earnings
confidence high
sentiment positive
materiality 0.70
MGP Ingredients Q3 sales -19% to $130.9M, net income -35%; raises FY adjusted EBITDA, EPS outlook
MGP INGREDIENTS INC
2025-Q3 EPS reported
$1.24
revenue$398,059,000
- 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.