AMCON Q1 fiscal 2023 EPS $4.46; revenue $566M; wholesale segment operating income $8.2M

AMCON DISTRIBUTING CO

2023-Q1 EPS reported $4.46 revenue$565,989,507

Diluted EPS $4.46 on net income available to common of $2.6 million for quarter ended Dec 31, 2022.
Wholesale distribution segment revenue $555.7M and operating income $8.2M; retail health food revenue $10.3M with operating loss $0.3M.
Consolidated shareholders' equity $94.7M at quarter end; company maintains high liquidity.
CEO cites ongoing search for acquisition opportunities in convenience and foodservice distribution.
Company investing in foodservice and technology platforms; customer base growing.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMCON DISTRIBUTING CO reported first fiscal quarter ended December 31, 2022 results: net income $2.6 million, EPS $4.46.

Period: first fiscal quarter ended December 31, 2022
Net income: $2.6 million
EPS: $4.46
Result: reported results

Exact text from the filing

AMCON Distributing Company (“AMCON” or “Company”) (NYSE American: DIT), an Omaha, Nebraska based consumer products company, is pleased to announce fully diluted earnings per share of $4.46 on net income available to common shareholders of $2.6 million for its first fiscal quarter ended December 31, 2022.

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Source: SEC EDGAR

accession 0001157523-23-000061

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