AMCON Q3 FY2022 EPS $10.27, revenue $550.6M; consolidating Team Sledd

AMCON DISTRIBUTING CO

2022-Q3 EPS reported $20.62 revenue$1,365,043,621

Diluted EPS of $10.27 on net income of $6.0M for quarter ended June 30, 2022.
Wholesale distribution segment revenue $539.2M, operating income $9.4M; includes Team Sledd contribution of $108.7M revenue and $1.6M operating income.
Retail health food segment revenue $11.4M, operating income $0.2M.
Acquired controlling interest in Team Sledd; recorded $2.4M gain on ownership interest.
Expanded revolving credit facility with Bank of America and BMO Harris to fund growth; new 160,000 sq ft distribution center near Springfield, MO.

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