AMCON Distributing Company (DIT) reports developments tied to its convenience and foodservice distribution business and its health and natural products retail operations. The company distributes consumer products such as beverages, candy, tobacco, groceries, foodservice items, frozen and refrigerated foods, automotive supplies, and health and beauty care products through a multi-state distribution network that includes Team Sledd, LLC and Henry’s Foods, Inc.
Recurring AMCON news includes quarterly and annual operating results, wholesale distribution and retail health food segment performance, cash dividends, stock dividends, and updates on customer-focused foodservice, merchandising, advertising, design, print, and electronic display programs. Company releases also describe Healthy Edge Retail Group stores in the Midwest and Florida and management commentary on convenience distribution strategy.
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.
AMCON Distributing Company (NYSE American: DIT) has declared a quarterly cash dividend of $0.18 per common share, payable on June 1, 2021 to shareholders of record as of May 7, 2021. AMCON, a leading wholesale distributor of consumer products, operates in multiple states and runs retail stores including Akin’s Natural Foods Market and Chamberlin's Market & Cafe. The company emphasizes its commitment to maintaining sufficient cash resources for operations and capital expenditures amid potential economic uncertainties.
AMCON Distributing Company (NYSE American: DIT) reported fully diluted earnings per share of $4.33 and net income of $2.4 million for Q2 of fiscal 2021, ending March 31. The wholesale distribution segment earned revenues of $366.2 million and operating income of $4.4 million, while the retail health food segment generated $12.3 million in revenues and $0.7 million in operating income. The company remains focused on growth through acquisitions and maintaining high liquidity levels, concluding the quarter with $67.8 million in shareholders' equity.