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Stock impact report

MGP Ingredients forecasts lower sales, earnings in 2026 [Yahoo! Finance]

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: Yahoo! Finance
US distilling group MGP Ingredients is expecting to see lower sales and earnings in 2026. In its annual results statement for 2025 yesterday (25 February), the group shared a forecast of $480 to $500m in sales for 2026. For the 12 months ended 31 December, MGP Ingredients booked $536.4m in sales, a 24% decline on 2024. This was driven by an "anticipated" sales drop in the company's Distilling Solutions segment. In the full-year, the company's Distilling Solutions unit, which produces spirits for other businesses, saw sales decline 45% on 2024, to $181.4m. The group's "brown goods" sales in this segment specifically were down by more than half, "as the company proactively renegotiated contracts and many large customers paused purchases, including to balance their whiskey inventories and manage their working capital". The whiskey and vodka distiller also said yesterday it expected adjusted EBITDA for 2026 to sit between $90m and $98m. In 2025, the business saw this figure rea Show less Read more
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