{"filings":[{"id":442959,"accession_number":"0000835011-26-000074","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2026-05-14T20:17:08+00:00","items":["5.07","9.01"],"status":"ready","headline":"MGP shareholders elect directors, ratify KPMG, approve say-on-pay and 2024 equity plan","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All four Group A director nominees elected: Julie M. Francis (~17.8M for), Thomas A. Gerke (~15.4M for), Donn Lux (~16.9M for), Todd B. Siwak (~14.7M for).","Preferred stockholders elected Gerardo I. Lopez, Jennifer Lowry, Lori L.S. Mingus, Mercedes Romero, Martin Roper with 297 votes each, zero against.","Ratification of KPMG as auditor: common stock 19.48M for, 204k against; preferred 297 for.","Advisory vote on executive compensation approved (common: 17.45M for, 415k against).","Amended 2024 Equity Incentive Plan approved (common: 14.94M for, 2.89M against)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99134,"accession_number":"0000835011-26-000066","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q1 net loss $134.8M on $179.5M non-cash impairments; adj. EPS $0.15","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue fell 13% to $106.4M; net loss of $134.8M ($6.30 basic loss) vs year-ago loss of $3.0M.","Recorded $115.7M goodwill and $37.0M indefinite-lived intangible impairments in Branded Spirits; also $26.9M fixed-asset impairment at Lux Row distillery.","Adjusted net income $3.3M (-57%), adjusted EBITDA $15.0M (-31%), adjusted basic EPS $0.15 (-58%).","Branded Spirits sales down 8% to $44.2M, but premium-plus up 1.5% (Penelope Bourbon +10%); Distilling Solutions down 40%.","Reaffirmed FY2026 guidance: sales $480-500M, adj. EBITDA $90-98M, adj. EPS $1.50-1.80; declared $0.12 quarterly dividend."],"consensus_eps_estimate":null,"consensus_eps_actual":-6.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":106427000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99133,"accession_number":"0000835011-26-000052","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2026-04-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"MGP Ingredients temporarily idles two Kentucky distilleries due to oversupply; reaffirms FY2026 outlook","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Temporary idling of Limestone Branch (Lebanon, KY) and Lux Row (Bardstown, KY) effective May 1, 2026.","33 employees affected; company offering transition support; other operations and visitor centers continue.","Resumption expected as early as 12 months, when inventory levels support additional production.","Reaffirms full-year 2026 sales, adjusted EBITDA, and adjusted basic EPS guidance from Feb 25 earnings release."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114977,"accession_number":"0000835011-26-000029","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q4 net loss $134.6M includes $152.6M impairment; FY sales -24%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net loss of $134.6M, includes $152.6M non-cash goodwill/intangibles impairment (Branded Spirits).","Full-year sales $536.4M (-24% YoY); adj. net income $61.5M (-51%); adj. EPS $2.85 (-49%).","Distilling Solutions Q4 sales down 47% (brown goods -53%); Ingredient Solutions down 10% (equipment outage).","Branded Spirits premium plus portfolio grew 10% in Q4 offsetting mid/value declines; segment sales -1%.","2026 guidance: sales $480-500M, adj. EBITDA $90-98M, adj. EPS $1.50-$1.80, capex ~$20M."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.99,"consensus_revenue_estimate":null,"consensus_revenue_actual":536375000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114976,"accession_number":"0000835011-26-000006","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients terminates CHRO and CCO as part of leadership reorganization","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board approved reorganization; CHRO Erika Lapish and CCO Amel Pasagic depart effective Feb 20, 2026.","No replacements announced for either role; severance under Executive Severance Plan requires release.","Departures described as part of restructuring; no further details on new structure provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131362,"accession_number":"0000835011-25-000105","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"MGP Ingredients announces board retirement of Karen Seaberg and appointment of CEO Julie Francis as director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Karen Seaberg retired from MGP Board effective December 14, 2025 after over 15 years of service, including as Chairman from 2014 to 2024.","Julie Francis, President and CEO, appointed as Group B director effective December 15, 2025 to fill the vacancy created by Seaberg's retirement.","Board amended bylaws on December 11, 2025 to permit common stockholders to fill Group A vacancies and restrict Group B vacancies to preferred stockholders alone.","Preferred stockholders elected Francis by written consent; she will not receive additional compensation for Board service."