Performance in 2025 exceeded the top end of guidance despite a 23% decline in fourth-quarter consolidated sales, which was partially offset by double-digit growth in the Premium Plus spirits portfolio. Management is executing a 'self-help' strategy to counter a challenging spirits market impacted by consumer spending shifts toward online gambling and cannabis-infused beverages. The company is implementing a rigorous portfolio review process, targeting an initial 20% rationalization of 'tail brands' to ...

In the coming quarters, they will be at the tip of the spear of building out best-in-class processes that are designed to enable disciplined execution and long-term success. Let me now provide a brief overview of our fourth quarter and full-year results before outlining key elements of our strategic roadmap and the progress we are making against our key initiatives in each business. Our fourth quarter and full-year 2025 results came in ahead of our expectations as the teams continue to act with diligence an ...

分组1 - Molson Coors Brewing reported quarterly earnings of $1.21 per share, exceeding the Zacks Consensus Estimate of $1.17 per share, but down from $1.3 per share a year ago, representing an earnings surprise of +3.53% [1] - The company posted revenues of $2.66 billion for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2% and down from $2.74 billion year-over-year [2] - Molson Coors shares have increased about 9% since the beginning of the year, outperforming the S&P 500, which has returned zero [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.54 on revenues of $2.32 billion, and for the current fiscal year, it is $5.42 on revenues of $11.15 billion [7] - The Beverages - Alcohol industry, to which Molson Coors belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - The estimate revisions trend for Molson Coors was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting expected underperformance in the near future [6]

Core Viewpoint - MGP Ingredients, Inc. will report its fourth quarter and full year financial results for 2025 on February 25, 2026, highlighting its ongoing performance in the branded and distilled spirits and food ingredient sectors [1]. Financial Results Announcement - The company will release its financial results before the markets open on February 25, 2026, at 10 a.m. ET [1]. - A conference call will be held with management, including President and CEO Julie Francis and CFO Brandon Gall, to discuss the results [1]. Company Overview - MGP Ingredients has been operational since 1941, focusing on the alcoholic beverage and specialty ingredient industries through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions [1]. - The company is recognized as a leading spirits distiller with a portfolio that includes premium brands such as Penelope, Rebel, Remus, and Yellowstone bourbons, as well as El Mayor tequila [1]. - MGP operates distilleries in Indiana and Kentucky, a tequila distillery joint venture in Mexico, and bottling operations in Missouri, Ohio, and Northern Ireland [1]. Leadership Changes - Karen Seaberg retired from the Board of Directors effective December 14, 2025, after over 15 years of service [1]. - Julie Francis has been appointed to the Board effective December 15, 2025 [1]. - Matias Bentel has been appointed as Chief Marketing Officer and Chris Wiseman as Senior Vice President of Operations, both reporting to Julie Francis [1].

Core Insights - Coty reported quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.18 per share, representing an earnings surprise of -22.91% [1] - The company posted revenues of $1.68 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.82% [2] - Coty shares have increased by approximately 11.4% since the beginning of the year, outperforming the S&P 500's gain of 0.5% [3] Earnings Performance - Over the last four quarters, Coty has not surpassed consensus EPS estimates [2] - The current consensus EPS estimate for the coming quarter is $0.08 on revenues of $1.34 billion, and for the current fiscal year, it is $0.42 on revenues of $5.89 billion [7] Industry Outlook - The Cosmetics industry, to which Coty belongs, is currently in the top 39% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Coty's stock performance [5]

Company Overview - Rebel Bourbon has reintroduced Rebel Root Beer Whiskey, an innovative product that combines traditional bourbon with root beer flavors [1][2] - The whiskey is distilled in Bardstown, Kentucky, by Lux Row Distillers, maintaining a wheated mash bill that dates back to 1849 [6] - Luxco, the parent company, has been a significant player in the beverage alcohol industry since its founding in 1958, operating multiple distilleries and offering a diverse portfolio of brands [7] Product Details - Rebel Root Beer Whiskey is bottled at 70 proof (35% ABV) and is priced at a minimum suggested retail price of $19.99 for a 750mL bottle and $0.99 for a 50mL bottle [1][2] - The whiskey features a flavor profile that includes sassafras, vanilla, licorice, molasses, bourbon whiskey, caramel, and honey notes, culminating in a sweet and spicy finish [3] Marketing and Consumer Engagement - The brand manager, Philip Lux, emphasized the product's fun and rule-free nature, promoting its versatility for various consumption methods [4] - Marketing initiatives include merchandise giveaways and promotional events featuring "Shoot the Root" branding [4] Awards and Recognition - Rebel Bourbon has received multiple industry accolades, including Single Barrel American Whiskey of the Year for Rebel 10-Year Single Barrel at the 2025 Bartender Spirits Awards [6]

