MGPI - Earnings announcements

Company reaffirms full-year 2026 financial outlook and declares $0.12 quarterly dividend MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the first quarter ended March 31, 2026. "I'm pleased with our first quarter results, as sales were in-line with expectations, while adjusted EBITDA and adjusted basic EPS came in ahead of our plans. During the quarter, we remained focused on disciplined execution and long-term value creation, as we continued to navigate a challenging industry backdrop," said Julie Francis, president and CEO. "We also maintained momentum in our premium plus portfolio, led

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced it plans to report results for the first quarter of 2026 prior to the opening of the Nasdaq market on Wednesday, April 29. On that day, Julie Francis, president and CEO, and Brandon Gall, CFO, will host a conference call at 10 a.m. ET to discuss the results, provide a general business update and answer questions. Please visit the News and Events section of the company's Investor Relations site to access the webcast. Investors can also dial (844) 308-6398 or (412) 717-9605 (international) to listen to the call. A replay will be available on the company's

Full-year results above the top end of guidance; Provides 2026 financial outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the fourth quarter and full-year ended December 31, 2025. "2025 was a year of deliberate repositioning for MGP," said Julie Francis, president and CEO. "I am pleased with the team's efforts as we did what we said we will do and made meaningful progress against each of the five initiatives we outlined at the start of the year, advanced our key priorities, and delivered full-year financial results above our prior expectations." She added, "From an industry standp

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the fourth quarter and full year ended December 31, 2025, on Wednesday, February 25, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Julie Francis, President and CEO, Brandon Gall, CFO, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-308-6398 (domestic) or 412-717-9605 (int

Solid third quarter results; Raises full-year adjusted EBITDA and EPS outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the third quarter ended September 30, 2025. "Our third quarter results demonstrate the resilience of our business and our team's ability to continue to deliver against our key initiatives amid ongoing industry headwinds," said Julie Francis, president and CEO. "Our premium plus brands again delivered solid growth and our brown goods decline came in slightly better than anticipated. In our Ingredient Solutions segment, operational execution was below expectations, an

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the third quarter ended September 30, 2025, on Wednesday, October 29, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Julie Francis, President and CEO, and Brandon Gall, CFO, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-308-6398 (domestic) or 412-717-9605 (international)

Solid second quarter results; Reaffirms 2025 sales and adjusted earnings outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the second quarter ended June 30, 2025. "Our second quarter results came in largely as expected as we delivered solid execution and sequential improvement across all three business segments. Our decisive actions to improve visibility with our customers are working as second quarter brown goods volume and price declines were in line with our expectations. Our teams remain tightly focused on key initiatives and continue to execute on our strategic priorities, which

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2025, on Thursday, July 31, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Julie Francis, President and CEO, Brandon Gall, CFO, and Mark Davidson, Corporate Controller and Head of Treasury, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-3

Encouraging first quarter results; Reaffirms full year 2025 financial outlook MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the first quarter ended March 31, 2025. "We are pleased with first quarter results that keep us on track to meet our full-year guidance. While elevated industry-wide barrel whiskey inventories and a cautious consumer environment remain as headwinds, we saw signs of positive progress across all three of our business segments. These early signs of stabilization give us confidence that the proactive actions we are taking are beginning to take hold," said Brandon Gall, In

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the first quarter ended March 31, 2025, on Thursday, May 1, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Brandon Gall, interim President and CEO, and CFO and Mark Davidson, Corporate Controller and Head of Treasury, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-308-6398 (

Fourth quarter results in line with expectations; Provides 2025 financial guidance MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2024. "Despite ongoing industry-wide challenges, our fourth quarter results were in line with our expectations. Elevated industry-wide barrel whiskey inventories continue to weigh on overall brown goods sales and pricing trends, pressuring our financial performance and overshadowing the meaningful strides we continue to make across our Branded Spirits and Ingredient Solutions businesses. Led by Penelope, our p

MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2024, on Wednesday, February 26, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management on the call will include Brandon Gall, Interim President and CEO, and CFO. A webcast will be available at the "News and Events" section of the company's Investor Relations website at ir.mgpingredients.com/news-events. Investors can also dial 844-308-6398 (domestic) or 412-717-9605 (international) to list

ATCHISON, Kan., July 18, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2024, on Thursday, August 1, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including David Bratcher, CEO and president, and Brandon Gall, CFO, will hold a conference call to discuss these results. Please visit the "News and Events" section of the company's Investor Relations section at ir.mgpingredients.com/news-events to access the live webcast. Investors can also dial 844-308-6

ATCHISON, Kan., April 18, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits, as well as food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the first quarter ended March 31, 2024, on Thursday, May 2, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Bratcher, CEO and President, and Brandon Gall, Vice President of Finance and CFO. The call/webcast will be available via:  Webcast:ir.mgpingredients.com on the Events & Presentations page Conference Call:844-308-6398 (dom

ATCHISON, Kan., Feb. 08, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2023, on Thursday, February 22, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Bratcher, CEO and president, and Brandon Gall, Vice President of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Cal