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131361,"accession_number":"0000835011-25-000095","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q3 sales -19% to $130.9M, net income -35%; raises FY adjusted EBITDA, EPS outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 consolidated sales $130.9M (-19% YoY); gross profit $49.4M (-25%); net income $15.4M (-35%).","Branded Spirits sales $60.7M (-3%); premium plus up 3% led by Penelope Bourbon; Distilling Solutions sales $40.9M (-43%) on brown goods constraints.","Ingredient Solutions sales up 9% to $29.3M but gross profit fell to $3.0M due to operational issues and equipment outage.","Raises FY2025 adj. EBITDA guidance to $110-115M; adj. EPS to $2.60-2.75; sales to $525-535M.","Year-to-date operating cash flow up 26% to $92.5M; net debt leverage 1.8x; capex expected ~$32.5M."],"consensus_eps_estimate":null,"consensus_eps_actual":1.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":398059000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147947,"accession_number":"0001628280-25-036841","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q2 sales -24% to $145.5M, net income -55%; new CEO Julie Francis appointed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales down 24% to $145.5M; gross profit -30% to $58.4M; margin 40.1% (-350bps).","Net income $14.4M (-55%); adj. net income $20.9M (-45%); adj. EPS $0.97 (-43%).","Branded -5% to $60.5M; Distilling -46% to $50.0M; Ingredient +5% to $35.0M.","Julie Francis appointed President & CEO; Brandon Gall remains CFO.","FY2025 outlook reaffirmed: sales $520-540M; adj. EBITDA $105-115M; adj. EPS $2.45-2.75."],"consensus_eps_estimate":null,"consensus_eps_actual":0.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":267147000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147946,"accession_number":"0001628280-25-035386","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-07-21T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"MGP Ingredients appoints Julie Francis as CEO; reaffirms FY2025 guidance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Julie Francis named President and CEO effective July 21, 2025; previously COO at Schwan's Company.","Brandon Gall steps down as interim CEO but remains CFO.","Francis receives $900k base salary, STI target 100% of base, LTI target $2.3M, plus $100k cash sign-on and $1.5M stock options.","Company reaffirms full-year 2025 sales, adjusted EBITDA, and adjusted EPS guidance issued May 1, 2025.","Francis expected to join the Board at the 2026 Annual Meeting of Stockholders."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166668,"accession_number":"0001628280-25-027903","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"MGP Ingredients elects Martin Roper as Chairman; appoints new committee chairs","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Martin Roper elected Chairman of the Board effective May 22, 2025; has 25+ years beverage industry experience including CEO of Boston Beer and Vita Coco.","Jennifer Lowry appointed Chair of Audit Committee; Todd Siwak Chair of Nominating and Governance; Tom Gerke Chair of HR and Compensation.","Interim CEO Brandon Gall states Roper's appointment comes at critical juncture as MGP evolves into a premier branded spirits organization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166667,"accession_number":"0001628280-25-021323","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q1 net loss $3.1M; sales down 29%, reaffirms 2025 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $3.1M vs $19.9M income in Q1 2024; basic EPS loss $0.14.","Adjusted net income down 68% to $7.8M; adjusted basic EPS $0.36 (down 66%).","Branded Spirits segment sales down 4% to $48.2M; premium plus up 7% driven by Penelope.","Distilling Solutions sales fell 45% to $46.9M on lower brown goods demand; gross margin ~flat at 39.8%.","Reaffirmed FY 2025 sales guidance $520-$540M; adjusted EBITDA $105-$115M; upsized credit facility to $500M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":121653000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166666,"accession_number":"0001628280-25-020711","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-04-29T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"MGP Ingredients upsizes revolver to $500M, extends maturity to 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $400M to $500M.","Maturity extended from May 14, 2026 to April 24, 2030.","Sixth Amendment extends note issuance period under Shelf Agreement to April 24, 2028.","Permits incremental term loans and revolver increases of $100M–$200M subject to conditions.","Credit agreement amended to conform Note Purchase and Shelf Agreement to new terms."