Quarterly ResultAug 5, 2026, 04:30 PM
AMCON Q3 Net Income +104% to $2.69M; EPS $2.89
AI Summary
AMCON Distributing Company reported a strong third quarter for 2026, with net income available to common shareholders more than doubling to $2.69 million, and basic EPS increasing by 102% to $2.89. Sales for the quarter also saw a healthy rise of 12.9% to $835.34 million. The company completed the redemption of the remaining non-controlling interest in Team Sledd, bringing its ownership to 100%, and generated a $1.8 million gain from the sale of two distribution facilities.
Key Highlights
- Net income available to common shareholders for Q3 2026 increased 104% to $2.69 million from $1.32 million in Q3 2025.
- Basic earnings per share for Q3 2026 rose 102% to $2.89, up from $1.43 in Q3 2025.
- Sales for Q3 2026 grew 12.9% to $835.34 million, compared to $739.62 million in Q3 2025.
- For the nine months ended June 30, 2026, net income was $1.31 million, a substantial increase from $0.08 million in the prior year.
- The company sold two distribution facilities for $5.6 million, realizing a gain of $1.8 million.
- AMCON increased its ownership in Team Sledd to 100% by redeeming the remaining non-controlling interest.
- Wholesale Segment external revenue for Q3 2026 was $824.66 million.
- Retail Segment external revenue for Q3 2026 was $10.68 million.
Price Impact
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