MGP Ingredients(MGPI)

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Rebel Bourbon brings on fall with new Rebel Butter Pecan Bourbon Cream
Prnewswire· 2025-08-26 16:46
Award-winning brand rolls out its latest 30-proof blend of bourbon and creamST. LOUIS, Aug. 26, 2025 /PRNewswire/ -- Just in time for fall, Rebel Bourbon introduced the latest addition to its highly acclaimed lineup – Rebel Butter Pecan Bourbon Cream. The perfect blend of Rebel's time-honored wheated bourbon and all-natural cream, Rebel Butter Pecan Bourbon Cream is bottled at 30 proof (15% ABV) and available in September in limited quantities at Bardstown, Kentucky-based Lux Row Distillers and retailers na ...
MGP Ingredients(MGPI) - 2025 Q2 - Earnings Call Transcript
2025-07-31 15:00
MGP Ingredients (MGPI) Q2 2025 Earnings Call July 31, 2025 10:00 AM ET Speaker0Good morning and welcome to the MGP Ingredients Second Quarter Earnings Call. All participants will be in listen only mode. After today's remarks, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Amit Sharma, Vice President, Investor Relations.Please go ahead.Speaker1Thank you. Good morning and welcome to MVP's second quarter earnings conferen ...
MGP (MGPI) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-31 13:45
Core Insights - MGP reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.64 per share, but down from $1.71 per share a year ago [1] - The earnings surprise was +51.56%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - MGP's revenues for the quarter were $145.49 million, surpassing the Zacks Consensus Estimate by 5.59%, but down from $190.8 million year-over-year [3] Financial Performance - The company has consistently exceeded revenue estimates, achieving this in three out of the last four quarters [3] - MGP shares have declined approximately 25.4% year-to-date, contrasting with the S&P 500's gain of 8.2% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.69 for the next quarter and $2.47 for the current fiscal year [8] - The Zacks Rank for MGP is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Beverages - Alcohol industry, to which MGP belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Another company in the same industry, Molson Coors Brewing, is expected to report a quarterly earnings decline of 4.2% year-over-year, with revenues projected at $3.13 billion, down 3.8% from the previous year [10][11]
MGP Ingredients(MGPI) - 2025 Q2 - Quarterly Report
2025-07-31 11:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________________ Commission File Number: 0-17196 MGP INGREDIENTS, INC. (Exact name of registrant as specified in ...
MGP Ingredients(MGPI) - 2025 Q2 - Quarterly Results
2025-07-31 11:30
MGP INGREDIENTS REPORTS SECOND QUARTER 2025 RESULTS Solid second quarter results; Reaffirms 2025 sales and adjusted earnings outlook ATCHISON, Kan., July 31, 2025 - 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 deci ...
MGP Ingredients: Navigating A Sharp Whiskey Production Slump
Seeking Alpha· 2025-07-19 09:15
Company Overview - MGP Ingredients, Inc. (MGPI) is scheduled to report its Q2 results on July 31 [1] - The company operates in the spirit ingredient and branded spirit production sector [1] Industry Insights - There is a noted weakening demand affecting the company's performance [1]
Rebel Bourbon announces annual release of highly acclaimed Rebel 10-Year Single Barrel Bourbon
Prnewswire· 2025-07-10 15:32
Core Insights - Rebel Bourbon has announced the annual release of its award-winning Rebel 10-Year Single Barrel Bourbon, which is aged for a decade and bottled one barrel at a time, creating a unique flavor profile for each barrel [1][2][3] - The bourbon is bottled at 100 proof (50% ABV) with a limited allocation of 2,600 cases of 750mL bottles available at a minimum suggested retail price of $99.99 [1][2][3] Product Details - Rebel 10-Year Single Barrel is handcrafted according to a wheated recipe dating back to 1849, featuring a mash bill of 68% corn, 20% wheat, and 12% malt [4] - The bourbon presents a golden amber color with aromas of vanilla and dark fruits, complemented by flavors of caramel, citrus, and a smooth finish with a hint of spice [4] Industry Recognition - Rebel 10-Year Single Barrel has received multiple prestigious