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166665,"accession_number":"0001628280-25-018012","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients elects Gerardo Lopez and Martin Roper to board; Preet Michelson resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Gerardo I. Lopez (former CEO of AMC Entertainment) and Martin Roper (CEO of Vita Coco, former CEO of Boston Beer) elected as Group B directors effective April 14, 2025.","Both independent directors appointed to Audit, Compensation, and Nominating committees; each received $90,000 RSU grant vesting in 2 years.","Preet H. Michelson resigned as Group B director, effective April 14, 2025; resignation not due to disagreement with company.","Board size returns to nine directors, eight of whom are independent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184086,"accession_number":"0000835011-25-000032","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients adopts new LTI program with PSUs and updated RSU awards","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Committee approved new LTI design: annual grants of PSUs with forward-looking performance goals and time-vested RSUs, effective 2025.","Updated RSU Award Agreement modifies retirement vesting provision.","PSU Agreement accelerates vesting upon death, disability, or qualifying termination within 18 months after change in control.","PSUs continue vesting upon retirement at least one year after grant.","Changes follow a review of peer group LTI practices by the Committee's independent compensation consultant."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184085,"accession_number":"0001628280-25-011472","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-03-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Three MGP Ingredients directors plan to sell shares under 10b5-1 plans","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Donn Lux, Karen Seaberg, and Lori Mingus expected to sell MGPI common stock.","Seaberg and Mingus sales use pre-established 10b5-1 plans adopted Mar 2024, amended Dec 2024.","Directors reaffirm commitment to strategic vision and long-term outlook; cite estate planning.","No specific share numbers or sale dates disclosed; filing made under Regulation FD."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184084,"accession_number":"0001628280-25-007958","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q4 net loss $42M on goodwill impairment; 2025 guidance well below 2024","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net loss $42M ($1.91 basic EPS loss) includes $73.8M non-cash goodwill impairment; adjusted EPS $1.57.","Consolidated Q4 sales $180.8M, down 16% YoY; full year sales $703.6M, down 16%.","Full year adjusted EBITDA $196.5M, down 6%; 2025 guidance: adj EBITDA $105-115M, adj EPS $2.45-2.75.","Distilling Solutions Q4 sales $82.0M (-25%); Branded Spirits $64.0M (-12%); Ingredient Solutions +4%.","2025 capex guidance $36M vs $73.2M in 2024; net debt leverage 1.5x as of Dec 31, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":1.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":703625000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184083,"accession_number":"0001628280-25-005449","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients approves amended Short Term Incentive Plan effective Jan 1, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amended STIP effective Jan 1, 2025; cash bonus pool set at at least 80% of collective target bonuses.","Performance goals based on criteria like EPS, revenue, EBITDA, margins, safety; Committee may adjust.","Participant must be employed on payment date; termination for cause forfeits awards entirely.","Change in control with qualifying termination entitles pro-rated award based on actual performance.","Clawback policy applies; Committee may reduce or increase awards at its discretion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200689,"accession_number":"0001628280-24-052151","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients names CFO Brandon Gall interim CEO; Donn Lux becomes chairman","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Bratcher steps down as CEO and resigns from board effective Dec 31, 2024; gets transition and severance benefits.","CFO Brandon Gall appointed Interim President and CEO effective Jan 1, 2025; base salary raised to $525,000.","Donn Lux succeeds Karen Seaberg as Chairman of the Board; Ms. Seaberg remains a director.","Company reaffirms 2024 sales and adjusted earnings guidance; lowers capex to ~$72M from $78M.","Brown goods environment commentary consistent with Q3 2024 call; expects Q4/full-year results in late Feb 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200688,"accession_number":"0001628280-24-044421","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q3 sales down 24%; adjusted EPS $1.29 vs $1.36; plans to cut whiskey production, reaffirms guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated sales $161.5M, down 24% YoY; excluding Atchison distillery, down 14%.","Net income $23.9M (+82%); adjusted net income $28.8M (-5%); adjusted EPS $1.29 vs $1.36.","Distilling Solutions sales down 36% to $71.9M; Branded Spirits sales down 6% but gross profit up 12%.","Ingredient Solutions sales down 18% to $26.9M; gross profit margin fell to 17.6% from 33.8%.","Plans to lower net aging whiskey put away and scale down production in 2025; reaffirms FY2024 sales guidance $695-705M and adjusted EBITDA $196-200M."],"consensus_eps_estimate":null,"consensus_eps_actual":3.