Core Insights - MGP Ingredients, Inc. announced the retirement of Karen Seaberg from its Board of Directors after over 15 years of service, effective December 14, 2025, and the appointment of Julie Francis as a new director, effective December 15, 2025 [1][2][3] Group 1: Leadership Transition - Karen Seaberg has served as a long-standing director and Chairman of the Board from 2014 to 2024, providing leadership during significant growth and transformation periods for the company [2] - Julie Francis, the current CEO, has been recognized for her strong leadership and strategic focus, which is expected to enhance the Board's effectiveness as the company continues to execute its long-term strategy [3] Group 2: Company Background - MGP Ingredients, Inc. has been operational since 1941, focusing on the alcoholic beverage and specialty ingredient industries through three segments: Branded Spirits, Distilling Solutions, and Ingredient Solutions [4] - The company is a leading spirits distiller with a portfolio of premium brands, including Penelope, Rebel, Remus, and Yellowstone bourbons, as well as El Mayor tequila, and operates distilleries in Indiana and Kentucky [4]

Core Insights - The Mairs & Power Small Cap Fund reported a return of 2.06% in the first nine months of 2025, underperforming against benchmarks such as the Russell 2000 Total Returns Index, which increased by 10.39% [1] - The market remains concentrated in 2025, with a few dominant mega-cap stocks related to artificial intelligence driving most favorable outcomes [1] Fund Performance - The fund's performance lagged behind the S&P Small Cap 600 TR, which rose by 4.24%, and the Morningstar U.S. Fund Small Blend, which returned 6.15% [1] Company Focus: MGP Ingredients, Inc. - MGP Ingredients, Inc. (NASDAQ:MGPI) experienced a one-month return of 1.93% but saw a significant decline of 43.49% over the last 52 weeks, closing at $26.35 per share with a market capitalization of $561.105 million on December 10, 2025 [2] - The company faced challenges due to excess inventory, particularly in bourbon, and shifts in consumer consumption levels across the alcohol industry [3] Hedge Fund Interest - MGP Ingredients, Inc. was held by 18 hedge fund portfolios at the end of the third quarter, down from 26 in the previous quarter, indicating reduced interest among hedge funds [4] - While MGP Ingredients is acknowledged for its potential, certain AI stocks are viewed as offering greater upside potential with less downside risk [4]

Core Insights - The whiskey market is experiencing a complex landscape with both challenges and opportunities for investors, particularly in the context of changing consumer preferences and trade dynamics [3][5][6] Market Overview - U.S. spirits exports reached a record $2.4 billion in 2024, with American whiskey accounting for $1.3 billion, indicating strong international demand despite recent trade tensions [5][6] - Whiskey sales in the U.S. generated $5.2 billion in 2024, reflecting a 6.6% compound annual growth rate over the past 20 years, although a slight decline of 1.8% in 2024 sales marked a break in a long-standing growth trend [6] Trade and Inventory Dynamics - Recent trade tensions and tariffs have negatively impacted American whiskey exports, with a reported 13% decline in the second quarter of 2025 [7] - American whiskey inventories reached nearly 1.5 billion proof gallons by the end of 2024, tripling since 2012, which has led to a potential oversupply situation [7][8] Investment Opportunities - Institutional investors are increasingly viewing whiskey as an asset class, recognizing its potential for portfolio diversification, recession resilience, and long-term capital appreciation [11][13] - The current market conditions, including lower prices for new-fill whiskey, present opportunities for institutional investors to acquire barrels at reduced costs, potentially leading to significant returns [10][48] Economic Drivers - The aging process of whiskey is a critical economic driver, as whiskey in barrels tends to appreciate in value over time, making age a key focus for investors [14][18] - The supply dynamics are influenced by distillers' production decisions, with a significant reduction in whiskey production of 28.3% in the first half of 2025 compared to the previous year, which may lead to future shortages [30][32] Market Structure - The whiskey market is dominated by a few large production distillers, with seven major companies controlling a significant portion of the market [33][34] - Contract distillers play a vital role in the industry, producing bulk whiskey for third-party brands, which can create additional complexities in supply and demand [36][39] Emerging Trends - New investment funds, such as Prospero Spirit Funds, are entering the whiskey market, offering diversified investment opportunities across various whiskey types [61] - The introduction of American Single Malt Whiskey standards in 2025 is expected to create new market opportunities, with firms like ASM Capital Partners positioning themselves to capitalize on this trend [66]

Core Insights - MGP Ingredients, Inc. has appointed Matias Bentel as chief marketing officer and Chris Wiseman as senior vice president of operations [1] - Both executives will report to Julie Francis, the president and CEO, and will join the company's executive leadership team [1] - The company expresses excitement about the new appointments, highlighting Matias's decade of experience [1]