Articles from MGP Ingredients

Announces webcast of its third quarter earnings conference call for October 31

Strong Q2 performance; Reiterates full year guidance

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.

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.

Industry veteran Paul Lux joins company to continue execution of strategy for the segment

Q1 results in line with expectations; Reiterates annual guidance

ATCHISON, Kan., May 02, 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.

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.

ATCHISON, Kan., Feb. 29, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has approved the repurchase of up to $100.0 million of the Company’s outstanding shares of common stock.

Record full year gross profit increased 20% from prior year period

ATCHISON, Kan., Feb. 22, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

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.

Consolidated sales increased 7% to a quarterly record of $209.0 million;Net income and adjusted EBITDA increased 26% and 28%, respectively

ATCHISON, Kan., Aug. 03, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

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.

ATCHISON, Kan., July 13, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced the planned closure of its distillery in Atchison, Kansas, with the anticipated closure date estimated to be January 2024. The distillery is responsible for producing grain neutral spirits and industrial alcohol products as well as their related co-products.

Penelope further strengthens MGP’s portfolio of premium-plus American Whiskey brands;

Premium plus American Whiskey brand consistent with MGP’s premiumization strategy focused on gross margin accretive growth brands

Consolidated sales increased 3% from prior year periodContinued strength across each business segment

ATCHISON, Kan., May 04, 2023 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

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.

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 announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

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.

Consolidated sales increased 14% from prior year periodContinued strength across each business segment