
MGP Ingredients NASDAQ: MGPI reported second-quarter 2026 results that exceeded its internal expectations, despite year-over-year declines in sales, earnings and adjusted EBITDA amid continued pressure in the distilled spirits market.
MGP Ingredients, Inc. produces and supplies distilled spirits and specialty wheat proteins and starch food ingredients. The company is headquartered in Atchison, Kansas.
| Revenue (TTM) | $521.15M |
| Gross Profit (TTM) | $189.66M |
| EBITDA | $100.42M |
| Operating Margin | 5.94% |
| Return on Equity | -34.10% |
| Return on Assets | 3.94% |
| Revenue/Share (TTM) | $24.38 |
| Book Value | $27.20 |
| Price-to-Book | 0.66 |
| Price-to-Sales (TTM) | 0.77 |
| EV/Revenue | 1.204 |
| EV/EBITDA | 19.19 |
| Quarterly Earnings Growth (YoY) | -33.60% |
| Quarterly Revenue Growth (YoY) | -12.50% |
| Shares Outstanding | $21.37M |
| Float | $14.47M |
| % Insiders | 32.58% |
| % Institutions | 73.51% |
Volatility is currently expanding

MGP Ingredients NASDAQ: MGPI reported second-quarter 2026 results that exceeded its internal expectations, despite year-over-year declines in sales, earnings and adjusted EBITDA amid continued pressure in the distilled spirits market.

MGP (MGPI) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.97 per share a year ago.

ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced four strategic leadership appointments to strengthen its commercial and marketing excellence across the enterprise. Tom Neiheisel joins as vice president, distilling solutions sales; Sol Clahane as managing director, national accounts; Marilyn Chen as brand director for Penelope Bourbon; and David Sanders as vice president of f.

The 11th annual release draws inspiration from the light and shadow of the Grand Canyon of the Yellowstone National Park, featuring a dual-finished blend of 7- and 14-year-old bourbons bottled at 101 proof ST. LOUIS, July 15, 2026 /PRNewswire/ -- Today, Yellowstone Bourbon announced the release of Yellowstone Limited Edition 2026, the 11th expression in its annual Limited Edition series.

Built on eight years of innovation, Penelope's new portfolio is designed for everyday occasions ST. LOUIS, June 9, 2026 /PRNewswire/ -- Penelope Bourbon announces the launch of its Classic Series and its new expressions: Kentucky Straight Bourbon Whiskey and Straight Rye Whiskey, two foundational whiskeys designed for everyday drinking occasions.

ALTO returns to profitability in the first quarter, with a favorable product mix helping offset operational challenges and seasonal market pressures.

MGP Ingredients is rated a long-term buy, offering discounted valuation and valuable distilling assets despite near-term operational headwinds. MGPI faces acute pressure from American whiskey oversupply, leading to distillery closures, significant sales declines, and inventory-driven downturns. The balance sheet remains healthy with deleveraging and a strong current ratio, but equity and cash have contracted due to impairments and weaker performance.

ALTO's essential ingredients return rises to 53.4% in Q1 2026, aided by higher co-product pricing and lower corn costs, even as volumes decline.

The newest release arrives just in time for summer to elevate at-home gatherings ST. LOUIS, May 28, 2026 /PRNewswire/ -- Summer is here for Penelope Bourbon, one of the fastest-growing premium whiskey brands today, as it introduces Blackberry Old Fashioned, the newest addition to its collection of award-winning ready-to-pour cocktails.

The Ultra-Limited Bourbon Pays Tribute to the Iron Horse with a Collectible New Expression Inspired by One of Baseball's Most Enduring Icons LAWRENCEBURG, Ind., May 19, 2026 /PRNewswire/ -- Today, Remus Bourbon, the award-winning whiskey produced by MGP's Ross & Squibb Distillery, announced the launch of Remus Lou Gehrig Reserve Bourbon.
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