Amcon Distributing(NYSEMKT) DIT

AMCON supplies everyday products like snacks and drinks to convenience stores. It also runs health food shops selling organic groceries. These services help retailers keep shelves stocked and offer healthier choices to shoppers.

Snack Attack: What’s on the Shelves?

• Wholesale Distribution (98.5% of revenue): Delivers cigarettes, snacks, drinks, groceries, and supplies to 7,900 retail outlets.
• Retail Health Food (1.5% of revenue): Operates 15 stores selling organic foods, supplements, and personal care items.
• Private Label Products: Offers store-brand water, candy, and batteries for retailers seeking exclusive products.
• Foodservice Supplies: Provides bulk food and supplies to restaurants, schools, and sports venues.

Growth Spurts: How AMCON Got Bigger

• Acquired Arrowrock Supply in January 2025, expanding market reach and service capabilities.
• Bought Burklund Distributors and Richmond Master Distributors in 2024 to grow its wholesale network.
• Opened a new distribution center in Colorado City, Colorado in July 2025, increasing access to western U.S. markets.
• Invested in new foodservice programs and proprietary technology to support retailers.

What Makes AMCON Stand Out?

AMCON covers 34 states with 14 distribution centers and serves approximately 7,900 retail locations. Its value-added services, like inventory management and trade credit, help retailers operate efficiently. The company’s focus on technology and recent acquisitions strengthens its competitive position in wholesale distribution.

Five Things You Need to Know

• Revenue was $1.16 billion in QQ4 2025, up 55.1% year-over-year.
• Gross profit was $49 million in QQ4 2025, flat year-over-year.
• Operating income fell 31.4% to $4 million in QQ4 2025.
• Net income dropped 60.2% to $491,733 in QQ4 2025.

Bottom Line

AMCON has grown through acquisitions and expanded its reach in wholesale and health food retail. Its broad product range and distribution network help retailers meet everyday consumer needs.