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":522829000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200687,"accession_number":"0001628280-24-043025","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-10-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients preliminary Q3 sales down 24%, cuts full-year guidance significantly","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Preliminary Q3 sales $161.5M, -24% YoY; net income $23.9M (+82%) but adjusted EPS down 5% to $1.29.","Distilling Solutions segment sales -36%; Branded Spirits -6% (premium plus +1%); Ingredient Solutions -18%.","FY 2024 guidance cut: sales $695-705M (prev $742-756M), adj EBITDA $196-200M (prev $218-222M), adj EPS $5.55-5.65 (prev $6.12-6.23).","CEO cites soft spirits trends and elevated whiskey inventories pressuring brown goods, especially craft customers, through year-end."],"consensus_eps_estimate":null,"consensus_eps_actual":3.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":522829000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216701,"accession_number":"0001628280-24-041543","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-09-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients amends bylaws to address Universal Proxy Rules and update governance provisions","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved amended bylaws effective September 26, 2024.","Requires stockholders using Universal Proxy Rules to provide evidence of compliance with Rule 14a-19.","Permits preferred stockholders to act by majority written consent instead of unanimous consent.","Removes confidentiality requirement for proxies, ballots, and vote tabulations from Board and officers.","Grants Board authority to fill vacancies until next annual meeting, instead of requiring stockholder vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216699,"accession_number":"0001628280-24-041601","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K/A","filed_at":"2024-09-30T23:59:59+00:00","items":["5.02","5.03","9.01"],"status":"ready","headline":"MGP Ingredients amends bylaws to address universal proxy rules, preferred stockholder consent, and board vacancies","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Requires stockholders using Universal Proxy Rules to provide evidence of Rule 14a-19 compliance.","Preferred stockholders can now act by majority written consent instead of unanimous consent.","Removed requirement for confidential handling of proxy ballots from Board and officers, except in certain cases.","Board granted authority to fill vacancies until next annual meeting, removing stockholder vote requirement.","Amendments conform to Kansas corporate law and include various ministerial and procedural updates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216700,"accession_number":"0001628280-24-033883","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-08-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q2 2024: adjusted EPS up 15% to $1.71; reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales fell 9% to $190.8M due to Atchison closure; ex-distillery, sales up 7%.","Net income flat at $32.0M; adjusted net income up 15% to $38.0M.","Branded Spirits sales up 11% to $64.0M; premium plus spirits grew 29%.","Adjusted EBITDA rose 7% to $57.5M; margin expanded 450 bps to 30.2%.","Full-year guidance reaffirmed: sales $742-$756M, adjusted EBITDA $218-$222M, adjusted EPS $6.12-$6.23."],"consensus_eps_estimate":null,"consensus_eps_actual":2.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":361368000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236376,"accession_number":"0001628280-24-025466","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-05-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"MGP Ingredients shareholders elect nine directors, approve new equity plan at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All four common-stock director nominees elected with >18.2M votes each; broker non-votes of 1.29M.","Preferred stockholders elected five Group B directors; all but one received 315 votes for.","Ratification of KPMG as auditor: 19.6M common voted for, 264.9K against.","Advisory say-on-pay approved: 18.2M common for, 404.8K against.","2024 Equity Incentive Plan approved: 17.8M common for, 835.2K against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236375,"accession_number":"0001628280-24-019788","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q1 net income down 34% to $20.6M; reaffirms FY2024 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales decreased 15% to $170.6M; gross profit down 10% to $62.8M.","Diluted EPS of $0.92 (adjusted $1.07) vs $1.39 prior year.","Branded Spirits premium plus portfolio grew 12% YoY; Ingredient Solutions record sales up 15%.","Distilling Solutions sales -25% to $84.9M; ex-Atchison distillery closure up 2%.","FY2024 guidance reaffirmed: sales $742-756M, adj. EBITDA $218-222M, adj. EPS $6.12-6.23."],"consensus_eps_estimate":null,"consensus_eps_actual":0.92,"consensus_revenue_estimate":null,"consensus_revenue_actual":170563000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236374,"accession_number":"0001628280-24-018665","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-04-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients Chief Legal Officer Curtis Landherr resigns; transition period through May 31, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Curtis Landherr, Chief Legal Officer, VP, and Corporate Secretary, resigns effective May 31, 2024; officer roles end April 30.","Company enters transition agreement providing one year base salary ($442K), pro-rated STI, relocation expenses up to $103,500, and $70K lump sum.","Landherr will stay as non-officer employee through May 31 to assist transition; company begins search for successor general counsel."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254037,"accession_number":"0001628280-24-006147","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q4 2023 sales up 13%; adj. diluted EPS $1.64 vs $1.01; FY2024 guide","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 sales $214.9M (+13%), gross profit $85.1M (+35%), adjusted diluted EPS $1.64 vs $1.01 YoY.","Full year sales $836.5M (+7%), adjusted EBITDA $202.5M (+20%), adjusted diluted EPS $5.88 vs $4.92.","Branded Spirits premium plus sales grew 50% in Q4, 24% FY; Distilling Solutions brown goods sales +39% Q4, +26% FY.","FY2024 guidance: sales $742M-$756M; adj. EBITDA $218M-$222M; adj. EPS $6.12-$6.23.","Atchison distillery closure in Dec 2023 resulted in $19.4M FY impairment; Q4 one-time items $4.0M."],"consensus_eps_estimate":null,"consensus_eps_actual":4.8,"consensus_revenue_estimate":null,"consensus_revenue_actual":836523000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254036,"accession_number":"0001628280-24-001524","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2024-01-17T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients VP of Production & Engineering to retire July 31, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stephen J. Glaser, Vice President of Production and Engineering, notified his retirement effective July 31, 2024.","Glaser is a named executive officer of the Company.","No replacement or transition plan has been announced as of the filing date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271506,"accession_number":"0001628280-23-041227","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-12-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"David Bratcher elected to MGP Ingredients Board, effective Jan 1, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bratcher elected as Group B director by preferred stockholders at special meeting.","He simultaneously becomes CEO and President on Jan 1, 2024 per prior Employment Agreement.","Bratcher served as COO and President of Branded Spirits since 2021 Luxco merger.","No additional compensation for Board service beyond CEO package disclosed Nov 2, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271505,"accession_number":"0001628280-23-036200","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"MGP Ingredients Q3 sales up 5% to $211.6M; CEO Colo to retire, Bratcher named successor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q3 sales $211.6M (+5% YoY); gross profit $73.4M (+24%); adjusted diluted EPS $1.34 vs $1.06 YoY.","Full-year guidance raised: sales $815-835M, adjusted EBITDA $192-197M, adjusted basic EPS $5.50-5.65.","CEO David Colo to retire Dec 31, 2023; David Bratcher (COO) becomes CEO and President Jan 1, 2024.","Bratcher's base salary $625k, target STI 100%, LTI 170% of base; Colo to advise through April 2024.","Impairment/one-time costs of $18.3M from planned Atchison closure; contingent consideration $4.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288379,"accession_number":"0001628280-23-031563","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-09-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"MGP Ingredients increases shelf facility to $250M, extends through Aug 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maximum principal under shelf facility increased from $140M to $250M, subject to conditions and purchaser discretion.","Issuance period for senior secured promissory notes extended from Aug 23, 2023 to Aug 31, 2026.","Amendment effective August 23, 2023; entered into on August 31, 2023.","Company paid a renewal fee of $35,000 to Prudential.","Guarantors (MGPI Processing, MGPI Pipeline, etc.) ratified their obligations under the amended agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288378,"accession_number":"0001628280-23-027005","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients reports record Q2 sales $209M, net income up 26%; raises FY2023 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 sales $209.0M (+7% YoY); net income $32.0M (+26%); diluted EPS $1.44 vs $1.15.","Distilling Solutions sales $116.9M (+9%); brown goods sales up 30% driving growth.","Branded Spirits sales $57.6M (-2%) but premium plus brands grew 29% to $23.8M.","Ingredient Solutions segment record sales $34.5M (+18%); gross margin expanded.","FY2023 guidance raised: sales $815-835M, adj. EBITDA $187-192M, adj. EPS $5.35-5.50."],"consensus_eps_estimate":null,"consensus_eps_actual":2.