Mgp Ingredients INC 8-K filings

MGP Ingredients, Inc. has amended its credit and note purchase agreements to provide financial flexibility, particularly regarding potential receivable losses and leverage ratios.

MGP Ingredients announced its second quarter 2026 financial results, showing a decrease in consolidated sales and gross profit compared to the prior year, but with adjusted EBITDA and EPS exceeding expectations.

MGP Ingredients, Inc. held its 2026 Annual Meeting of Stockholders on May 13, 2026, where directors were elected, the appointment of KPMG LLP was ratified, and executive compensation was approved on an advisory basis.

MGP Ingredients reported first quarter 2026 results, with sales in line with expectations and adjusted EBITDA and EPS ahead of plans, while reaffirming full-year guidance.

MGP Ingredients announced the temporary idling of distilling operations at two Kentucky facilities, effective May 1, 2026, due to market oversupply, while reaffirming its full-year 2026 financial guidance.

MGP Ingredients reported significant losses for Q4 and full-year 2025, driven by a goodwill impairment and declining sales, while providing a cautious 2026 outlook.

MGP Ingredients announces the retirement of long-serving director Karen Seaberg and the appointment of CEO Julie Francis to its Board of Directors, alongside key bylaw amendments.

MGP Ingredients reported a 19% sales decrease in Q3 2025 but raised its full-year adjusted EBITDA and EPS guidance, citing resilience in premium spirits and improved cash flow.

MGP Ingredients reported a 24% consolidated sales decrease in Q2 2025 to $145.5 million, alongside significant profit declines, yet reaffirmed its full-year 2025 sales and adjusted earnings guidance.

MGP Ingredients, Inc. announced the appointment of Julie Francis as President and Chief Executive Officer, effective July 21, 2025, while reaffirming its full year 2025 financial guidance.

MGP Ingredients, Inc. reported the successful election of all nominated directors and key proposals at its 2025 Annual Meeting, alongside significant board leadership changes including the appointment of Martin Roper as Chairman.

MGP Ingredients reports a decrease in sales and profit for Q1 2025, but reaffirms its full-year financial outlook, citing early signs of stabilization.

MGP Ingredients has amended its credit agreement, increasing the revolving credit facility to $500 million and extending the maturity date to April 2030, while also extending the period for issuing senior secured promissory notes.

MGP Ingredients welcomes Gerardo Lopez and Martin Roper to its Board of Directors while Preet Michelson steps down, effective April 14, 2025.

MGP Ingredients updates its long-term incentive program to include performance stock units and restricted stock units, aiming to incentivize future service and performance.

Three MGP Ingredients board members, Donn Lux, Karen Seaberg, and Lori Mingus, are expected to sell shares of the company's common stock for individual financial and estate planning purposes.

MGP Ingredients reports fourth quarter results in line with expectations, but provides a revised 2025 financial guidance reflecting proactive actions to address industry-wide challenges.

MGP Ingredients' Human Resources and Compensation Committee approved an amended and restated Short Term Incentive Plan (STIP) effective January 1, 2025, designed to motivate and reward employees based on performance goals.

MGP Ingredients has announced a leadership transition, with Brandon Gall stepping in as Interim CEO and Donn Lux taking over as Chairman of the Board.

MGP Ingredients reported a 24% decrease in consolidated sales for the third quarter of 2024, while net income increased by 82%, prompting adjustments to their whiskey production strategy.

MGP Ingredients announced preliminary third-quarter results showing a sales decline and lowered its full-year 2024 guidance due to soft alcohol spirits trends and elevated whiskey inventories.

MGP Ingredients has updated its bylaws to comply with new SEC rules regarding universal proxies and to modernize various corporate governance procedures.

MGP Ingredients has amended and restated its bylaws to incorporate changes related to universal proxy rules, preferred stock voting, and electronic communications, among other updates.

MGP Ingredients reported a solid second quarter with a 7% increase in consolidated sales excluding the impact of the Atchison distillery closure, and reaffirmed its full-year guidance.

MGP Ingredients successfully held its 2024 Annual Meeting, electing directors and approving the ratification of the accounting firm, executive compensation, and a new equity incentive plan.

MGP Ingredients' first quarter results for 2024 met expectations, with sales down 15% due to the Atchison distillery closure, but the company maintains its full-year guidance.

MGP Ingredients' Chief Legal Officer, Curtis C. Landherr, has resigned effective May 31, 2024, with a transition agreement in place.

MGP Ingredients reported a strong fourth quarter and full year 2023, with record full-year gross profit increasing 20% year-over-year.

MGP Ingredients, Inc. has announced that Stephen J. Glaser, Vice President of Production and Engineering, will retire effective July 31, 2024.