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AMCON Distributing Co. (NASDAQ: DIT) is a leading wholesale distributor of consumer products across the United States. The company, along with its wholly-owned subsidiaries, focuses on providing a wide range of goods, including cigarettes and tobacco products, candy and other confectionery items, beverages, food service products, groceries, paper products, automotive supplies, and health and beauty care products.
The operations of AMCON Distributing Co. are divided into two main segments:
- Wholesale Distribution Segment: This segment is the cornerstone of AMCON's business, distributing consumer products to a variety of retail outlets such as convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops. The company’s distribution network spans the Central, Rocky Mountain, and Southern regions of the United States, ensuring broad market coverage and efficient delivery systems.
- Retail Health Food Segment: AMCON also operates fourteen retail health food stores located in Florida and the Midwest. These stores specialize in natural and organic groceries and dietary supplements, catering to the growing consumer demand for healthy food options.
AMCON's recent achievements include expanding their product lines to address evolving market trends and consumer preferences. The company prides itself on maintaining strong partnerships with suppliers and customers, ensuring a seamless supply chain and high-quality service.
Financially, AMCON Distributing Co. has demonstrated resilience and growth potential, with the majority of its revenue stemming from the wholesale distribution segment. The company continues to leverage its robust logistical capabilities and market expertise to enhance shareholder value.
For the latest updates and news about AMCON Distributing Co., investors can rely on the company’s continuous reporting and transparency in its operations.
AMCON Distributing Company (NYSE American: DIT) reported fully diluted earnings per share of $10.27, with a net income of $6.0 million for the third fiscal quarter ending June 30, 2022. The wholesale distribution segment generated $539.2 million in revenue, while the retail health food segment reported $11.4 million. The company acquired a controlling interest in Team Sledd, recording a $2.4 million gain, and expanded its revolving credit facility for strategic growth. AMCON ended the quarter with $99.1 million in consolidated shareholders’ equity.
AMCON Distributing Company (NYSE American: DIT) has declared a quarterly cash dividend of $0.18 per common share, payable on May 31, 2022, to shareholders of record as of May 6, 2022. The company is a leading wholesale distributor of various consumer products, operating distribution centers across several states, including Illinois, Missouri, and Nebraska. In addition, AMCON manages health and natural product retail stores in the Midwest and Florida under well-known brands. This dividend reflects AMCON's ongoing commitment to providing returns to its shareholders.
AMCON Distributing Company (DIT) reported a second quarter net income of $3.0 million, equating to fully diluted earnings per share of $5.19. The wholesale distribution segment generated revenues of $379.5 million with an operating income of $6.3 million, while the retail health food segment recorded revenues of $12.4 million and operating income of $0.7 million. Despite ongoing supply chain disruptions and workforce shortages, AMCON is actively pursuing acquisition opportunities and expanding its geographic reach to bolster growth.
AMCON Distributing Company (DIT) announced a quarterly cash dividend of $0.18 per common share, payable on March 1, 2022 to shareholders on record as of February 4, 2022. The company, based in Omaha, Nebraska, is a leading wholesale distributor of various consumer products, including beverages, groceries, and health items, with operations across several states. AMCON also manages retail stores like Akin’s Natural Foods Market and Chamberlin's Market & Cafe.
AMCON Distributing Company (NYSE American: DIT) reported a fully diluted earnings per share of $5.18 and a net income of $3.0 million for the first fiscal quarter ended December 31, 2021. The wholesale distribution segment generated revenues of $410.6 million with $7.4 million in operating income. The retail health food segment reported $11.9 million in revenues and $0.5 million in operating income. The company is focused on strategic acquisitions and enhancing customer service amid challenging market conditions.
AMCON Distributing Company (NYSE American: DIT) announced a special cash dividend of $5.00 per common share. This dividend will be payable on December 30, 2021, to shareholders of record as of December 23, 2021. AMCON is a leading wholesale distributor of consumer products with distribution facilities in several states, including Illinois, Missouri, Nebraska, North Dakota, South Dakota, and Tennessee. The company also operates 20 health and natural product retail stores in the Midwest and Florida.
AMCON Distributing Company (DIT) reported fully diluted earnings per share of $27.36 and net income of $15.5 million for the fiscal year ending September 30, 2021. For Q4, earnings were $11.00 per diluted share with net income of $6.3 million. Total revenues were $1.6 billion for the fiscal year, with operating income at $24.5 million. The retail health food segment generated $47.3 million in revenues. Shareholders' equity stood at $77.6 million, with an adjusted book value of $139.27.
AMCON Distributing Company (NYSE American: DIT) has declared a quarterly cash dividend of $0.18 per share, payable on November 30, 2021, to shareholders of record as of November 5, 2021. Additionally, the Board has replenished the authorized shares for its existing stock repurchase program, allowing for the repurchase of up to 75,000 shares. Based in Omaha, Nebraska, AMCON distributes consumer products across various states and operates health and natural product retail stores in the Midwest and Florida.
AMCON Distributing Company (NYSE American: DIT) has declared a quarterly cash dividend of $0.18 per common share, payable on August 30, 2021 to shareholders of record as of August 6, 2021. The company, based in Omaha, Nebraska, specializes in wholesale distribution of various consumer products including groceries, beverages, and health products, with distribution facilities in multiple states. Additionally, AMCON operates retail stores under the names Akin’s Natural Foods Market and Chamberlin's Market & Cafe.
AMCON Distributing Company (NYSE American: DIT) reported fully diluted earnings per share of $6.48 and net income of $3.7 million for the third fiscal quarter ending June 30, 2021. The wholesale distribution segment generated revenues of $426.6 million with an operating income of $6.3 million, while the retail health food segment reported revenues of $11.7 million and operating income of $0.6 million. Challenges include supply chain disruptions and a competitive wage environment. AMCON maintains $71.4 million in shareholders' equity, focusing on liquidity and strategic acquisitions.
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