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":410011000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288377,"accession_number":"0001628280-23-024818","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-07-13T23:59:59+00:00","items":["2.05","2.06","7.01","9.01"],"status":"ready","headline":"MGP Ingredients to close Atchison distillery; FY2023 charges $23-31M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closure of grain neutral spirits and industrial alcohol distillery expected by January 2024.","Pre-tax charges of $23-31M in FY2023: $17-21M non-cash impairments, $2-4M cash severance/contract fees.","Additional $4-6M capex for decoupling from Ingredient Solutions facility.","Closure expected to reduce 2024 net sales but be accretive to consolidated gross margin percentage.","Company cites structural market oversupply and higher local corn basis costs as key headwinds."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308860,"accession_number":"0001628280-23-020166","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-05-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"MGP Ingredients reports annual meeting results; all director nominees elected","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Nine directors elected to two classes: four Group A (Common Stock) and five Group B (Preferred Stock).","KPMG LLP ratified as independent auditor with 17.9M common shares for, 200K against.","Advisory say-on-pay resolution approved with 16.2M common shares for, 710K against.","Stockholders favored a 1-year frequency for future say-on-pay votes; board adopted annually."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308859,"accession_number":"0001628280-23-015449","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MGP Ingredients Q1 sales up 3% to $201M; net income down 17% to $31M; reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS fell to $1.39 from $1.69 YoY; adjusted EBITDA down 15% to $47.1M.","Distilling Solutions segment sales up 2% but gross margin fell to 29.2% from 34.9%.","Ingredient Solutions sales up 10% to $30.9M; gross profit rose to 39.5% margin.","Brown goods sales grew 10% to record levels; distribution realigned with RNDC.","FY2023 guidance reaffirmed: sales $815-835M, adjusted EBITDA $178-183M, adj. EPS $5.05-5.20."],"consensus_eps_estimate":null,"consensus_eps_actual":1.39,"consensus_revenue_estimate":null,"consensus_revenue_actual":201010000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":327635,"accession_number":"0001628280-23-004690","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2023-02-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MGP Ingredients reports record FY2022 sales up 25% to $782.4M; net income up 20%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 sales $191.0M (+15% YoY); adjusted diluted EPS $1.01 vs $0.88.","Full-year sales $782.4M (+25%); net income $108.9M (+20%); adjusted EBITDA $169.3M (+20%).","Distilling Solutions Q4 sales +23% to $101.2M; Branded Spirits FY sales +30% to $237.9M.","FY2023 guidance: sales $815-835M, adjusted EBITDA $178-183M, adjusted EPS $5.05-5.20.","Premium plus brand sales grew 23% in Q4 and 56% for the full year."],"consensus_eps_estimate":null,"consensus_eps_actual":4.92,"consensus_revenue_estimate":null,"consensus_revenue_actual":782358000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345337,"accession_number":"0001628280-22-032304","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-12-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients modifies RSU agreements: lowers retirement age to 60, adds dual-trigger CIC vesting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Retirement redefined as age 60 with 5 years of service (previously age 65, no service requirement).","Change-in-control vesting now requires termination without Cause or resignation for Good Reason within 18 months (dual trigger).","New pro-rata vesting over 3 years introduced for awards starting 2024; 2023 grants retain 3-year cliff vesting.","Steve Glaser's outstanding RSUs affected by the amended Retirement definition.","Two new RSU award agreement forms adopted: cliff vesting and pro-rata vesting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":345336,"accession_number":"0001628280-22-027971","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MGP Ingredients Q3 sales up 14% to $201.2M; raises FY2022 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 sales $201.2M (+14% YoY); net income $23.6M vs $23.7M; diluted EPS $1.06 vs $1.08.","Distilling Solutions sales record $108.6M (+19%); brown goods sales +34% YoY.","Branded Spirits sales record $62.8M (+2%); gross margin expanded to 39.9%.","Ingredient Solutions sales record $29.7M (+24%) driven by plant-based food demand.","FY2022 guidance raised: sales $765-780M, adj. EBITDA $162-167M, adj. EPS $4.62-4.80."],"consensus_eps_estimate":null,"consensus_eps_actual":3.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":591363000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361791,"accession_number":"0001628280-22-022327","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-08-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP Ingredients VP of Alcohol Sales David Dykstra to retire Dec 31, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Dykstra, VP of Alcohol Sales, plans retirement effective December 31, 2022.","Letter agreement provides RSU lump-sum payment if Dykstra remains employed through Dec 31 and signs release.","RSU value based on Dec 30, 2022 closing price; also receives FY2022 short-term incentive bonus.","Agreement intended to ensure orderly transition of customer relationships."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":361790,"accession_number":"0001628280-22-020860","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-08-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MGP Ingredients Q2 2022 sales up 11% to $195M; net income up 26%; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales $195.0M (+11% YoY); operating income $35.3M (+28%); net income $25.4M (+26%).","Diluted EPS $1.15 vs $0.91 prior year; adjusted EPS $1.15 vs $1.27 (down 10%).","Distilling Solutions sales +19% to $107.1M; brown goods +29% YoY.","Full-year FY2022 guidance raised: sales $745-765M; adjusted EBITDA $156-163M; basic adj. EPS $4.41-4.65.","Ingredient Solutions record sales $29.3M (+21%); gross margin improved to 29.0%."],"consensus_eps_estimate":null,"consensus_eps_actual":2.84,"consensus_revenue_estimate":null,"consensus_revenue_actual":390217000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381208,"accession_number":"0001628280-22-018282","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-06-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"MGP grants COO Bratcher enhanced severance with RSU acceleration upon qualifying termination","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Bratcher receives full vesting of outstanding unvested RSUs upon termination without cause or for good reason.","Pro-rata LTI award for the year of termination, based on days employed divided by 365.","Additional benefits subject to execution of release and other conditions of executive severance plan.","No change in at-will employment; other existing agreements remain in effect."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381207,"accession_number":"0001628280-22-016075","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-06-02T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"MGP Ingredients removes two VPs from Section 16 officer list after leadership realignment","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Dykstra (VP Alcohol Sales) and Stephen Glaser (VP Production & Engineering) cease being Section 16 reporting officers.","Change stems from internal realignment of senior leadership reporting responsibilities, effective May 26, 2022.","Both individuals remain with the company; only their officer designation for SEC reporting purposes changed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381206,"accession_number":"0001628280-22-015556","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-05-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"MGP Ingredients stockholders elect nine directors, ratify KPMG, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Group A directors elected by common stock: Gerke, Lux, Rauckman, Siwak with >18.6M for each.","Group B directors elected by preferred stock: Colo, Clark, Michelson, Mingus, Seaberg with 315 for each.","KPMG ratified as auditor (common: 16.4M for, 107K against; preferred: unanimous).","Advisory vote on executive compensation approved (common: 18.5M for; preferred: unanimous)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":381205,"accession_number":"0001628280-22-012433","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-05-05T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Q1 sales up 80.2% to $195.2M; EPS $1.69 vs $0.90","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Sales $195.2M (+80.2% YoY); operating income $50.1M (+144.3%).","Net income $37.4M (+142.2%); diluted EPS $1.69 vs $0.90.","Distilling Solutions sales $111.5M (+25.8%); Branded Spirits $55.8M (Luxco acquisition).","Ingredient Solutions sales $28.0M (+46.2%); gross margin improved to 29.0% from 20.7%.","FY2022 guidance confirmed: sales $690-715M, adj. EBITDA $150-157M, adj. EPS $4.15-4.35."],"consensus_eps_estimate":null,"consensus_eps_actual":1.