Backs FY25 revenue view $520M-$540M, consensus $529.54M. Backs FY25 adjusted EBITDA view $105M-$115M. The company said, “We are focused on our most impactful initiatives, leaning harder on our competitive strengths, and executing with greater discipline in the current environment. We remain confident in the trajectory and positioning of our business, enabling us to reaffirm our 2025 outlook and continue to make progress towards our goal of establishing MGP as a premier branded spirits company.”
Easter Sale - 70% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MGPI:
- MGPI Earnings this Week: How Will it Perform?
- MGP Ingredients price target lowered to $35 from $40 at Truist
- MGP Ingredients price target lowered to $41 from $45 at Roth Capital
- MGP Ingredients Appoints New Independent Directors to Board
- EU proposes 25% counter-tariffs, Bourbon removed from list, Reuters says