{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-036841","form_type":"8-K","ticker":"MGPI","cik":"0000835011","company_name":"MGP INGREDIENTS INC","filed_at":"2025-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.474685+00:00","generated_at":"2026-05-17T22:37:10.880726+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MGP Ingredients Q2 sales -24% to $145.5M, net income -55%; new CEO Julie Francis appointed","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-036841","json":"https://secwatch.observer/filing/0001628280-25-036841.json","markdown":"https://secwatch.observer/filing/0001628280-25-036841.md","text":"https://secwatch.observer/filing/0001628280-25-036841.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/835011/000162828025036841/0001628280-25-036841-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/835011/000162828025036841/mgpi-20250731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:37:10.880726+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"}