MGP Ingredients Inc. (M1I)
XFRA 
Summary
M1I Chart
MGP Ingredients, Inc. (MGPI) Q1 2026 Earnings Call Transcript
MGP Ingredients, Inc. (MGPI) Q1 2026 Earnings Call Transcript
MGP (MGPI) Q1 Earnings and Revenues Top Estimates
MGP (MGPI) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.36 per share a year ago.
MGP (MGPI) Q4 Earnings and Revenues Surpass Estimates
MGP (MGPI) came out with quarterly earnings of $0.63 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $1.57 per share a year ago.
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MGP Ingredients Inc. Profile
| Beverages Industry | Consumer Staples Sector | Chris Wiseman CEO | XFRA Exchange | 55303J106 CUSIP |
| US Country | 617 Employees | 15 May 2026 Last Dividend | 16 Jul 2004 Last Split | 20 Oct 1988 IPO Date |
Overview
MGP Ingredients, Inc., with its subsidiaries, stands out as a pivotal company in the production and supply of distilled spirits, branded spirits, and food ingredients both in the United States and internationally. The company, established in 1941 and headquartered in Atchison, Kansas, operates across three strategic segments: Distillery Solutions, Branded Spirits, and Ingredient Solutions. These diverse segments allow MGP Ingredients to cater to a wide range of markets, from beverage alcohol to food products and industrial applications, demonstrating a versatile and comprehensive approach to its business operations.
Products and Services
MGP Ingredients, Inc.'s offerings are vast and diversified, spanning across various markets. Below is a detailed look into their primary products and services:
- Distillery Solutions:
This segment specializes in producing food-grade alcohol used in a variety of beverage applications including bourbon, rye, whiskeys, as well as grain neutral spirits like vodka and gin. Additionally, it produces food-grade industrial alcohol for use in food products, personal care products, cleaning solutions, pharmaceuticals, and more. Distiller co-products such as dried distillers' grain, fuel-grade alcohol for gasoline blending, and corn oil are also offered, along with warehouse services for barrel storage and retrieval, plus blending services.
- Branded Spirits:
MGP Ingredients provides a spectrum of branded distilled spirit products ranging from premium plus to value brands, as well as private label products. This extensive range caters to varied market preferences and demonstrates the company's adaptability in the competitive spirits market.
- Ingredient Solutions:
This segment delivers specialized food ingredients, including specialty wheat starches marketed under brands like Fibersym, Resistant Starch series, and FiberRite RW Resistant Starch. Specialty wheat proteins are offered under the Arise and Proterra names, alongside gluten-free textured pea proteins. Also, the segment produces commodity wheat starch and protein for food and non-food applications, catering to manufacturers and processors of packaged goods or bakeries.
