AMCON Distributing Sees Record Fourth Quarter EPS and Revenue
January 31, 2023
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The company specializes in the distribution of convenience items such as food, beverages, health and beauty products, and tobacco products to retailers. AMCON ($NYSEAM:DIT) Distributing reported a fourth quarter GAAP Earnings Per Share (EPS) of $4.46 and Revenue of $565.98 million. This marks the highest quarterly EPS and revenue in the company’s history. The strong results were driven by growth in several key areas. The company’s fourth quarter results were also supported by improved efficiency and cost control initiatives.
AMCON’s management team was able to reduce costs by streamlining operations as well as leveraging their existing supply chain network to drive cost savings. Overall, AMCON Distributing’s strong fourth quarter performance demonstrated the company’s ability to generate consistent returns for its shareholders. The company’s solid financial results are a testament to its strong management team and their commitment to driving long-term value for investors.
Price History
The company’s stock opened at $178.0 and closed at $178.4, down by 0.3% from its prior closing price of 178.8. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Amcon Distributing. More…
| Total Revenues | Net Income | Net Margin |
| 2.15k | 16.3 | 0.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Amcon Distributing. More…
| Operations | Investing | Financing |
| -24.98 | -15.65 | 40.24 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Amcon Distributing. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 330.87 | 236.16 | 158.74 |
Key Ratios Snapshot
Some of the financial key ratios for Amcon Distributing are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.2% | 43.1% | 1.2% |
| FCF Margin | ROE | ROA |
| -1.9% | 17.0% | 4.8% |
VI Analysis
AMCON DISTRIBUTING is a low risk investment, according to the VI Risk Rating. Its fundamentals reflect its long-term potential, as evidenced by the app’s analysis. The app allows users to quickly and easily assess the company’s financial and business aspects to gain a better understanding of its risk profile. The app provides an overview of the company’s financial health, including balance sheet strength, cash flow growth, and profitability. It also provides insights into the company’s business operations and management, such as competitive advantages, market trends, and strategic direction. All this information is presented in a simple and easy-to-understand format that makes it easier to identify potential risks and opportunities. Additionally, the app also provides users with access to in-depth research on the company’s operations, including detailed financial reports and analysis. This makes it easier for investors to make informed decisions about AMCON DISTRIBUTING’s long-term prospects. By using the app, users can take advantage of this valuable information to make better decisions about their investments. Overall, the VI Risk Rating provides a comprehensive overview of AMCON DISTRIBUTING’s risk profile. By using the app, investors can quickly and easily assess the company’s financial and business aspects to gain a better understanding of its long-term potential. With this information, they can make more informed decisions about their investments in AMCON DISTRIBUTING. More…
VI Peers
The competition between Amcon Distributing Co and its competitors Metcash Ltd, SpartanNash Co, and iFresh Inc is fierce. These companies are all striving to provide their customers with the best products, services, and prices in the industry. Each company is looking for ways to outpace the competition and gain a competitive edge in the market. By leveraging their strengths, these companies are constantly innovating and pushing each other to be better.
– Metcash Ltd ($ASX:MTS)
Metcash Ltd is a leading Australian distributor and marketer of groceries, fresh food, and hardware. It has a market capitalisation of 3.99 billion as of 2022, indicating that the company is well-established and performing well. Metcash’s return on equity (ROE) of 22.07% is a measure of the profitability of the company and shows that Metcash has been able to generate strong returns for shareholders. The company’s strong financials indicate that it is well-positioned to continue to operate successfully in the future.
– SpartanNash Co ($NASDAQ:SPTN)
SpartanNash Co is a large food distributor and grocery retailer in the United States. As of 2022, the company has a market cap of 1.11 billion US dollars and a Return on Equity of 7.43%. Market capitalization is a measure of the company’s size and reflects the total value of its outstanding shares. The Return on Equity (ROE) measures how efficiently a company generates profits from the capital it has raised from shareholders. SpartanNash Co’s market cap and ROE indicate a healthy company that is able to generate significant profits from its operations.
– iFresh Inc ($OTCPK:IFMK)
iFresh Inc is a leading Asian American grocery supermarket chain and online grocer specializing in fresh produce, seafood and other products. The company currently operates over 20 stores across the United States, with a focus on the East Coast. As of 2022, iFresh Inc has a market cap of 182.92k, which reflects the overall value of the company. Furthermore, iFresh Inc has a Return on Equity (ROE) of -0.95%. This indicates that the company has been unable to generate sufficient returns on its invested capital and could be an indicator of financial distress.
Summary
This impressive performance was driven by strong sales across all areas of the business, including sales of food products, general merchandise, and health and beauty products. Furthermore, the company’s cost-control initiatives have resulted in savings that were reflected in the improved profitability.
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