RADNOR, Pa. , Oct. 23, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of MGP Ingredients, Inc. (NASDAQ: MGPI) ("MGP Ingredients").On October 17, 2024, MGP Ingredients revised its full year 2024 guidance and released its preliminary financial results for the third quarter ended September 30, 2024. In the results, MGP Ingredients revealed that the company expects declin ...

文章核心观点 - MGP Ingredients公司发布了2024年第三季度的初步财务业绩,预计销售额、调整后净收入和调整后EBITDA将较2023年第三季度有所下降 [1] - 公司股价在此消息公布后下跌 [1] 公司概况 - MGP Ingredients是一家上市公司,股票代码为MGPI [1] 财务业绩 - 公司预计2024年第三季度销售额、调整后净收入和调整后EBITDA将较2023年第三季度有所下降 [1] - 公司已经发布了2024年全年业绩预期的修订 [1] 股价表现 - 公司股价在此消息公布后下跌 [1] 投资者诉讼 - 律师事务所Holzer & Holzer正在调查公司是否遵守了联邦证券法 [1] - 如果投资者在购买公司股票后遭受损失,可以联系律师事务所了解自己的法律权利 [1][2]

A downtrend has been apparent in MGP (MGPI) lately with too much selling pressure. The stock has declined 26.2% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spottin ...

Investors interested in Beverages - Alcohol stocks are likely familiar with MGP (MGPI) and Diageo (DEO) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while ...

Exclusively for the holiday season, the special giftpack includes three award-winning Yellowstone Bourbon varieties ST. LOUIS, Oct. 15, 2024 /PRNewswire/ -- Yellowstone Bourbon announced it will release the 2024 Bourbon Giftpack this month. The Giftpack showcases three award-winning innovations from the Yellowstone Bourbon family: Yellowstone Select, Yellowstone Special Finishes Collection Toasted and Yellowstone Special Finishes Collection Rum Cask. Yellowstone Bourbon announced it will release the 2024 Bo ...

Investors interested in Food - Miscellaneous stocks are likely familiar with MGP (MGPI) and Mondelez (MDLZ) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highligh ...

Highly collectible bourbons will be available in September ST. LOUIS, Aug. 15, 2024 /PRNewswire/ -- Three is a magic number – especially when it involves a trilogy of sought-after bourbons. Lux Row Distillers announced the release of Blood Oath Trilogy – Third Edition, the latest collection of limited-release bourbons, or "Pacts," created by Lux Row Master Distiller John Rempe. Featuring 750mL bottles of Pacts 7, 8 and 9, this latest Trilogy has a limited supply of 1,400 sets and is available at a minimum s ...

The eighth-annual release in the award-winning, limited-edition series features a medley of three high-rye bourbons aged between 10 and 17 years ST. LOUIS, Aug. 12, 2024 /PRNewswire/ -- The Lawrenceburg, Indiana-based Ross & Squibb Distillery once again pays homage to its Prohibition legacy with the highly anticipated Remus Repeal Reserve Series VIII Straight Bourbon Whiskey. Bottled at 101 proof (50.5% ABV), Remus Repeal Reserve Series VIII features a medley of three rare bourbons aged between 10 and 17 ye ...

财务数据和关键指标变化 - 第二季度合并销售额下降9%至1.908亿美元,主要由于阿奇逊蒸馏厂的关闭 [24] - 剔除阿奇逊蒸馏厂的影响,合并销售额增长7%,主要由于酒精饮料业务持续增长和蒸馏解决方案业务的棕色商品销售强劲 [24] - 毛利率达到43.6%,创历史新高,其中酒精饮料业务毛利率超过50% [19][27] - 调整后EBITDA增长7%至5750万美元 [31] - 调整后每股收益增长15%至1.71美元 [31] 各条业务线数据和关键指标变化 蒸馏解决方案 - 销售额下降20%至9340万美元,主要由于阿奇逊蒸馏厂的关闭 [25] - 剔除阿奇逊蒸馏厂的影响,分部销售额增长9%,其中棕色商品销售增长3% [25] - 仓储相关销售增长24%,创历史第二季度新高 [25] - 毛利率提升至45.5% [19] 酒精饮料 - 销售额增长11%,主要由于高端产品组合的强劲表现 [15][26] - 高端产品组合销售占比达48%,远高于2021年全年的30% [15] - 分部毛利率超过50%,创历史新高 [19] 配料解决方案 - 销售额下降3%,主要由于大宗商品销售和特种蛋白销售下降,但特种淀粉销售强劲增长 [18] - 毛利率下降约800个基点,主要由于处理淀粉废料的额外成本 [28] - 但较上一季度毛利率提升400个基点,主要由于特种蛋白销售的环比增长 [28] 各个市场数据和关键指标变化 - 公司正在积极拓展欧洲市场,认为这是一个重大的白色空间和机会 [97][98] - 目前公司在美国市场的分销网络和品牌渗透度仍有很大提升空间 [68][69] 公司战略和发展方向及行业竞争 - 公司继续执行向高端酒精饮料品牌转型的战略,高端产品组合销售占比不断提升 [15][19] - 公司正在积极评估并购机会,但会谨慎选择能提升毛利率的标的 [84][85] - 公司认为美国威士忌等酒类品类长期增长前景依然良好,尽管短期可能出现一些波动 [90][91] 管理层对经营环境和未来前景的评论 - 管理层对公司前景保持乐观,认为公司有独特的蒸馏资产、不断增长的品牌和强大的团队,能够实现长期增长和股东价值创造 [22] - 管理层预计下半年和第四季度的利润和收益增长将更强劲,主要得益于高端品牌势头持续、蒸馏解决方案业务的可见性以及配料解决方案业务的毛利率改善 [42][43][44] 其他重要信息 - 公司在第二季度回购了250万美元的股票,目前尚有9000万美元的股票回购额度 [39] - 董事会宣布派发每股0.12美元的季度股息 [40] - 公司预计2024年全年销售额为7.42-7.56亿美元,调整后EBITDA为2.18-2.22亿美元,调整后每股收益为6.12-6.23美元 [41] 问答环节重要的提问和回答 问题1 **Seamus Cassidy 提问** 棕色商品销量大幅增长,但价格/组合却下降18%,这主要反映了新酒精液增加的影响还是其他因素? [48] **Brandon Gall 回答** 销量增长主要由新酒精液带动,价格/组合下降是由于新酒精液的销售占比提高所致,但新酒精液的定价仍有所上涨 [50][51] 问题2 **Bill Chappell 提问** 对2025年的蒸馏解决方案业务前景是否有任何担忧,尤其是一些大型客户可能会更加谨慎? [53] **David Bratcher 回答** 公司对新酒精液业务前景保持乐观,因为这部分业务有长期合同支撑,公司会继续与客户保持密切沟通 [54][55] 问题3 **Marc Torrente 提问** 未来随着向新酒精液和品牌战略转型,公司的自由现金流转换能力有何展望? [73][74][75][76][77] **Brandon Gall 回答** 随着资本支出和存货投入的下降,公司未来自由现金流有望大幅改善,这将为投资者带来更多回报

MGP (MGPI) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.49 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.04%. A quarter ago, it was expected that this producer of distillery and ingredients products used by the packaged goods industry would post earnings of $1 per share when it actually produced earnings of $1.07, delivering a ...