{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-006147","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.029786+00:00","generated_at":"2026-06-05T21:24:44.319094+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MGP Ingredients Q4 2023 sales up 13%; adj. diluted EPS $1.64 vs $1.01; FY2024 guide","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-006147","json":"https://secwatch.observer/filing/0001628280-24-006147.json","markdown":"https://secwatch.observer/filing/0001628280-24-006147.md","text":"https://secwatch.observer/filing/0001628280-24-006147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000162828024006147/0001628280-24-006147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000162828024006147/mgpi-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:24:44.319094+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"909b510f41778f3484dc419a5608ba42d6f9895d","claim":"MGP INGREDIENTS INC updated its the fourth quarter and full year ended December 31, 2023 guidance (initiated).","evidence_excerpt":"On February 22, 2024, MGP Ingredients, Inc. (the “Company”) issued a Press Release relating to financial results for the fourth quarter and full year 2023, which ended December 31, 2023. A copy of the press release is being furnished as Exhibit 99.1 and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/835011/000162828024006147/0001628280-24-006147-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}