earnings
confidence high
sentiment positive
materiality 0.75
AMCON reports FY2022 EPS of $28.59, net income $16.7M, wholesale revenue $2.0B
AMCON DISTRIBUTING CO
2022-FY EPS reported
$28.59
revenue$2,010,798,385
- Fully diluted EPS of $28.59 on net income of $16.7 million for fiscal year ended September 30, 2022.
- Wholesale distribution segment: revenue $2.0 billion, operating income $35.6 million; retail health food: revenue $46.2 million, operating income $0.5 million.
- Shareholders' equity $92.8 million; inventory turned 19 times in fiscal 2022.
- Investing in foodservice, technology, new 173,500 sq ft facility in Springfield, MO; seeking strategic acquisitions.