ATCHISON, Kan., Oct. 19, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the third quarter ended September 30, 2023, on Thursday, November 2, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO, and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Call:844-308-6398 (domestic

ATCHISON, Kan., July 20, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the second quarter ended June 30, 2023, on Thursday, August 3, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO, and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Call:844-308-6398 (domestic) or 4

ATCHISON, Kan., April 20, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the first quarter ended March 31, 2023, on Thursday, May 4, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Call:844-308-6398 (domestic) or 412-

Full year consolidated sales increased 25% from prior year periodFull year net income and adjusted EBITDA both increased 20% ATCHISON, Kan., Feb. 23, 2023 (GLOBE NEWSWIRE) --  MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2022. 2022 fourth quarter consolidated results compared to 2021 fourth quarter Sales increased 15% to $191.0 million.Gross profit increased 20% to $63.2 million, representing 33.1% of sales.  Operating income decreased 34% to $29.7 million due to the $16.3 million favorable insurance recovery recorded in the 202

ATCHISON, Kan., Feb. 06, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2022, on Thursday, February 23, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Call:844-308-

Consolidated sales increased 14% from prior year periodContinued strength across each business segment ATCHISON, Kan., Nov. 03, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the third quarter ended September 30, 2022. 2022 third quarter consolidated results compared to 2021 third quarter Sales increased 14% to $201.2 million, as a result of record third quarter sales across all three business segments.Gross profit increased 3% to $59.1 million, representing 29.4% of sales.     Operating income increased 3% to $33.9 million. Adjusted operating income increas

ATCHISON, Kan., Oct. 20, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the third quarter ended September 30, 2022, on Thursday, November 3, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via:  Webcast: ir.mgpingredients.com on the Events & Presentations page Conference Call: 844-308-6398 (domes

Consolidated sales increased 11% from prior year periodOperating income increased 28% ATCHISON, Kan., Aug. 04, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the second quarter ended June 30, 2022. 2022 second quarter consolidated results compared to 2021 second quarter Sales increased 11% to $195.0 million, as a result of sales growth in the Distilling Solutions and Ingredient Solutions segments.Gross profit increased 4% to $59.2 million, representing 30.4% of sales. Adjusted gross profit decreased slightly from $59.4 million.Operating income increased 28% to

ATCHISON, Kan., July 21, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the second quarter ended June 30, 2022, on Thursday, August 4, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:Conference Call:          ir.mgpingredients.com on the Events & Presentations page844-308-6398 (

Consolidated sales increased 80.2% from prior year period Operating income increased 144.3% ATCHISON, Kan., May 05, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the first quarter ended March 31, 2022. 2022 first quarter consolidated results compared to 2021 first quarter Sales increased 80.2% to $195.2 million, as a result of sales growth in each of the reporting segments.Gross profit increased 122.4% to $71.8 million, representing 36.8% of sales.Operating income increased 144.3% to $50.1 million; adjusted operating income increased 123.7

ATCHISON, Kan., April 21, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the first quarter ended March 31, 2022, on Thursday, May 5, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via:  Webcast: ir.mgpingredients.com on the Events & Presentations page Conference Call: 844-308-6398 (domestic

Full year consolidated sales increased 58.5% from prior year period Full year operating income increased 133.0% ATCHISON, Kan., Feb. 24, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits and specialty food ingredients, today reported results for the fourth quarter and full year ended December 31, 2021. 2021 fourth quarter consolidated results compared to 2020 fourth quarter Sales increased 65.3% to $166.8 million, as a result of sales growth in each of the reporting segments.Gross profit increased 66.3% to $52.8 million, representing 31.6% of consolidated sales.Operating income increased 191.6% to $45.3 million; adjus

ATCHISON, Kan., Feb. 07, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the fourth quarter and full year ended December 31, 2021, on Thursday, February 24, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Call:844-308-

Increases full-year 2021 guidanceStrong execution in each business segment led to record results ATCHISON, Kan., Nov. 03, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the third quarter ended September 30, 2021. 2021 third quarter results compared to 2020 third quarter results Consolidated sales increased 71.5% to $176.6 million as a result of strong growth in each of the reporting segments.Consolidated g

ATCHISON, Kan., Oct. 20, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the third quarter ended September 30, 2021, on Wednesday, November 3, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:ir.mgpingredients.com on the Events & Presentations pageConference Call:844-308-6398 (domestic

ATCHISON, Kan., Aug. 04, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the second quarter ended June 30, 2021. 2021 second quarter results compared to 2020 second quarter results Consolidated sales increased 89.0% to $174.9 million, as a result of strong growth in each of the reporting segments.Consolidated gross profit increased 174.5% to $56.8 million, representing 32.5% of consolidated sales, due to record gross profit in each of the reporting segments.Non-GAAP gross profit increased 186.7% to $59.4 million, representing 33.9% of consolidated sales.Consol

ATCHISON, Kan., July 21, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the second quarter ended June 30, 2021, on Wednesday, August 4, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Colo, president and CEO and Brandon Gall, vice president of finance and CFO. The call/webcast will be available via: Webcast:  ir.mgpingredients.com on the Events & Presentations pageConference Call:  844-308-6398 (domes