BUSINESS SEGMENTS (Tables)

6 Months Ended

Mar. 31, 2024

BUSINESS SEGMENTS

Schedule of segment information

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
THREE MONTHS ENDED MARCH 2024
External revenue:
Cigarettes	$	367,878,538	$	—	$	—	$	367,878,538
Tobacco		114,832,151		—		—		114,832,151
Confectionery		37,862,439		—		—		37,862,439
Health food		—		11,224,329		—		11,224,329
Foodservice & other		70,079,849		—		—		70,079,849
Total external revenue		590,652,977		11,224,329		—		601,877,306
Depreciation		1,940,843		214,121		—		2,154,964
Amortization		134,426		—		—		134,426
Operating income (loss)		5,813,354		456,722		(2,926,413)		3,343,663
Interest expense		—		—		2,247,737		2,247,737
Income (loss) from operations before taxes		5,843,163		483,530		(5,174,150)		1,152,543
Total assets		318,821,274		16,312,547		1,023,048		336,156,869
Capital expenditures (1)		14,230,776		726,494		—		14,957,270

(1) Includes $10.0 million purchase of a distribution facility in Colorado City, Colorado.

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
THREE MONTHS ENDED MARCH 2023
External revenue:
Cigarettes	$	364,231,958	$	—	$	—	$	364,231,958
Tobacco		110,422,414		—		—		110,422,414
Confectionery		36,637,059		—		—		36,637,059
Health food		—		11,348,011		—		11,348,011
Foodservice & other		62,354,406		—		—		62,354,406
Total external revenue		573,645,837		11,348,011		—		584,993,848
Depreciation		1,443,546		260,413		—		1,703,959
Amortization		103,794		—		—		103,794
Operating income (loss)		8,921,673		171,448		(3,765,301)		5,327,820
Interest expense		—		—		2,169,541		2,169,541
Income (loss) from operations before taxes		8,847,836		197,980		(5,934,842)		3,110,974
Total assets		302,197,109		17,105,773		1,151,868		320,454,750
Capital expenditures		1,167,966		241,909		—		1,409,875

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
SIX MONTHS ENDED MARCH 2024
External revenue:
Cigarettes	$	763,547,247	$	—	$	—	$	763,547,247
Tobacco		236,183,852		—		—		236,183,852
Confectionery		77,905,569		—		—		77,905,569
Health food		—		21,913,758		—		21,913,758
Foodservice & other		147,285,954		—		—		147,285,954
Total external revenue		1,224,922,622		21,913,758		—		1,246,836,380
Depreciation		3,796,589		443,118		—		4,239,707
Amortization		268,851		—		—		268,851
Operating income (loss)		12,783,479		440,246		(6,056,985)		7,166,740
Interest expense		—		—		4,559,250		4,559,250
Income (loss) from operations before taxes		12,618,261		1,025,478		(10,616,235)		3,027,504
Total assets		318,821,274		16,312,547		1,023,048		336,156,869
Capital expenditures (1)		17,211,107		1,025,663		—		18,236,770

(1) Includes $10.0 million purchase of a distribution facility in Colorado City, Colorado.

	Wholesale		Retail
	Segment		Segment		Other		Consolidated
SIX MONTHS ENDED MARCH 2023
External revenue:
Cigarettes	$	731,921,636	$	—	$	—	$	731,921,636
Tobacco		214,461,534		—		—		214,461,534
Confectionery		69,196,055		—		—		69,196,055
Health food		—		21,609,884		—		21,609,884
Foodservice & other		113,794,247		—		—		113,794,247
Total external revenue		1,129,373,472		21,609,884		—		1,150,983,356
Depreciation		2,193,676		538,636		—		2,732,312
Amortization		146,327		—		—		146,327
Operating income (loss)		17,162,168		(95,168)		(6,219,670)		10,847,330
Interest expense		—		—		3,863,698		3,863,698
Income (loss) from operations before taxes		17,172,664		(44,521)		(10,083,368)		7,044,775
Total assets		302,197,109		17,105,773		1,151,868		320,454,750
Capital expenditures		2,416,033		385,774		—		2,801,807