AMCON Q1 FY2024 EPS $1.78 on net income $1.1M; equity $106.9M

AMCON DISTRIBUTING CO

2024-Q1 EPS reported $1.78 revenue$644,959,073

Diluted EPS of $1.78, net income available to common shareholders $1.1M for quarter ended Dec 31, 2023.
Shareholders' equity $106.9M as of Dec 31, 2023; company cites strong liquidity for merchandising opportunities.
New 175,000 sq ft distribution facility in Springfield, MO partially operational in Q1; further investment planned.
CEO cites labor shortages, supply chain, inflation, and interest rates as ongoing challenges; pursuing acquisitions.
Investing heavily in foodservice, technology platforms, and staffing to expand geographic reach.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMCON DISTRIBUTING CO reported first fiscal quarter ended December 31, 2023 results: EPS fully diluted earnings per share of $1.78.

Period: first fiscal quarter ended December 31, 2023
EPS: fully diluted earnings per share of $1.78
Result: reported results

Exact text from the filing

fully diluted earnings per share of $1.78 on net income available to common shareholders of $1.1 million for its first fiscal quarter ended December 31, 2023.

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Source: SEC EDGAR

accession 0001157523-24-000073

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