earnings
confidence high
sentiment negative
materiality 0.85
MGP Ingredients Q4 net loss $134.6M includes $152.6M impairment; FY sales -24%
MGP INGREDIENTS INC
2025-FY EPS reported
-$4.99
revenue$536,375,000
- 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.