Welcome to our dedicated page for Mgp Ingredients news (Ticker: MGPI), a resource for investors and traders seeking the latest updates and insights on Mgp Ingredients stock.
MGP Ingredients, Inc. reports developments across branded spirits, distilling solutions and ingredient solutions, with news centered on operating results, production levels, dividends and demand conditions in American whiskey and specialty ingredients.
The company’s updates also cover the Luxco branded spirits portfolio, including Penelope, Rebel, Remus and Yellowstone bourbons and El Mayor tequila, as well as releases, barrel programs, partnerships and events tied to distilleries in Indiana and Kentucky and tequila operations in Arandas, Mexico. News on the business addresses branded spirits momentum, brown goods demand, distilling capacity, bottling and warehousing operations, and specialty fiber, protein and starch ingredients for food products.
MGPI (NASDAQ:MGPI), via its Ross & Squibb Distillery, launched ultra-limited Remus Lou Gehrig Reserve Bourbon, honoring the Yankees legend. The 109-proof bourbon blends four mash bills and is limited to 9,665 bottles, priced at $129.99, with charitable donations tied to Lou Gehrig’s ALS legacy.
Penelope Bourbon (NYSE:MGPI) announced Architects of Golf, a limited-edition whiskey collection honoring the brand’s golf-course origins. The range features three expressions—Hole 1, Hole 2, and Hole 3—each using distinct stave finishing to build progressively richer flavor profiles.
The bottles are 94 proof with an SRP of $59.99, available in limited quantities at select retailers nationwide beginning later in May. The launch includes golf-inspired cocktails and a Classic Club Sports Sweepstakes offering nine trips for two to premier tennis or golf tournaments.
MGP Ingredients (Nasdaq: MGPI) reported Q1 2026 results: consolidated sales of $106.4M (down 13%), gross profit $33.6M (down 22%), and a GAAP net loss of $134.8M driven by $179.5M of non-cash goodwill, intangible and asset impairment charges.
Adjusted metrics: adjusted EBITDA $15.0M (down 31%) and adjusted basic EPS $0.15 (down 58%). The company reaffirmed full-year 2026 guidance: sales $480M–$500M, adjusted EBITDA $90M–$98M, adjusted EPS $1.50–$1.80, and declared a $0.12 quarterly dividend payable May 29, 2026.
Yellowstone Bourbon (MGPI) renewed its annual partnership with the National Parks Conservation Association with a $25,000 donation on April 22, 2026, bringing total contributions since 2018 to more than $1 million. The brand will join NPCA's United by Parks 250th-anniversary campaign and continue joint outreach, special-edition releases, and conservation-focused media projects.
MGP Ingredients (Nasdaq:MGPI) will report first quarter 2026 results before the Nasdaq open on Wednesday, April 29, 2026. Management will host a conference call at 10:00 a.m. ET to discuss results, provide a business update and answer questions.
Investors may access a live webcast via the company Investor Relations News and Events page or dial the provided domestic and international phone numbers; a replay will be posted about 24 hours after the call.
MGP Ingredients (Nasdaq: MGPI) will temporarily idle distilling operations at Limestone Branch (Lebanon, KY) and Lux Row (Bardstown, KY) effective May 1, 2026 to align production with current inventory.
The company will continue distilling at its Lawrenceburg, IN facility, maintain warehousing, bottling, barrel programs and visitor centers, and reaffirms its consolidated 2026 sales, adjusted EBITDA, and adjusted basic EPS guidance.
El Mayor Tequila (NASDAQ:MGPI) announced a partnership with Tales of the Cocktail Foundation to support Tales on Tour industry events and to sponsor the Honor Your El Mayor cocktail competitions across multiple U.S. cities, with national and regional winners receiving TOTC scholarships for July 2026.
The program includes product education led by Master Distiller Graciela Gonzalez, selection of two U.S. scholarship winners, city-level live competitions, and entry details at LuxcoContest.com through May 8.
Lux Row Distillers (MGPI) announced Blood Oath Pact 12 Kentucky Straight Bourbon Whiskey, finished in Montepulciano and Sangiovese casks, available in-person April 25 and arriving at retail in June.
The release totals 51,000 bottles with a retail minimum suggested price of $129.99 per 750mL and a limited 17,000 (3-pack) case retail run; proof is 98.6 (49.3% ABV).
Remus Bourbon (MGPI) launched the Remus Bottle Club, a quarterly subscription delivering limited-edition and award-winning bottles directly to members, plus virtual tastings and behind-the-scenes access to Ross & Squibb Distillery.
This spring's shipment features Master Distiller Experimental Series No. 2, a 2017 straight wheat whiskey finished in port and sherry casks, bottled at 113 proof (56.5% ABV). Membership details and subscriptions are available at Remus.Club.
Remus Bourbon (NASDAQ:MGPI) launched the Remus Distiller's Vault private collection barrel program on March 18, 2026, inviting accounts and bourbon groups to select single barrels in person from Master Distiller Ian Stirsman's private collection.
Three age options are offered (11-, 9- and 7-year), proofs and mash bills vary by age, and a minimum suggested retail price is listed at $69.99 per 700mL bottle. Accounts start requests via the SignatureSelection.Luxco.com portal.