MGP Stock Recent News
MGP LATEST HEADLINES
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced it has successfully refinanced its revolving credit facility and amended its note purchase and private shelf agreement. As part of the refinancing, MGP upsized its revolving credit facility from $400 million to $500 million and extended its maturity from 2026 to 2030, with unchanged applicable interest rates. The amended revolv.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the first quarter ended March 31, 2025, on Thursday, May 1, at 10 a.m. ET. The company expects to release its financial results before the markets open. Management, including Brandon Gall, interim President and CEO, and CFO and Mark Davidson, Corporate Controller and Head of Treasury, will hold a.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, is pleased to announce the election of Gerardo “Gerry” Lopez and Martin Roper to its Board of Directors, bringing extensive industry and operational expertise to further strengthen its Board. Concurrent with these appointments, Preet Michelson has resigned as a member of the Board. Following these changes, the Board will return to nine directo.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that Brandon Gall, Interim President and CEO, and CFO, and Amit Sharma, VP, IR will participate in the 37th Annual Roth Conference. The Company will host a fireside chat at 4:30 p.m. Eastern on March 17, 2025. A live webcast of the fireside chat will be available at the “News & Events” section of the Company's website at ir.
MGPI share price has fallen roughly 73% off their recent high of $123.54 in August of 2023. A CEO resignation, notable facility closure, shift to higher margin business, and industry-wide decline in brown-goods business has clouded the picture. I believe the steep decline in share price represents an opportunity for long-term investors.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2024. “Despite ongoing industry-wide challenges, our fourth quarter results were in line with our expectations. Elevated industry-wide barrel whiskey inventories continue to weigh on overall brown goods sales and pricing trends, pressuring our financial performance a.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, 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 March 28, 2025 to stockholders of record as of March 14, 2025. About MGP Ingredients, Inc. MGP Ingredients, Inc. (Nasdaq: MGPI) is a leading producer of premium branded and distilled spirits,.
NEW YORK, NY / ACCESS Newswire / February 14, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=129488&wire=1 or contact Joseph E. Levi, Esq.
SAN FRANCISCO, CA / ACCESS Newswire / February 13, 2025 / National plaintiffs law firm Lieff Cabraser Heimann & Bernstein, LLP announces that it has filed a securities class action against MGP Ingredients, Inc. ("MGPI" or the "Company") (NASDAQ:MGPI) on behalf of investors who purchased or otherwise acquired the publicly traded securities of MGPI between May 4, 2023, and October 30, 2024, inclusive (the "Class Period"), including sellers of MGPI put options during the Class Period. Lieff Cabraser encourages MGPI investors during the Class Period to contact us immediately regarding the securities class action against MGPI.
NEW YORK, NY / ACCESS Newswire / February 13, 2025 / If you suffered a loss on your MGP Ingredients, Inc. (NASDAQ:MGPI) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/mgp-ingredients-inc-lawsuit-submission-form?prid=129368&wire=1 or contact Joseph E. Levi, Esq.