AMCON Distributing
DIT

$139

0.72%

Market Cap: $87.6M

About: Amcon Distributing Co is engaged in the wholesale and retail distribution of consumer products such as cigarettes, tobacco, confectionery, health food, and others. It operates in two segments: Wholesale distribution segment distributing consumer products to the retail outlets including convenience stores, grocery stores, liquor stores, drug stores, and tobacco shops in the Central, Rocky Mountain, and Southern regions of the United States; and the Retail health food segment is a specialty retailer of natural/organic groceries and dietary supplements throughout the Midwest and Florida. The company earns a majority of the revenue from the Wholesale distribution segment.

Employees: 1,476

Consumer Staples Groceries, General Line

0

Funds holding %

of 6,686 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

5% more funds holding

Funds holding: 19 [Q1] → 20 (+1) [Q2]

0.66% less ownership

Funds ownership: 11.84% [Q1] → 11.19% (-0.66%) [Q2]

29% less capital invested

Capital invested by funds: $13.7M [Q1] → $9.8M (-$3.92M) [Q2]

38% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 8

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Research analyst outlook

We haven’t received any recent analyst ratings for DIT.

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Financial journalist opinion

AMCON Distributing Company Announces $0.18 Quarterly Dividend

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor, is pleased to announce that the Board of Directors of AMCON declared a quarterly cash dividend of $0.18 per common share. This cash dividend is payable on August 12, 2024 to shareholders of record as of August 2, 2024. AMCON, and its subsidiaries Team Sledd, LLC and Henry's Foods, Inc., is a leading Convenience and Foodservice Distributor of.

AMCON Distributing Company Announces $0.18 Quarterly Dividend

Zacks Investment Research

AMCON (DIT) Q3 Earnings Fall Y/Y on High SG&A Costs, Sales Rise

AMCON's (DIT) fiscal Q3 earnings decline to $2.46 per share due to rising costs, but sales rise to $717.9 million, driven by strong demand in convenience and foodservice distribution.

AMCON (DIT) Q3 Earnings Fall Y/Y on High SG&A Costs, Sales Rise

AMCON Distributing Company Reports Results for the Quarter Ended June 30, 2024

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON” or “the Company”) (NYSE American: DIT), an Omaha, Nebraska based Convenience and Foodservice Distributor, is pleased to announce fully diluted earnings per share of $2.46 on net income available to common shareholders of $1.5 million for its third fiscal quarter ended June 30, 2024. “AMCON's customer-centric philosophy is a competitive advantage in this economic environment, as our customers rely on our ability to deliver a timel.

AMCON Distributing Company Reports Results for the Quarter Ended June 30, 2024

Zacks Investment Research

Zacks Initiates Coverage of AMCON With Neutral Recommendation

Explore why Zacks has given AMCON a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Uncover insights into AMCON's strategic expansions, robust sales growth, and dividend policy while considering challenges like rising expenses and competitive pressures.

Zacks Initiates Coverage of AMCON With Neutral Recommendation

AMCON Distributing Company Completes Acquisition of Richmond Master Distributors, Inc.

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor, is pleased to announce the closing of its previously announced acquisition of Richmond Master Distributors, Inc., of South Bend, Indiana. AMCON, and its subsidiaries Team Sledd, LLC and Henry's Foods, Inc., is a leading Convenience and Foodservice Distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, f.

AMCON Distributing Company Completes Acquisition of Richmond Master Distributors, Inc.

AMCON Distributing Company Announces $0.18 Quarterly Dividend

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor, is pleased to announce that the Board of Directors of AMCON declared a quarterly cash dividend of $0.18 per common share. This cash dividend is payable on May 13, 2024 to shareholders of record as of May 3, 2024. AMCON, and its subsidiaries Team Sledd, LLC and Henry's Foods, Inc., is a leading Convenience and Foodservice Distributor of consum.

AMCON Distributing Company Announces $0.18 Quarterly Dividend

AMCON Distributing Company Acquires Richmond Master Distributors, Inc.

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”, or the “Company”) (NYSE American: DIT), an Omaha, Nebraska-based Convenience and Foodservice Distributor is pleased to announce it has signed an Asset Purchase Agreement to acquire Richmond Master Distributors, Inc. (“Master Distributors”), of South Bend, Indiana. “We are honored that Patrick Carrico and Scott Carrico have chosen AMCON to continue the legacy and stewardship of this outstanding enterprise, with a long history of.

AMCON Distributing Company Acquires Richmond Master Distributors, Inc.

AMCON Distributing Company Reports Results for the Quarter Ended March 31, 2024

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON” or “the Company”) (NYSE American: DIT), an Omaha, Nebraska based Convenience and Foodservice Distributor, is pleased to announce fully diluted earnings per share of $0.89 on net income available to common shareholders of $0.5 million for its second fiscal quarter ended March 31, 2024. “Labor shortages, supply chain issues, inflation, volatility in energy prices, and the impact of rising interest rates continue to present challeng.

AMCON Distributing Company Reports Results for the Quarter Ended March 31, 2024

AMCON Distributing Company Completes Acquisition of Burklund Distributors, Inc.

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce the closing of its previously announced acquisition of Burklund Distributors, Inc., of East Peoria, Illinois. AMCON, and its subsidiaries Team Sledd, LLC and Henry's Foods, Inc., is a leading Convenience and Foodservice Distributor of consumer products, including beverages, candy, tobacco, groceries, foodservice, frozen and refrigerat.

AMCON Distributing Company Completes Acquisition of Burklund Distributors, Inc.

AMCON Distributing Company Acquires Burklund Distributors, Inc.

OMAHA, Neb.--(BUSINESS WIRE)--AMCON Distributing Company (“AMCON”) (NYSE American: DIT), an Omaha, Nebraska-based consumer products company is pleased to announce the acquisition of Burklund Distributors, Inc. (“Burklund”), of East Peoria, Illinois. “We are honored that Jon Burklund and Rob Hackett have chosen AMCON to continue the legacy and stewardship of this third-generation family held business that was established by Edwin Burklund in 1939, and grown by Dale Burklund,” said Christopher H.

AMCON Distributing Company Acquires Burklund Distributors, Inc.

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