Reflecting On Beverages, Alcohol, and Tobacco Stocks' Q1 Earnings: MGP Ingredients (NASDAQ:MGPI) [Yahoo! Finance]
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
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US:NASDAQ Investor Relations:
ir.mgpingredients.com
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Source: Yahoo! Finance
These companies' performance is influenced by brand strength, marketing strategies, and shifts in consumer preferences. Changing consumption patterns are particularly relevant and can be seen in the rise of cannabis, craft beer, and vaping or the steady decline of soda and cigarettes. Companies that spend on innovation to meet consumers where they are with regards to trends can reap huge demand benefits while those who ignore trends can see stagnant volumes. Finally, with the advent of the social media, the cost of starting a brand from scratch is much lower, meaning that new entrants can chip away at the market shares of established players. The 15 beverages, alcohol, and tobacco stocks we track reported a mixed Q1. As a group, revenues missed analysts' consensus estimates by 0.5%. In light of this news, share prices of the companies have held steady as they are up 1.9% on average since the latest earnings results. Headquartered in Atchison, Kansas, MGP Ingredients (NASDAQ:MGP
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MGPI
News
- Rebel Bourbon announces annual release of highly acclaimed Rebel 10-Year Single Barrel BourbonPR Newswire
- 1 Cash-Producing Stock to Research Further and 2 to Steer Clear Of [Yahoo! Finance]Yahoo! Finance
- MGP Ingredients (NASDAQ:MGPI) investors are sitting on a loss of 68% if they invested three years ago [Yahoo! Finance]Yahoo! Finance
- LUXCO INTRODUCES CORTADA, A SMOKED TEQUILA [Yahoo! Finance]Yahoo! Finance
- LUXCO INTRODUCES CORTADA, A SMOKED TEQUILAPR Newswire
MGPI
Earnings
- 5/1/25 - Beat
MGPI
Sec Filings
- 7/3/25 - Form 4
- 5/27/25 - Form 8-K
- 5/22/25 - Form 4
- MGPI's page on the SEC website