AMCON reports Q1 fiscal 2022 EPS of $5.18 on net income $3.0M

AMCON DISTRIBUTING CO

2022-Q1 EPS reported $5.18 revenue$422,571,278

Diluted EPS of $5.18 on net income available to common shareholders of $3.0M for quarter ended Dec 31, 2021.
Wholesale distribution segment: revenue $410.6M, operating income $7.4M.
Retail health food segment: revenue $11.9M, operating income $0.5M.
Shareholders' equity $79.6M at quarter end; strategic investment in Team Sledd, LLC noted.
Management cites focus on long-term acquisitions and customer-centric strategy.

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