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AMCON's Q3 Earnings Slump Y/Y Despite Modest Revenue Growth
ZACKS· 2025-07-25 18:36
Core Insights - AMCON Distributing Company's shares increased by 4.9% following the earnings report for the quarter ended June 30, 2025, outperforming the S&P 500's 1.2% growth during the same period [1] - The company reported earnings per share of $2.13, down from $2.46 in the prior-year quarter [1] Financial Performance - Quarterly sales rose by 3% year over year to $739.6 million, up from $717.9 million, driven by modest revenue gains across two operating segments [2] - Operating income fell by 13.5% to $4.9 million compared to $5.6 million in the prior-year period [2] - Net income available to common shareholders decreased to $1.3 million from $1.5 million a year earlier [2] Segment Performance - The wholesale distribution segment generated revenues of $728.3 million and operating income of $7.3 million [3] - The retail health food segment contributed $11.3 million in revenues and $0.1 million in operating income [3] - Gross profit increased to $49.6 million from $48 million, while selling, general, and administrative expenses rose by 6.5% to $42.5 million due to inflation-related costs [3] Cost and Expenses - Interest expenses were $2.7 million, slightly down from $2.9 million last year [4] - Income before taxes decreased to $2.1 million from $2.4 million in the prior-year quarter [4] Management Insights - The CEO emphasized the focus on integrating recent acquisitions and optimizing new facilities to strengthen AMCON's position as the third-largest convenience distributor in the U.S. [5] - The COO acknowledged challenges in the convenience retailing sector, including sluggish consumer spending and persistent inflation, while reaffirming foodservice as a strategic growth area [6] Macroeconomic Factors - AMCON's results reflect broader macroeconomic pressures, particularly inflation affecting product costs and operating expenses, which have compressed margins despite revenue growth [7] Dividend and Shareholder Returns - The company maintained its dividend payout at $0.18 per share for the quarter, consistent with the prior year, totaling $0.82 per share year-to-date [8] Financial Position - As of June 30, 2025, shareholders' equity was $113.2 million, up from $111.7 million as of September 30, 2024 [9] - Cash and equivalents were reported at $0.8 million, with total assets reaching $393.9 million [9] Cash Flow and Capital Expenditures - Cash flows from operations were negative $12.5 million for the nine-month period ended June 30, 2025, compared to positive $26.9 million in the prior-year period [10] - Capital expenditures totaled $8.2 million, with acquisitions consuming an additional $6.1 million in cash [10] Recent Developments - AMCON completed the acquisition of Arrowrock Supply for approximately $6.1 million in cash, aligning with its strategy to expand in the convenience distribution space [11]
Tech Promised Everything. Did it deliver? | Scott Hanselman | TEDxPortland
TEDx Talks· 2025-07-17 16:17
[Music] Heat. Heat. [Music] [Applause] Hi friends.In 1984, a teacher made a promise to me that tech was going to change everything. Her name was Mrs. . Marian Mayfield Hill.She was a Portland jazz legend and my fifth grade home room teacher. And one day when I was around 10, she brought a computer into my life. She showed us an Apple 2.She brought it into our space. She told us we could create. This is the tool that's going to change everything.She said, "We're going to make things with this." And this fit ...
ARKO Corp. Unveils its First Enhanced Food and Beverage Pilot Store in Ashland, VA, Launches New Food Concept fascraves
GlobeNewswire News Room· 2025-06-25 12:00
Core Insights - ARKO Corp. has opened its first food-focused remodeled store in Ashland, Virginia, featuring its new food brand, fas craves, aimed at enhancing the convenience store experience [1][4][6] Group 1: Store Launch and Concept - The Ashland location is part of a pilot program that includes eight sites, with six remodels and two new builds, focusing on a menu of hot and cold grab-n-go items [2] - The fas craves menu includes a variety of offerings such as crispy chicken biscuits, potato wedges, mozzarella sticks, and various beverages like nitro cold brew and frozen coffee [3] Group 2: Customer Experience and Design - The remodeled store features a customer-friendly layout, digital menu boards, and a contemporary design, all aimed at improving the shopping experience [4] - The store's product assortment is shaped by customer feedback, ensuring it meets the needs of today's on-the-go consumers [4] Group 3: Promotions and Future Plans - To celebrate the opening, special food deals are offered, including Ultimate Chicken Tenders and discounted drinks [5] - The fas craves brand will continue to expand alongside store remodels across ARKO's network, bringing new food options to a wider customer base [6]
Why There’s a Billion-Dollar Battle to Own 7-Eleven
Bloomberg Originals· 2025-05-29 23:00
Fruit smoothies, sandwiches, onigiris, bento boxes. Looks pretty good, right. And if you've ever visited Japan, you've probably sampled 7-Eleven’s finest.Yes, 7-Eleven the convenience store. Where eager tourists make the pilgrimage to see how many meals they can have there a day. They basically serve gourmet convenience.Unlike in the US. Burgers, slushies. Hot dogs.While 7-Eleven perfected its model in Japan, it struggled to replicate it overseas. And that's at the center of a new battle that could determin ...
