---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-033883"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T14:08:27.449664+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients Q2 2024: adjusted EPS up 15% to $1.71; reaffirms FY guidance

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-033883
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835011/000162828024033883/0001628280-24-033883-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000162828024033883/mgpi-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-033883
- JSON: https://secwatch.observer/filing/0001628280-24-033883.json
- Plain text: https://secwatch.observer/filing/0001628280-24-033883.txt

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