AMCON Distributing Company (DIT)
AMCON Distributing Company operates in the Food Distribution industry of the Consumer Defensive sector, headquartered in Omaha, NE, US. The stock last traded at $62.60, down 9.09% on the session, giving a market capitalisation of $61.1M. On trailing twelve-month figures it carries a trailing P/E of 43.17, a net margin of 0.1%. Its beta of -0.21 implies it has historically moved less than the broad market.
AMCON Distributing Company, through its group of subsidiaries, primarily functions as a wholesale distributor of various consumer goods across the Central, Rocky Mountain, and Mid-South regions of the United States. The company's business operations are structured into two distinct divisions: Wholesale Distribution and Retail Health Food. The Wholesale Distribution segment offers a comprehensive selection of products. These include tobacco and confectionery items, beverages, grocery staples, paper goods, health and beauty products, temperature-controlled provisions (both frozen and refrigerated), and institutional foodservice supplies. Its extensive clientele spans various retail outlets such as convenience stores, general merchandise stores, supermarkets, pharmacies, liquor stores, tobacco shops, and gas stations. Additionally, it caters to institutional customers like restaurants, bars, educational facilities, sports venues, and other wholesale businesses. This division also markets its own private-label brands, which feature items such as bottled water, candy, and batteries. The Retail Health Food segment focuses on the sale of natural, organic, and specialty food items. Its offerings encompass fresh produce, baked goods, frozen foods, dietary supplements, personal care products, and a variety of general merchandise. AMCON operates twenty retail health food stores, trading under the brand names Chamberlin's Natural Foods, Akin's Natural Foods, and Earth Origins Market. Established in 1986, AMCON Distributing Company is headquartered in Omaha, Nebraska.
AMCON Distributing Company is most often compared with the following Consumer Defensive names: