United States

Profile: AMCON Distributing Co (DIT)

DIT on American Stock Exchange

17 Mar 2018
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AMCON Distributing Company (AMCON), incorporated on June 17, 1986, and its subsidiaries are engaged in the wholesale distribution of consumer products in the Central, Rocky Mountain, and Southern regions of the United States. The Company has two segments: wholesale distribution segment (Wholesale segment) and retail health food segment (Retail Segment). The Wholesale Segment offers retailers the ability to utilize manufacturer- and Company-sponsored sales and marketing programs, merchandising and product category management services. Its Retail Segment has conventional, natural, gourmet and specialty food markets, mass and discount retailers, health food stores, dietary supplement retailers and drug stores, among others. Its subsidiaries include The Healthy Edge, Inc, Chamberlin Natural Foods, Inc., Health Food Associates, Inc., Hawaiian Natural Water Co., Inc, Idaho Water 2009, Inc. and AMCON Acquisition Corporation, among others

Wholesale Segment

AMCON's wholesale business offers retailers the ability to use information systems and data services that focus on managing retailers' investment in inventory. The Wholesale Segment distributes consumer products in the Central, Rocky Mountain and Southern regions of the United States. As of September 30, 2016, the Company served approximately 4,000 retail outlets, including convenience stores, grocery stores, liquor stores, drug stores and tobacco shops. As of September 30, 2016, the Company distributed over 16,000 consumer products, including cigarettes and tobacco products; candy and other confectionery; beverages; groceries; paper products; health and beauty care products; frozen and chilled products, and institutional foodservice products. Its wholesale distributing capabilities provide services to manufacturers of consumer products and convenience retailers. As of September 30, 2016, the Company operated in 24 states. As of September 30, 2016, the Wholesale Segment operated distribution in six locations: Illinois, Missouri, Nebraska, North Dakota, South Dakota and Tennessee.

The Company competes with McLane Co. Inc., Core-Mark International, Eby-Brown LLP, Farner-Bocken and H.T. Hackney.

Retail Segment

Its Retail Segment is a specialty retailer of natural/organic groceries and dietary supplements. Its stores also carry health and beauty care products, and other food items. It offers gluten-free, antibiotic-free groceries and meat products, as well as products containing no artificial colors, flavors, preservatives, or partially hydrogenated oils. As of September 30, 2016, it operated 16 health food retail stores, six retail health food stores in Florida under the name Chamberlin's Market & Cafe (Chamberlin's) and 10 in the Midwest under the name Akin's Natural Foods Market (Akin's).

The Company competes with Whole Foods Markets, Trader Joe's, Sprouts Farmers Market, Natural Grocers, General Nutrition Centers and Vitamin World.

Company Address

AMCON Distributing Co

68164-7940 7405 Irvington Rd
PO Box 641940
OMAHA   NE   68164-7940
P: +1402.3313727
F: +1402.3314834

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