---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-003643"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T05:09:01.504851+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients reports record FY2021 sales of $626.7M (+58.5%), raises 2022 guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-22-003643
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835011/000162828022003643/0001628280-22-003643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000162828022003643/mgpi-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-003643
- JSON: https://secwatch.observer/filing/0001628280-22-003643.json
- Plain text: https://secwatch.observer/filing/0001628280-22-003643.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.