Amcon Distributing Co (DIT) News & EventsDITAmcon Distributing Co

AMCON Officially Lists on NYSE Texas

AMCON Distributing Company announces its official listing on the NYSE Texas Exchange, effective August 13, 2026. AMCON will maintain its primary listing on the NYSE American Stock Exchange and trade with the same "DIT" ticker symbol on the NYSE Texas. "We are proud to be a member of the Texas business community where our growth has been central to the success of our company," said Christopher H. Atayan, AMCON's Chairman and Chief Executive Officer. He added, "Listing on NYSE Texas emphasizes our support for Texas' efficient business friendly environment and emergence as a leading capital markets center in the United States. This action aligns with AMCON's long-term vision of enhancing shareholder value."

Oil Prices Surge to $90 per Barrel Amid Strait of Hormuz Tensions

Tensions in the Strait of Hormuz are percolating again as Iranian officials have walked back its messaging of a deal being reached and President Trump upped his bellicose rhetoric, stating that it is unlikely that Wednesday's deadline for ceasefire will be extended.  Oil prices jumped on the news toward $90 per barrel and Energy was the best performing sector in the S&P 500, though the impact on broader sentiment was relatively mild, with U.S. indices finishing lower by less than 0.3%.  Communication Services was the worst performing area of the market as Netflixremained weak after last week's post-earnings selloff and Metaalso turning in the worst performance among the MAG-7.In the opening hour of the evening session, index futures are more upbeat - S&P e-minis are up a decimal and Nasdaq 100 contract is up 0.2%.  Of note afterhours, Amazon.comhas continued its climb toward record highs after announcing an expanded investment in Anthropic.  Applemeanwhile is laying the groundwork for a leadership transition, announcing John Ternus will be the company's next CEO while  Tim Cook transitions to a role of Executive Chairman effective September 1.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -RBB Bancorpup 4.2%CNB Financialup 2.0%Flexsteel Industriesup 1.6%Steel Dynamicsup 0.5%NETSTREITup 0.5%ALSO HIGHER -Amazon.comup 2.6% after announcing expanded investment in AnthropicDOWN AFTER EARNINGS -Washington Trust Bancorpdown 7.1%Alaska Air Groupdown 5.4%Zions Bancorporationdown 3.0%AMCON Distributingdown 1.8%ALSO LOWER -Spruce Biosciencesdown 14.2% after equity offeringAXT, Inc.down 11.9% after Q1 pre-announcement, equity offeringApple (down 0.5% after announcing succession plan for CEO Cook

AMCON Reports Q2 Revenue of $715.65M

Reports Q2 revenue $715.65M vs $619.5M last year. "AMCON's commitment to proprietary foodservice programs and custom curated store level merchandising is a value-added approach to convenience distribution. We now have the capability to offer turn-key solutions that enable our retail partners the ability to compete favorably with the Quick Service Restaurant industry. Our foodservice programs are supported by AMCON's industry leading platform of services, as well as the foundational support of our operating philosophy centered on a superior level of customer service," said Christopher H. Atayan, AMCON's Chairman and Chief Executive Officer. He further noted, "We continue to actively seek strategic acquisition opportunities for Convenience and Foodservice Distributors, and their families, who desire to align with our customer focused approach philosophy and further the legacy of their enterprises."