MARKET COMPOSITE
DIT - Amcon Distributing Company8:00:00 PM 4/25/2024
Price
$161.00
+ 0.00 (0.00%)
AMCON Distributing Company is one of the largest wholesale distributors in the United States serving approximately 4,000 retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops. AMCON currently distributes over 17,000 different consumer products, including cigarettes and tobacco products, candy and other confectionery, beverages, groceries, paper products, health and beauty care products, frozen and chilled products and institutional foodservice products. Convenience stores represent the largest customer category. In November 2018, Convenience Store News ranked AMCON as the eighth largest convenience store distributor in the United States based on annual sales. AMCON Distributing Company was established in 1986 in Omaha, Nebraska. Annual Sales were $1,322,306,658 for the fiscal year ended September 30,2018. AMCON has corporate headquarters in Omaha, NE and operates six wholesale distribution centers located in Omaha, NE, Quincy, IL, Rapid City, SD, Bismarck, ND, Springfield, MO and Crossville, TN.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue601.9MM-7%
Gross Profit42.3MM-2%
Cost Of Revenue559.6MM-7%
Operating Income3.3MM-13%
Operating Expenses39MM-1%
Net Income539.5K-50%
G&A36.7MM-2%
Interest Expense2.2MM-3%
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Stock news

    OMAHA, Neb., April 23, 2024--AMCON Distributing Company ("AMCON") (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor, is pleased to announce that the Board of Directors of AMCON declared a quarterly cash dividend of $0.18 per common share. This cash dividend is payable on May 13, 2024 to shareholders of record as of May 3, 2024.

    OMAHA, Neb., April 19, 2024--AMCON Distributing Company ("AMCON", or the "Company") (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor is pleased to announce it has signed an Asset Purchase Agreement to acquire Richmond Master Distributors, Inc. ("Master Distributors"), of South Bend, Indiana.

    OMAHA, Neb., April 18, 2024--AMCON Distributing Company ("AMCON" or "the Company") (NYSE American: DIT), an Omaha, Nebraska based Convenience and Foodservice Distributor, is pleased to announce fully diluted earnings per share of $0.89 on net income available to common shareholders of $0.5 million for its second fiscal quarter ended March 31, 2024.

    OMAHA, Neb., April 05, 2024--AMCON Distributing Company ("AMCON") (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce the closing of its previously announced acquisition of Burklund Distributors, Inc., of East Peoria, Illinois.

    OMAHA, Neb., March 15, 2024--AMCON Distributing Company ("AMCON") (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce the acquisition of Burklund Distributors, Inc. ("Burklund"), of East Peoria, Illinois.

    OMAHA, Neb., February 23, 2024--AMCON Distributing Company ("AMCON") (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor is pleased to announce it has acquired a new distribution facility located in Colorado City, Colorado.

    Earnings Per Share Decline Despite Revenue Growth in Q1 2024

    OMAHA, Neb., January 18, 2024--AMCON Distributing Company ("AMCON" or "the Company") (NYSE American: DIT), an Omaha, Nebraska based consumer products company, is pleased to announce fully diluted earnings per share of $1.78 on net income available to common shareholders of $1.1 million for its first fiscal quarter ended December 31, 2023.

    OMAHA, Neb., December 27, 2023--AMCON Distributing Company ("AMCON") (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce that the Board of Directors of AMCON declared a special cash dividend of $0.28 per common share. This cash dividend is payable on January 17, 2024 to shareholders of record as of January 8, 2024.

    OMAHA, Neb., November 08, 2023--AMCON Distributing Company ("AMCON" or "the Company") (NYSE American: DIT), an Omaha, Nebraska based consumer products company, is pleased to announce fully diluted earnings per share of $19.46 on net income available to common shareholders of $11.6 million for the fiscal year ended September 30, 2023.