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":195235000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":399231,"accession_number":"0001628280-22-003643","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2022-02-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MGP Ingredients reports record FY2021 sales of $626.7M (+58.5%), raises 2022 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year diluted EPS rose to $4.34 from $2.37; adjusted EPS $4.24 vs $2.51.","Q4 sales $166.8M (+65.3%); Q4 operating income up 191.6% to $45.3M.","Distillery Products full-year sales +12.5% to $352.5M; Branded Spirits $183.6M from Luxco acquisition.","2022 guidance: sales $690-715M, adjusted EBITDA $150-157M, adjusted EPS $4.15-4.35 basic.","Ingredient Solutions sales +16.1% to $90.7M; company plans $33M in expansion projects."],"consensus_eps_estimate":null,"consensus_eps_actual":4.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":626720000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":418214,"accession_number":"0001628280-21-023547","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2021-11-16T23:59:59+00:00","items":["1.01","2.03","3.02","9.01"],"status":"ready","headline":"MGP Ingredients closes $201.2M 1.875% convertible note offering due 2041","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$201.2M notes (incl. full $26.25M greenshoe) with 1.875% coupon, due Nov 2041, sold in 144A placement.","Initial conversion price ~$96.24; rate 10.3911 shs/$1k; convertible upon stock price conditions and after July 2026.","Senior unsecured; guaranteed by subsidiaries Luxco, MGPI Processing, MGPI of Indiana.","Callable at par from Nov 2024 (if stock ≥130% of conversion price) or unconditionally from Nov 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":418213,"accession_number":"0001628280-21-022919","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2021-11-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"MGP Ingredients prices $175M convertible notes offering to reduce revolving credit facility debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $175 million aggregate principal amount of 1.875% convertible senior notes due 2041 in a private offering.","Initial conversion price is approximately $96.24 per share, a 37.5% premium over the November 10 closing price of $69.99.","Net proceeds estimated at $169.3 million ($194.8 million if over-allotment fully exercised) to reduce outstanding revolving credit facility balance.","Initial purchasers granted option to buy up to an additional $26.25 million principal amount to cover over-allotments.","Settlement scheduled for November 16, 2021; notes guaranteed by MGPI Processing, MGPI of Indiana, and Luxco."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":418212,"accession_number":"0001628280-21-021791","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2021-11-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"MGP Ingredients files pro forma financials reflecting Luxco acquisition; combined revenue $503.7M, net income $55.6M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Pro forma combined sales $503.7M, net income $55.6M, diluted EPS $2.53 for YTD Sept 30, 2021.","Total merger consideration $446.4M: $237.5M cash + 5,007,833 shares valued at $296.2M (22.8% post-close).","Purchase price adjustment finalized Sept 2021: cash reduced ~$0.6M, shares increased by 1,373 shares.","Goodwill $224.9M, intangible assets $219.5M (trade names $178.1M, distributor relationships $41.4M).","Merger-related costs $12.1M in SG&A; will not recur beyond one year."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":418211,"accession_number":"0001628280-21-021309","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2021-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MGP Ingredients Q3 sales up 71.5% to $176.6M, EPS $1.08, raises full-year guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated sales $176.6M (+71.5%), gross profit $57.1M (+146.5%), operating income $32.9M (+140.9%).","Adjusted EPS $1.09 vs $0.61; adjusted EBITDA $38.4M (+124.2%).","FY2021 guidance raised: sales $570M–$615M, adj. EBITDA $125M–$135M, adj. EPS $3.75–$4.05.","Distillery Products sales +15%; Branded Spirits $61.6M from Luxco; Ingredient Solutions +12.5%.","Recorded $6.4M partial insurance settlement for Atchison fire; new dryer expected operational Q4 2021."],"consensus_eps_estimate":null,"consensus_eps_actual":2.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":459873000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":418210,"accession_number":"0001628280-21-019539","cik":835011,"company_name":"MGP INGREDIENTS INC","ticker":"MGPI","form_type":"8-K","filed_at":"2021-10-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"MGP files Luxco Q1 2021 financials: net loss of $2.6M on $9M merger costs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Luxco net loss of $2.617M for Q1 2021 vs net income of $5.634M in Q1 2020.","Operating loss of $1.558M vs operating income of $6.457M; net sales up to $44.370M.","Transaction-related professional fees and bonuses of ~$9M and $10M prepaid expenses recognized in Q1 2021.","Unaudited pro forma combined financials for MGP and Luxco filed for Q1 2021 and YTD June 30, 2021.","Acquisition closed April 1, 2021; historical results reflect pre-merger Luxco standalone."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":390666192.2314607,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2021-10-04T23:59:59+00:00|418210"}