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. It operates through two segments, Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment distributes 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. It serves retailers, such as convenience stores, discount and general merchandise stores, grocery stores, drug stores, and gas stations; and inst...
7405 Irvington Road
Omaha, NE 68122
Founded in 1981
AMCON Distributing Company Announces Special Dividend, Payable on January 30, 2017
Dec 22 16
AMCON Distributing Company announced 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 30, 2017 to shareholders of record as of January 6, 2017.
AMCON Distributing Co., Annual General Meeting, Dec 22, 2016
Nov 17 16
AMCON Distributing Co., Annual General Meeting, Dec 22, 2016, at 13:00 Central Standard Time. Location: Omaha Hilton Hotel 1001 Cass Street Omaha Nebraska United States Agenda: To elect two Class II directors to hold office for a three-year term expiring at the company’s annual meeting of stockholders following the company’s 2019 fiscal year, and until their respective successors are duly elected and qualified or until their respective earlier resignation or removal; to consider and act upon ratification and approval of the selection of RSM US LLP as the company’s independent registered public accounting firm for the company’s 2017 fiscal year; to consider and act upon advisory approval of the compensation of the company’s executives; and to consider and act upon any other matters which may properly come before the meeting.
AMCON Distributing Company Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2016
Nov 8 16
AMCON Distributing Company reported Unaudited Consolidated earnings results for the fourth quarter and full year ended September 30, 2016. For the quarter, the company reported sales of $342,769,000 compared to $344,522,000 for the same period a year ago. Income from operations before income tax expense was $2,660,000 compared to $3,396,000 a year ago. Net income was $1,626,000 compared to $2,050,000 a year ago. Net income available to common shareholders was $1,613,000 compared to $2,001,000 a year ago. Diluted earnings per share available to common shareholders were $2.62 compared to $2.73 a year ago.
For the year, the company reported sales of $1,294,625,223 compared to $1,281,855,896 for the same period a year ago. Operating income was $10,873,935 compared to $11,534,963 for the same period a year ago. Income from operations before income tax expense was $10,255,673 compared to $10,762,278 a year ago. Net income was $5,980,673 compared to $6,361,278 a year ago. Net income available to common shareholders was $5,820,313 compared to $6,166,173 a year ago. Diluted earnings per share available to common shareholders were $8.38 compared to $8.59 a year ago. Net cash flows from operating activities was $18,386,340 compared to net cash used in operating activities of $2,560,285 a year ago. Purchase of property and equipment was $1,594,848 compared to $1,018,391 a year ago. Book value per share as at September 30, 2016 was $97.11. Adjusted book value per share as at September 30, 2016 was $96.03.