AMCON posted fully diluted EPS of $2.85, up from $1.42, as net income available to common shareholders more than doubled to $2.7 million.
Sales climbed to $835.3 million from $739.6 million, while operating income rose to $6.2 million from $4.9 million.
Wholesale distribution revenue increased to $824.7 million; operating income was $9.2 million, while retail health food revenue was $10.7 million with a $200,000 operating loss.
Management said it divested two facilities during the quarter to drive operating efficiency, while continuing to pursue strategic acquisition opportunities.
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