{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-007958","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2025-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.476989+00:00","generated_at":"2026-05-26T04:09:46.910588+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MGP Ingredients Q4 net loss $42M on goodwill impairment; 2025 guidance well below 2024","bullets":["Q4 net loss $42M ($1.91 basic EPS loss) includes $73.8M non-cash goodwill impairment; adjusted EPS $1.57.","Consolidated Q4 sales $180.8M, down 16% YoY; full year sales $703.6M, down 16%.","Full year adjusted EBITDA $196.5M, down 6%; 2025 guidance: adj EBITDA $105-115M, adj EPS $2.45-2.75.","Distilling Solutions Q4 sales $82.0M (-25%); Branded Spirits $64.0M (-12%); Ingredient Solutions +4%.","2025 capex guidance $36M vs $73.2M in 2024; net debt leverage 1.5x as of Dec 31, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-007958","json":"https://secwatch.observer/filing/0001628280-25-007958.json","markdown":"https://secwatch.observer/filing/0001628280-25-007958.md","text":"https://secwatch.observer/filing/0001628280-25-007958.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000162828025007958/0001628280-25-007958-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000162828025007958/mgpi-20250226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T04:09:46.910588+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}