earnings
confidence high
sentiment negative
materiality 0.75
MGP Ingredients Q2 sales -24% to $145.5M, net income -55%; new CEO Julie Francis appointed
MGP INGREDIENTS INC
2025-Q2 EPS reported
$0.53
revenue$267,147,000
- Sales down 24% to $145.5M; gross profit -30% to $58.4M; margin 40.1% (-350bps).
- Net income $14.4M (-55%); adj. net income $20.9M (-45%); adj. EPS $0.97 (-43%).
- Branded -5% to $60.5M; Distilling -46% to $50.0M; Ingredient +5% to $35.0M.
- Julie Francis appointed President & CEO; Brandon Gall remains CFO.
- FY2025 outlook reaffirmed: sales $520-540M; adj. EBITDA $105-115M; adj. EPS $2.45-2.75.
item 2.02item 9.01