MGP Ingredients, Inc. (MGPI) News
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- Over the past 25 days, the trend for MGPI's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
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Below are the latest news stories about Mgp Ingredients Inc that investors may wish to consider to help them evaluate MGPI as an investment opportunity.
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In this article, we will take a look at the 10 best whiskey and alcohol stocks to buy in 2021. You can skip our comprehensive analysis of these companies and go directly to the 5 Best Whiskey and Alcohol Stocks to Buy in 2021. The year 2020 has been transformational for the whiskey and alcohol […]
The Company's actual results could differ materially from any forward-looking statements made today due to a number of factors, including the risk factors described in the Company's most recent annual and quarterly reports filed with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statements made during the call.
MGP (MGPI) delivered earnings and revenue surprises of 90.57% and 9.97%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / May 5, 2021 / MGP Ingredients, Inc. (FRA:M1I) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 5, 2021 at 10:00 AM Eastern Time.
Consolidated sales increased 9.3% from prior year period; Operating income increased 49.6%; Adjusted operating income up 56.7%ATCHISON, Kan., May 05, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the first quarter ended March 31, 2021. 2021 first quarter results compared to 2020 first quarter results Consolidated sales increased 9.3% to $108.3 million, as a result of double-digit growth in premium beverage alcohol within the Distillery Products segment.Consolidated gross profit increased 39.2% to $32.3 million, representing 29.8% of consolidated sales, due to improved gross profit in the Distillery Products segment.Consolidated operating income increased ...
ATCHISON, Kan., May 05, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock. The dividend is payable on June 4, 2021 to stockholders of record as of May 21, 2021. About MGP Ingredients, Inc.MGP Ingredients, Inc. (Nasdaq: MGPI) is a leading producer of premium distilled spirits, branded spirits, and food ingredient solutions. Since 1941, we have combined our expertise and energy aimed at formulating excellence, bringing product ideas to life collaboratively with our customers. As one of the largest distillers in the U.S., MGP’s offerings include bourbon and rye whiskeys, ...
Combined company materially increases MGP’s scale in the branded-spirits sector and establishes an additional platform for future growthATCHISON, Kan., April 01, 2021 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, has completed its previously announced acquisition of Luxco, Inc. and its affiliated companies (“Luxco”) effective April 1, 2021. The acquisition is the latest action driven by MGP’s long-term strategy focused on shifting to higher value-added products and significantly diversifies the business. The transaction is additionally expected to improve MGP’s gross margin and cash flow generation profile, and management expects EPS to be low to middle single digit percentage accretiv...
On Monday, Boston Beer Company got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
Does the March share price for MGP Ingredients, Inc. ( NASDAQ:MGPI ) reflect what it's really worth? Today, we will...