MGP Ingredients Reports First Quarter 2020 Results
MGP Ingredients, Inc. (MGPI)
Last mgp ingredients, inc. earnings: 4/30 07:30 am
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ir.mgpingredients.com
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Source: GlobeNewswire
ATCHISON, Kan., April 30, 2020 (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, 2020. 2020 first quarter results compared to 2019 first quarter results Consolidated sales increased 11.2% to $99.1 million, reflecting a 7.3% increase in the Distillery Products segment and a 31.4% increase in the Ingredient Solutions segment.Consolidated gross profit increased 39.3% to $23.2 million, due to increased gross profit in both the Distillery Products and Ingredient Solutions segments.Consolidated operating income increased 61.0% to $13.7 million due to increased gross profit in both the Distillery Products and Ingredient Solutions segments, partially offset by increased corporate selling, general and administrative expenses.Non-GAAP operating income increased 67.9% to $14.3 million, exclusive of CEO transition costs.Earnings per share
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MGPI
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- 10/29/25 - Beat
MGPI
Sec Filings
- 11/21/25 - Form SCHEDULE
- 11/20/25 - Form 4
- 11/14/25 - Form 144
- MGPI's page on the SEC website