DIT's FY25 earnings plunge year over year due to rising operating costs and higher interest expenses, despite modest revenue growth. Strategic acquisitions remain a key focus for management.
DIT posts fiscal Q3 FY25 earnings of $2.13 per share, down YoY as margin pressures and higher SG&A expenses weighed on profits. Sales rose 3% to $739.6 million amid mixed segment results.
DIT incurs a loss in Q2 as rising costs and inflationary headwinds squeeze margins. Yet, revenue grows with continued expansion in wholesale distribution.
DIT's Q1 EPS falls to 57 cents despite 10.3% revenue growth, impacted by rising costs and higher interest expenses. Strategic acquisitions drive growth.
DIT's EPS drops to $7.15 in fiscal 2024 despite revenues climbing to $2.7 billion, as increased SG&A expenses and interest costs weighed heavily on profitability.
AMCON's (DIT) fiscal Q3 earnings decline to $2.46 per share due to rising costs, but sales rise to $717.9 million, driven by strong demand in convenience and foodservice distribution.
Explore why Zacks has given AMCON a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Uncover insights into AMCON's strategic expansions, robust sales growth, and dividend policy while considering challenges like rising expenses and competitive pressures.