Announces Fiscal Q3 2025 Earnings Results and Strategic Progress
AMCON Distributing Company (“AMCON” or “the Company”) (NYSE American: DIT), a leading convenience and foodservice distributor headquartered in Omaha, Nebraska, has announced financial results for its third fiscal quarter ended June 30, 2025. The Company reported net income available to common shareholders of $1.3 million, translating to fully diluted earnings per share of $2.13.
Christopher H. Atayan, AMCON’s Chairman and Chief Executive Officer, highlighted the ongoing efforts by the Company’s leadership team to integrate recent acquisitions and optimize the use of new facilities. These initiatives are designed to enhance AMCON’s ability to deliver an industry-leading array of programs and services to its diverse customer base. He noted, “Our system integration work is fundamental to our operating model. As the third-largest convenience distributor in the United States based on geographic territory, we are laser-focused on delivering an exceptional level of customer service across all markets we serve.”
Atayan further emphasized the Company’s proactive approach to customer engagement, even in the face of operational challenges. “Our customer-first philosophy is particularly valuable when facing adverse weather or logistical disruptions. Regardless of conditions, we ensure our retail partners receive a reliable and timely supply of goods and services,” he stated. “As AMCON continues to expand, our retail partners are increasingly enthusiastic about our integrated suite of marketing and merchandising tools, including advanced advertising, design, print, and electronic display programs. These capabilities empower our customers with a competitive edge in their respective markets.”
The Company also remains committed to its growth strategy through mergers and acquisitions. Atayan added, “We are continually evaluating strategic acquisition opportunities in the convenience and foodservice distribution sectors. Our goal is to partner with distributors—especially family-owned businesses—who share our customer-centric values and wish to preserve and expand the legacy of their enterprises by joining forces with AMCON.”
Despite a challenging macroeconomic environment, AMCON continues to execute its strategy with resilience. Andrew C. Plummer, AMCON’s President and Chief Operating Officer, addressed the broader market dynamics and their impact on the convenience retailing industry. “We are operating in a complex landscape shaped by inflationary headwinds, evolving consumer behaviors, and declining discretionary spending,” Plummer explained. “Over the past several years, inflation has contributed to a significant increase in operating expenses for convenience distributors. This includes rising costs in product sourcing, labor, employee benefits, equipment, and insurance.”
Plummer further noted that these economic pressures are also prompting increased consolidation within the distribution industry. “Despite these challenges, AMCON has continued to adapt and evolve. Our foodservice division, in particular, remains a strategic priority,” he said. “We are investing in proprietary foodservice programs and store-level merchandising solutions that deliver tangible value to our retail partners. We now offer turnkey foodservice models that enable retailers to compete effectively with national quick-service restaurant (QSR) chains. This positions us as not just a distributor, but a strategic partner for growth.”
For the fiscal quarter ended June 30, 2025, AMCON’s wholesale distribution segment generated revenues of $728.3 million and posted an operating income of $7.3 million. Meanwhile, the Company’s retail health food segment contributed revenues of $11.3 million and operating income of $0.1 million. These results demonstrate AMCON’s diversified revenue streams and operational strength across both wholesale and retail business units.
Charles J. Schmaderer, AMCON’s Chief Financial Officer, provided further insight into the Company’s financial posture. “We continue to maintain a disciplined approach to managing our balance sheet and optimizing liquidity,” Schmaderer said. “As of June 30, 2025, our shareholders’ equity stood at $113.2 million. In addition, we are currently evaluating several operational synergies that may emerge from our recent acquisition activity, with the objective of driving further efficiencies across our business.”
AMCON, together with its subsidiaries Team Sledd, LLC and Henry’s Foods, Inc., operates as a major convenience and foodservice distributor. The Company offers a wide array of consumer products, including beverages, candy, tobacco, groceries, frozen and refrigerated foods, automotive supplies, and health and beauty care items. It serves a broad market footprint spanning 34 states through 14 strategically located distribution centers across Colorado, Idaho, Illinois, Indiana, Minnesota, Missouri, Nebraska, North Dakota, South Dakota, Tennessee, and West Virginia.
Additionally, AMCON operates 15 health and natural product retail stores in the Midwest and Florida under its Healthy Edge Retail Group banner. These retail outlets focus on delivering high-quality nutritional and wellness products to health-conscious consumers, thereby complementing the Company’s core wholesale distribution operations.
Looking forward, AMCON continues to position itself as a growth-focused and agile organization committed to excellence in customer service, operational execution, and strategic expansion. The Company’s leadership sees a significant opportunity to leverage its scale, infrastructure, and marketing tools to create value for its retail customers and shareholders alike.
However, AMCON also cautioned investors that its forward-looking statements are subject to various risks and uncertainties. These statements reflect current expectations and estimates related to future economic conditions, company performance, and industry dynamics. A range of factors could cause actual results to differ materially from those predicted in these statements, including, but not limited to, the availability of adequate liquidity, changes in consumer demand, and economic volatility. Investors are advised to consider the risk disclosures detailed in Item 1.A. of the Company’s most recent Annual Report on Form 10-K.
In line with best practices and federal guidelines, AMCON asserts its right to the safe harbor protections for forward-looking statements under the Private Securities Litigation Reform Act of 1995.
