AMCON Distributing Company reported diluted earnings per share of $2.13 for its third fiscal quarter ended June 30, 2025. Net income available to common shareholders for the quarter was $1.3 million, representing an 11.5% decrease from $1.5 million in Q3 fiscal 2024.
Consolidated sales for the quarter increased by 3.0% to $739.6 million from $717.9 million in the prior year's quarter. However, operating income declined by 13.5% to $4.9 million, reflecting the impact of higher operating costs.
For the nine months ended June 30, 2025, net income available to common shareholders plummeted by 97.5% to $77,006, resulting in diluted EPS of $0.12, a sharp reversal from $3.1 million ($5.11 EPS) in the prior year. Cash flows from operating activities for the nine-month period were negative $12.5 million, compared to positive $26.9 million in the same period last year. Management is actively evaluating operational synergies from recent acquisition activity amidst a challenging operating environment with persistent inflation and lagging consumer spending.
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