The earnings call highlighted strong growth in premium plus branded spirits and improvements in the Ingredient Solutions segment, as well as a solid financial position. However, significant declines in overall revenue and challenges in the Distilling Solutions segment indicate ongoing difficulties. The economic environment continues to present challenges affecting consumer behavior.

Company Guidance

During MGP Ingredients' second quarter earnings call for fiscal year 2025, management provided detailed guidance and performance metrics. Consolidated sales and adjusted EBITDA decreased by 24% and 38%, respectively, compared to the prior year, largely due to a decline in the Distilling Solutions segment. Despite a 5% decline in Branded Spirits sales, the premium plus portfolio showed positive growth, increasing by 1%. Adjusted earnings per share fell to $0.97, while year-to-date operating cash flows increased significantly to $56.4 million from $29.6 million the previous year. The company reaffirmed its 2025 guidance, expecting net sales between $520 million and $540 million, adjusted EBITDA in the range of $105 million to $115 million, and adjusted basic earnings per share between $2.45 and $2.75. The balance sheet remains strong, with net debt leverage under 2x, and capital expenditures are expected to be approximately $32.5 million for the year. The Branded Spirits segment is anticipated to experience a modest sales decline for the full year, though the premium plus segment is expected to grow by low single-digits.

Strong Performance in Premium Plus Branded Spirits

The premium plus Branded Spirits portfolio posted positive growth with a 1% increase in sales for Q2 2025, compared to the year-ago period. Penelope, a key brand, is expanding into new markets and launching new products.

Improved Cash Flow and Financial Position

Year-to-date operating cash flows increased to $56.4 million versus $29.6 million in the same period last year. The company remains well-capitalized with more than $600 million in availability under debt facilities.

Ingredient Solutions Segment Growth

Ingredient Solutions sales increased by 5% during the second quarter, driven by a rebound in specialty wheat protein sales.

New Distribution Partnership

MGP announced a new partnership with Breakthru Beverage Group for distribution in California, expected to drive growth in the market.

MGP Ingredients (MGPI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MGPI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.60 / -	1.29	―	―	―
Jul 31, 2025	2025 (Q2)	0.66 / 0.97	1.71	-43.27% (-0.74)	―
May 01, 2025	2025 (Q1)	0.34 / 0.36	1.07	-66.36% (-0.71)	―
Feb 26, 2025	2024 (Q4)	1.50 / 1.57	1.64	-4.27% (-0.07)	―
Oct 31, 2024	2024 (Q3)	1.25 / 1.29	1.34	-3.73% (-0.05)	―
Aug 01, 2024	2024 (Q2)	1.54 / 1.71	1.49	14.77% (+0.22)	―
May 02, 2024	2024 (Q1)	0.98 / 1.07	1.39	-23.02% (-0.32)	―
Feb 22, 2024	2023 (Q4)	1.35 / 1.64	1.01	62.38% (+0.63)	―
Nov 02, 2023	2023 (Q3)	1.30 / 1.34	1.06	26.42% (+0.28)	―
Aug 03, 2023	2023 (Q2)	1.25 / 1.49	1.15	29.57% (+0.34)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MGPI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$29.24	$28.16	-3.69%
May 01, 2025	$29.24	$30.62	+4.72%
Feb 26, 2025	$32.21	$31.84	-1.15%
Oct 31, 2024	$55.51	$47.36	-14.68%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mgp Ingredients (MGPI) report earnings?

Mgp Ingredients (MGPI) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Mgp Ingredients (MGPI) earnings time?

Mgp Ingredients (MGPI) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MGPI EPS forecast?

MGPI EPS forecast for the fiscal quarter 2025 (Q3) is 0.6.

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