secwatch.observer — SEC 8-K summary
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Issuer:     AMCON DISTRIBUTING CO (DIT)
CIK:        0000928465
Form:       8-K
Filed at:   2024-07-18T23:59:59+00:00
Accession:  0001104659-24-080839
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMCON Q3 FY2024 EPS $2.46, revenue $717.9M; notes acquisition of Richmond Master Distributors
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- Diluted EPS $2.46 on net income $1.5M; revenue $717.9M for quarter ended June 30, 2024.
- Completed acquisition of Richmond Master Distributors, Inc. during the quarter.
- Investing in 175k sq ft distribution facility in Springfield, MO and 250k sq ft facility in Colorado City, CO; new retail store in Lakewood Ranch, FL.
- Amended bank credit facilities for added flexibility; shareholders' equity approximately $110.0M.
- Challenges cited: labor shortages, supply chain issues, inflation, energy volatility, rising interest rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928465/000110465924080839/0001104659-24-080839-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928465/000110465924080839/tm2419731d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-080839

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