Veeva(VEEV) - 2026 Q1 - Earnings Call Presentation
2025-05-28 20:10
Q1'26 Quarterly Results May 28, 2025 Safe Harbor and Other Information This presentation and associated commentary contain forward-looking statements regarding Veeva's expected future performance and, in particular, includes guidance, provided as of May 28, 2025, about Veeva's expected future financial results. Estimating guidance accurately for future periods is difficult. It involves assumptions and internal estimates that may prove to be incorrect and is based on plans that may change. Hence, there is a ...
Stasher and Quadient Partner to Launch Nationwide Luggage Storage Using UK Smart Locker Network
Globenewswire· 2025-05-07 06:00
Core Insights - Quadient has announced a strategic partnership with Stasher to enhance luggage storage options in the UK, expanding Stasher's network significantly [1][4] - The collaboration integrates Stasher's booking system with Quadient's smart lockers, providing travelers with more flexible and secure luggage storage solutions [3][5] - Quadient's Parcel Pending smart lockers will now serve as luggage storage hubs, further demonstrating the versatility and consumer-centric focus of their services [4][5] Company Overview - Quadient is a global automation platform that facilitates secure and sustainable business connections through both digital and physical channels [8] - The company is actively expanding its smart locker network, with over 25,700 units installed globally and a target of 40,000 by 2030 [5] - Stasher operates in over 1,100 cities worldwide, providing a network of verified hotels, shops, and smart lockers for secure luggage storage [7]
Curbline Properties Corp.(CURB) - 2025 Q1 - Earnings Call Transcript
2025-04-24 18:48
Curbline Properties Corp. (NYSE:CURB) Q1 2025 Earnings Call April 24, 2025 8:00 AM ET Company Participants Stephanie Ruys de Perez - Vice President, Capital Markets David Lukes - Chief Executive Officer Conor Fennerty - Chief Financial Officer Conference Call Participants Craig Mailman - Citi Ronald Kamdem - Morgan Stanley Todd Thomas - KeyBanc Capital Markets Alexander Goldfarb - Piper Sandler Michael Mueller - JPMorgan Paulina Rojas - Green Street Floris Van Dijkum - Compass Point Research Operator Thank ...
舌尖上的便捷:2024方便食品行业全景洞察
数字100· 2025-04-14 10:55
舌尖上的便捷: 2024方便食品行业全景洞察 ⚫ 行业背景与发展趋势:随着全球化和城市化进程的加快,人们生活节奏变快,对便 捷、快速的食品需求日益增长。方便食品因其易于储存、快速食用的特点,成为现 代生活中不可或缺的一部分。 ⚫ 白皮书目的与研究范围:本白皮书旨在分析方便食品行业的当前状况、未来趋势以 及面临的挑战,并探讨如何利用数字化工具进行市场调研和决策支持。 ⚫ 敏捷洞察数字化调研平台简介:敏捷洞察是一个利用在线调研、大数据和人工智能 技术,为企业提供即时市场洞察和消费者行为分析的数字化调研平台。 方便食品的定义 | | 传统方便食品 | | 新兴方便食品 | 健康方便食品 | 特色方便食品 | | --- | --- | --- | --- | --- | --- | | ○ | 方便面:预包装的面条, | ○ | 自热食品:包含自热包的 | ○ 营养代餐:为满足特定营 | ○ 地方特色小吃:模拟地方 | | | 通常附带调味料包,通过 | | 方便食品,如自热火锅、 | 养需求设计的方便食品, | 特色小吃风味的方便食品, | | | 加热水即可食用。 | | 自热米饭等,无需外部热 | 如代餐奶昔 ...
BJ’s Wholesale Club (BJ) - 2025 Q4 - Earnings Call Transcript
2025-03-06 14:32
BJ’s Wholesales (BJ) Q4 2025 Earnings Call March 06, 2025 08:30 AM ET Company Participants Catherine Park - VP - Investor RelationsBob Eddy - Chairman & CEOPeter Benedict - Managing Director - Equity ResearchLaura Felice - Executive VP & CFOEdward Kelly - Managing Director - Equity ResearchBill Werner - EVP - Strategy & DevelopmentOliver Chen - Managing Director - Retail, Luxury, New Platforms Sector HeadChuck Grom - Managing DirectorSimeon Gutman - Managing Director Conference Call Participants Robert Ohme ...