Stuttgart - Delayed Quote ? EUR MGP Ingredients, Inc. (M1I.SG) Follow Compare 53.00 0.00 (0.00%) As of 8:14 AM GMT+2. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Cloudy outlook for MGP Ingredients after distiller’s profit warning The US whiskey and Tequila maker’s cuts to its sales and earnings forecasts have prompted questions about the company’s near-term prospects. Just Drinks ? 4 hours ago MGPI MGP Ingredients Trims FY24 View as Preliminary Results Hint Soft Sales MGPI issues soft preliminary results for the third quarter due to a decline in the alcohol spirits category and high industry-wide whiskey inventories. Zacks ? 2 days ago MGPI MKC-V Why MGP Ingredients (MGPI) Stock Is Down Today Shares of food and beverage supplier MGP Ingredients (NASDAQ:MGPI) fell 26.1% in the afternoon session after the company provided weak preliminary guidance ahead of its third-quarter earnings, with revenue and adjusted EBITDA falling below Wall Street's estimates. The weak results were driven by soft trends in the alcohol spirits category and elevated industry-wide whiskey inventories. Moving on, management expects these industry headwinds to persist at least through the rest of the year. StockStory ? 5 days ago MGPI Sector Update: Consumer Stocks Mixed Pre-Bell Friday Sector Update: Consumer Stocks Mixed Pre-Bell Friday PREMIUM MT Newswires ? 5 days ago MGPI HEPS ALV US distiller MGP Ingredients issues profit warning The El Mayor Tequila and Penelope Bourbon distiller pointed to “soft spirits category trends”. Just Drinks ? 5 days ago MGPI MGP Ingredients Provides Certain Preliminary Third Quarter 2024 Results and Updates Full Year 2024 Guidance Announces webcast of its third quarter earnings conference call for October 31ATCHISON, Kan., Oct. 17, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced certain preliminary financial results for the third quarter ended September 30, 2024. Based on preliminary results, for the third quarter ended September 30, 2024 compared to the 2023 third quarter: Sales are expected to decline 24% fr GlobeNewswire ? 5 days ago MGPI Yellowstone Bourbon announces 2024 Bourbon Giftpack Yellowstone Bourbon announced it will release the 2024 Bourbon Giftpack this month. The Giftpack showcases three award-winning innovations from the Yellowstone Bourbon family: Yellowstone Select, Yellowstone Special Finishes Collection Toasted and Yellowstone Special Finishes Collection Rum Cask. PR Newswire ? 8 days ago MGPI MGP Ingredients (NASDAQ:MGPI) shareholders have earned a 12% CAGR over the last five years When you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than... Simply Wall St. ? last month MGPI Is MGP Ingredients, Inc. (MGPI) The Best Alcohol Stock To Own According to Hedge Funds? We recently published a list of 10 Best Alcohol Stocks To Own According to Hedge Funds. In this article, we are going to take a look at where MGP Ingredients, Inc. (NASDAQ:MGPI) stands against the other alcohol stocks. There is a substantial amount of evidence that suggests that any alcohol consumption, however moderate, can have negative […] Insider Monkey ? last month MGPI Beverages and Alcohol Stocks Q2 In Review: Zevia PBC (NYSE:ZVIA) Vs Peers As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the beverages and alcohol industry, including Zevia PBC (NYSE:ZVIA) and its peers. StockStory ? 2 months ago ZVIA MGPI SAM Lux Row Distillers releases the third edition of its Blood Oath Trilogy featuring Pacts 7, 8 and 9 Three is a magic number – especially when it involves a trilogy of sought-after bourbons. Lux Row Distillers announced the release of Blood Oath Trilogy – Third Edition, the latest collection of limited-release bourbons, or "Pacts," created by Lux Row Master Distiller John Rempe. Featuring 750mL bottles of Pacts 7, 8 and 9, this latest Trilogy has a limited supply of 1,400 sets and is available at a minimum suggested retail price $799.99, which reflects the quality and scarcity of these bourbons PR Newswire ? 