AMCON Distributing Company, together with its subsidiaries, engages in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The company operates through two segments, Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment distributes various 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. This segment serves approximately 4,500 retail outlets, including convenience stores, grocery stores, liquor stores, drug stores...
7405 Irvington Road
Omaha, NE 68122
Founded in 1981
AMCON Distributing Company Declares Quarterly Cash Dividend Payable on September 4, 2015
Jul 23 15
AMCON Distributing Company announced that the Board of Directors of AMCON declared a quarterly cash dividend of $0.18 per common share. This cash dividend is payable on September 4, 2015 to shareholders of record as of August 13, 2015.
Amcon Distributing Co. Reports Unaudited Consolidated Earnings Results Third Quarter and Nine Months Ended June 30, 2015
Jul 17 15
AMCON Distributing Co. reported unaudited consolidated earnings results third quarter and nine months ended June 30, 2015. For the quarter, the company reported sales of $334,456,509 against $322,647,624 a year ago. Operating income was $3,550,637 against $2,441,786 a year ago. Income from operations before income tax expense was $3,329,224 against $2,250,432 a year ago. Net income available to common shareholders was $1,947,581 against $1,211,789 a year ago. Diluted earnings per share available to common shareholders was $2.69 against $1.73 a year ago.
For the six months, the company reported sales of $937,333,849 against $900,694,969 a year ago. Operating income was $7,976,463 against $6,145,500 a year ago. Income from operations before income tax expense was $7,366,587 against $5,498,713 a year ago. Net income available to common shareholders was $4,165,659 against $2,933,785 a year ago. Diluted earnings per share available to common shareholders was $5.85 against $4.18 a year ago. Net cash flows from operating activities was $2,576,540 against $1,214,411 a year ago. Purchases of property and equipment was $812,624 against $2,337,626 a year ago.
AMCON Distributing Eyes Acquisitions
Jul 17 15
AMCON Distributing Co. (AMEX:DIT) is looking for acquisitions. Christopher H. Atayan, AMCON's Chairman and Chief Executive Officer said, "We are committed to making the capital investments necessary to compete at the highest level and are actively seeking acquisitions that can benefit from our extensive platform of services."