awards, including the Single Barrel American Whiskey of the Year at the 2025 Bartender Spirits Awards and double gold medals at the 2025 San Francisco World Spirits Competition [6][7][9] - The product has also earned a double platinum medal at the 2025 ASCOT Awards, showcasing its high quality and industry acclaim [9] Company Background - Rebel Bourbon is distilled in Bardstown, Kentucky, by Lux Row Distillers, with a focus on a wheated mash bill that celebrates bold originality and a rebellious spirit [7] - Luxco, the parent company, has been a leading producer and supplier of beverage alcohol products since 1958, operating multiple distilleries and offering a diverse portfolio of award-winning brands [8][10]
LUXCO INTRODUCES CORTADA, A SMOKED TEQUILA
Prnewswire· 2025-06-10 14:15
Core Insights - Luxco, Inc. has launched Cortada Smoked Tequila, a premium tequila available in Blanco and Reposado varieties, exclusively in Denver and through e-commerce [1][2][3] - The retail price for Cortada Smoked Tequila Blanco is $49.99 and for Reposado is $54.99 [1][2][3] Product Details - Cortada Smoked Tequila is crafted using hand-selected, estate-grown 100% Blue Weber Agave, smoked with Mesquite and Mexican Oak, resulting in a unique flavor profile [4][5] - The Blanco variant offers a pure agave experience with notes of ripe pineapple and a wood-fired spiciness, while the Reposado variant is aged in bourbon barrels, featuring hints of dark chocolate, pepper, and clove [6] Market Positioning - The launch city, Denver, is highlighted for its rich cultural history and innovative spirit, making it an ideal location for introducing Cortada [5] - The brand manager emphasizes the creativity that smoked spirits bring to the cocktail scene, positioning Cortada as a must-try for those seeking a spicier sipping experience [8] Company Background - Luxco, founded in 1958, is a leading producer and supplier of beverage alcohol products, operating under MGP Ingredients Inc. since its acquisition in 2021 [11]
Penelope Bourbon makes a big splash in the cigar scene with Cigar Sessions Chapter 1 American Whiskey
Prnewswire· 2025-06-03 15:16
Limited-edition release crafted for the ultimate medium-bodied cigar pairing is the first in a series of releases to enhance the complexity and enjoyment of cigar occasionsST. LOUIS, June 3, 2025 /PRNewswire/ -- Whiskey and cigars have always been savored together, but never quite like this – Penelope Bourbon elevates the timeless pairing of whiskey and cigars with the debut of Cigar Sessions Chapter 1. Always innovating, the Penelope team struck a match for cigar lovers by crafting the first-of-its-kind ci ...
Rebel Bourbon and Childress Vineyards introduce Rebel 100 Childress Vineyards Cabernet Franc Barrel Finish
Prnewswire· 2025-05-21 13:00
Core Points - Rebel Bourbon has launched a limited-edition bourbon called Rebel 100 Childress Vineyards Cabernet Franc Barrel Finish, in collaboration with Childress Vineyards [1][2] - The bourbon is aged for four years, finished in Cabernet Franc barrels, and bottled at 100 proof (50% ABV), featuring unique flavor notes [1][3] - An allocation of 500 cases will be available at North Carolina ABC stores and Lux Row Distillers, with a suggested retail price of $39.99 per 750mL bottle [1][5] Company Overview - Rebel Bourbon is distilled in Bardstown, Kentucky, and follows a wheated mash bill recipe dating back to 1849, emphasizing a smooth and original bourbon experience [7] - Lux Row Distillers, the producer of Rebel Bourbon, is part of Luxco, a leading beverage alcohol company founded in 1958, which operates multiple distilleries and has a diverse portfolio [9] - Childress Vineyards, located in North Carolina's Yadkin Valley, is a family-owned winery known for its award-winning wines and commitment to quality, featuring over 70 acres of vineyards [10] Industry Context - The collaboration between Rebel Bourbon and Childress Vineyards represents a trend in the beverage industry where partnerships are formed to create unique products that appeal to both bourbon and wine enthusiasts [4][5] - The bourbon market continues to grow, with limited-edition releases generating significant consumer interest and engagement, particularly among racing fans and collectors [5][11]