2 months ago MGPI Q2 Earnings Highlights: MGP Ingredients (NASDAQ:MGPI) Vs The Rest Of The Beverages and Alcohol Stocks The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how beverages and alcohol stocks fared in Q2, starting with MGP Ingredients (NASDAQ:MGPI). StockStory ? 2 months ago MGPI TAP-A KDP Ross & Squibb Distillery celebrates the repeal of Prohibition with the release of Remus Repeal Reserve Series VIII The Lawrenceburg, Indiana-based Ross & Squibb Distillery once again pays homage to its Prohibition legacy with the highly anticipated Remus Repeal Reserve Series VIII Straight Bourbon Whiskey. Bottled at 101 proof (50.5% ABV), Remus Repeal Reserve Series VIII features a medley of three rare bourbons aged between 10 and 17 years. A limited supply will be available at a minimum suggested retail price of $99.99 per 750mL bottle in September – just in time for National Bourbon Heritage Month. PR Newswire ? 2 months ago MGPI MGP Ingredients, Inc. (MGPI): A Good Spirits Stock to Buy Now? We recently compiled a list of the Beer Loses Fizz as Spirits Gain Popularity: Top 10 Stocks to Buy. In this article, we are going to take a look at where MGP Ingredients, Inc. (NASDAQ:MGPI) stands against the other spirits stocks. With 2024 heading to a close, the alcoholic beverages industry is also changing. Data from […] Insider Monkey ? 2 months ago MGPI Some Investors May Be Willing To Look Past MGP Ingredients' (NASDAQ:MGPI) Soft Earnings Soft earnings didn't appear to concern MGP Ingredients, Inc.'s ( NASDAQ:MGPI ) shareholders over the last week. We did... Simply Wall St. ? 2 months ago MGPI MGP Ingredients Second Quarter 2024 Earnings: In Line With Expectations MGP Ingredients ( NASDAQ:MGPI ) Second Quarter 2024 Results Key Financial Results Revenue: US$190.8m (down 8.7% from 2Q... Simply Wall St. ? 2 months ago MGPI MGP Ingredients (NASDAQ:MGPI) Beats Q2 Sales Targets, Stock Soars Food and beverage supplier MGP Ingredients (NASDAQGS:MGPI) announced better-than-expected results in Q2 CY2024, with revenue down 8.7% year on year to $190.8 million. On the other hand, the company's full-year revenue guidance of $749 million at the midpoint came in slightly below analysts' estimates. It made a non-GAAP profit of $1.71 per share, improving from its profit of $1.49 per share in the same quarter last year. StockStory ? 2 months ago MGPI MGP: Q2 Earnings Snapshot MGPI) on Thursday reported second-quarter earnings of $31.7 million. On a per-share basis, the Atchison, Kansas-based company said it had net income of $1.43. Earnings, adjusted for non-recurring costs, were $1.71 per share. Associated Press Finance ? 2 months ago MGPI MGP Ingredients Reports Second Quarter 2024 Results Strong Q2 performance; Reiterates full year guidanceATCHISON, Kan., Aug. 01, 2024 (GLOBE NEWSWIRE) -- 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, 2024. “This quarter, our MGP team delivered strong results driven largely by the continued momentum in our premium plus branded spirits portfolio and solid brown goods sales. Our increasing investments behind our key GlobeNewswire ? 2 months ago MGPI MGP Ingredients Declares $0.12 Quarterly Dividend ATCHISON, Kan., Aug. 01, 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 its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock. The dividend is payable on August 30, 2024 to stockholders of record as of August 16, 2024. About MGP Ingredients, Inc.MGP Ingredients, Inc. (Nasdaq: MGPI) is a leading producer of premium branded and d GlobeNewswire ? 2 months ago MGPI Performance Overview Trailing total returns as of 10/23/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return M1I.SG S&P 500 YTD -40.17% +21.27% 1-Year -41.72% +36.94% 3-Year -6.26% +27.27%
