MGP Ingredients, Inc. Stock News

Fourth-generation Master Distiller Graciela Gonzalez brings an old family recipe back to life with Cortada™ Blanco and Reposado Smoked Tequila, debuting in Denver this summer ST. LOUIS , June 10, 2025 /PRNewswire/ -- Luxco, Inc. announces the launch of Cortada Smoked Tequila – a new premium tequila cut with a whisper of smoke.

Limited-edition release crafted for the ultimate medium-bodied cigar pairing is the first in a series of releases to enhance the complexity and enjoyment of cigar occasions ST. LOUIS , June 3, 2025 /PRNewswire/ -- Whiskey and cigars have always been savored together, but never quite like this – Penelope Bourbon  elevates the timeless pairing of whiskey and cigars with the debut of Cigar Session...

ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, announced that Martin Roper has been elected Chairman of the Board effective May 22, 2025. Martin Roper joined the MGP Board of Directors in April 2025 and brings more than 25 years of beverage industry experience, including nearly two decades...

The latest limited-edition offering will be available in North Carolina and at Lux Row Distillers ST. LOUIS , May 21, 2025 /PRNewswire/ -- Bardstown, Kentucky-based Rebel Bourbon – the Official Bourbon of Richard Childress Racing (RCR) – teamed up with Childress Vineyards on the release of Rebel 100 Childress Vineyards Cabernet Franc Barrel Finish.

Dublin, May 13, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Food Emulsifiers Market, Region, Competition, Forecast & Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering. The Saudi Arabia Food Emulsifiers Market was valued at USD 50.79 Million in 2024, and is expected to reach USD 70.51 Million by 2030, rising at a CAGR of 5.58%

MGP Ingredients has experienced a significant drop in its stock price due to lower U.S. liquor consumption and a whiskey glut since 2024, but remains profitable. With an EPS forecast of $3.01 by 2026, the stock's forward P/E under 11x appears incredibly low, presenting a potential buying opportunity. The recent price move above its 50-day moving average and unusually large 23% of float sold sho...

MGP Ingredients, Inc. (NASDAQ:MGPI ) Q1 2025 Earnings Conference Call May 1, 2025 10:00 AM ET Company Participants Amit Sharma - VP, IR Brandon Gall - VP, Finance & CFO Mark Davidson - VP, Corporate Controller and Head of Treasury Conference Call Participants Marc Torrente - Wells Fargo Bill Chappell - Truist Securities Seamus Cassidy - TD Cowen Sean McGowan - ROTH Capital Markets Mitch Pinheir...

ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the first quarter ended March 31, 2025. “We are pleased with first quarter results that keep us on track to meet our full-year guidance. While elevated industry-wide barrel whiskey inventories and a cautious consumer...