Adjusted EBITDA and EPS surpassed expectations, but consolidated sales and profits declined year-over-year amid challenging market conditions. Premium plus branded spirits grew, while distilling solutions faced significant declines. Full-year guidance is maintained.Original document: MGP Ingredient…
Second quarter sales and profits declined year-over-year but exceeded internal expectations, driven by strong performance in premium plus spirits and Ingredient Solutions. Strategic actions included portfolio rationalization, distributor transitions, and leadership hires, while guidance for 2026 wa…
MGP Ingredients Inc reported second-quarter 2026 results with revenue of $124.4M and diluted EPS of $0.55, down versus the prior-year quarter as both sales and earnings declined on lower volumes in Distilling Solutions and Branded Spirits.Financial HighlightsBusiness HighlightsOriginal SEC Filing…
MGP Ingredients reported second-quarter 2026 results with consolidated sales of $124.4 million and adjusted EBITDA of $27.6 million; adjusted basic EPS was $0.72 and GAAP net income was $12.0 million. The company reaffirmed full-year 2026 guidance for sales of $480–500 million, adjusted EBITDA of…
