical announcements including quarterly earnings, supply chain initiatives, market expansions, and leadership updates – all curated for efficient analysis.
Key updates cover financial performance metrics, product distribution trends, retail location developments, and operational efficiency measures. Content is rigorously verified to ensure compliance with financial disclosure standards while maintaining accessibility for both professional analysts and individual investors.
Bookmark this page for streamlined access to DIT's evolving business narrative. Combine real-time updates with historical context to monitor the company's position in competitive distribution sectors and niche health food markets.
AMCON Distributing Company (NYSE American: DIT), a leading Convenience and Foodservice Distributor, has declared a quarterly cash dividend of $0.18 per common share. The dividend is payable on August 12, 2024 to shareholders of record as of August 2, 2024. AMCON, along with its subsidiaries Team Sledd, and Henry's Foods, Inc., operates thirteen distribution centers across ten states, distributing a wide range of consumer products including beverages, candy, tobacco, groceries, and automotive supplies. Additionally, through its Healthy Edge Retail Group, AMCON runs fifteen health and natural product retail stores in the Midwest and Florida.
AMCON Distributing Company (NYSE American: DIT) reported fully diluted earnings per share of $2.46 on net income of $1.5 million for Q3 fiscal 2024. Sales reached $717.9 million, with total shareholders' equity at approximately $110.0 million. The company highlighted its customer-centric approach and recent acquisition of Richmond Master Distributors, Inc.
AMCON is facing challenges including labor shortages, supply chain issues, inflation, and rising interest rates. Despite this, the company is investing in strategic areas such as foodservice, technology platforms, and new distribution facilities. AMCON operates 13 distribution centers across 10 states and 15 health and natural product retail stores through its Healthy Edge Retail Group.
AMCON Distributing Company (NYSE American: DIT), a major Convenience and Foodservice Distributor based in Omaha, Nebraska, has finalized its acquisition of Richmond Master Distributors, Inc., located in South Bend, Indiana. The acquisition enhances AMCON's portfolio, which already includes Team Sledd and Henry’s Foods, and extends its reach to thirteen distribution centers across multiple states. AMCON distributes a variety of consumer products such as beverages, candy, and groceries, and operates fifteen retail stores under the Healthy Edge Retail Group brand in the Midwest and Florida.
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