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MGP Ingredients, Inc. - MGPI STOCK NEWS

Welcome to our dedicated news page for MGP Ingredients (Ticker: MGPI), a resource for investors and traders seeking the latest updates and insights on MGP Ingredients.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MGP Ingredients's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MGP Ingredients's position in the market.

Rhea-AI Summary
Lux Row Distillers' Blood Oath Pact 10 Kentucky Straight Bourbon Whiskey, double finished in Cabernet Franc and Merlot casks, arrives at retail in April. Master Distiller John Rempe marks a decade of distinction with a supply of 17,000 cases at $129.99 per 750 ml bottle, offering a unique blend of rare bourbons with rich flavors and a smooth finish.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
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Rhea-AI Summary
MGP Ingredients, Inc. schedules a conference call/webcast to discuss first-quarter results on May 2, 2024. The company will release its financial results before the market opens, with management including CEO David Bratcher and CFO Brandon Gall participating.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
-
Rhea-AI Summary
Lux Row Distillers introduces Ezra Brooks 99 Port Wine Cask Finish, a new variant of its award-winning brand. Priced at $34.99 per 750 ml bottle, this bourbon is aged in port casks for six months, offering a unique flavor profile with spicy ryed bourbon taste and additional flavor notes. With a mash bill of 78% corn, 10% rye, and 12% malt, this 99 proof bourbon is crafted with high-quality ingredients and distinctive packaging.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.14%
Tags
none
Rhea-AI Summary
MGP Ingredients, Inc. announces a $100.0 million share repurchase plan after a successful 2023. CEO David Bratcher highlights strong results and future growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.32%
Tags
buyback
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Rhea-AI Summary
MGP Ingredients, Inc. reports a 20% increase in full-year gross profit, with strong financial results across all business segments. The company's fourth-quarter and full-year performance showcases growth in sales, gross profit, and adjusted earnings, reflecting a successful long-term strategy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.86%
Tags
-
Rhea-AI Summary
MGP Ingredients, Inc. (MGPI) declares a quarterly dividend of $0.12 per share of common stock, payable on March 29, 2024. The announcement reflects the company's commitment to rewarding shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.86%
Tags
dividends
Rhea-AI Summary
MGP Ingredients, Inc. (MGPI) will hold a conference call/webcast to discuss Q4 and full year 2023 results on Feb 22, 2024. The company expects to release financial results before the market opens. Management will include CEO David Bratcher and CFO Brandon Gall.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.8%
Tags
none
-
Rhea-AI Summary
Ross & Squibb Distillery, in partnership with NFL legend Chris Long and his Foundation's Waterboys initiative, completed a project to bring clean water to a community of 1,600 people in arid southern Kenya. A deep borehole well was dug to a depth of 80 meters, yielding 100,000 liters of water per day. The completion of a storage tank, distribution points, and a refillable water trough ensures the well's long-term success in terms of maintenance and sustainability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.27%
Tags
none
-
Rhea-AI Summary
Rebel Bourbon (REBEL) has signed a sponsorship agreement with Richard Childress Racing to become the official sponsor and the official bourbon of Richard Childress Racing and two-time NASCAR Cup Series Champion Kyle Busch. Kyle Busch will race the No. 8 Rebel Bourbon Chevrolet in select races during the 2024 and 2025 NASCAR Cup Series seasons, starting with the Spring race at Richmond Raceway on Sunday, March 31. Rebel Bourbon's award-winning wheated recipe is known for defying trends and being unapologetically bold, qualities that align with the success of both Richard Childress Racing and Kyle Busch.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
Tags
partnership
Rhea-AI Summary
MGP Ingredients, Inc. (Nasdaq: MGPI) promotes Amel Pasagic to Chief Commercial Officer, responsible for all commercial activities across the company's three business segments. Pasagic's data-driven culture and predictive data insights will drive the next phase of growth for MGP.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
none
MGP Ingredients, Inc.

Nasdaq:MGPI

MGPI Rankings

MGPI Stock Data

1.71B
13.95M
36.82%
71.69%
17.74%
Flour Milling
Manufacturing
Link
US
Atchison

About MGPI

mgp is a leading u.s. supplier of premium distilled spirits and the largest producer of specialty wheat proteins and starches. the company’s distilled spirits include gins, vodkas, and bourbon and rye whiskeys that are carefully crafted through a combination of art and science and backed by over 150 years of experience. our non-gmo proteins and starches provide functional, nutritional and sensory benefits to a host of applications that align with mgp’s focus on adding more goodness to food. mgp is headquartered in atchison, kansas, where distilled alcohol products and food ingredients are produced. premium spirits are also distilled and matured at the company’s facility in lawrenceburg, indiana.