财务业绩 - 2024年第二季度销售额为1.91亿美元，同比下降9%[118] - 2024年第二季度毛利润为8,323万美元，同比增长9%[119] - 2024年第二季度广告和促销费用为1,167万美元，同比增加35%[120] - 2024年第二季度销售、一般及管理费用为2,276万美元，同比下降3%[121] - 2024年第二季度营业利润为4,339万美元，同比下降2%[122][123] - 2024年第二季度净利润为3,202万美元，与上年同期持平[126][127] - 2024年上半年销售额为3.61亿美元，同比下降12%[132] - 2024年上半年毛利润为1.46亿美元，与上年同期持平[133] - 2024年上半年广告和促销费用为2,035万美元，同比增加24%[134] - 2024年上半年营业利润为7,230万美元，同比下降16%[136][137] 业务表现 - 总销售额下降23%，主要由于白酒和其他副产品销量下降[152,157] - 毛利增加7%，毛利率提升11.8个百分点，主要由于阿特奇逊蒸馏厂关闭对白酒和其他副产品毛利的正面影响[154,158] - 棕色酒类销量增加15%，但净价格/组合下降15%[153] - 仓储服务销售增加20%[152,157] - 品牌酒类销售增加11%，主要由于高端酒类销量增加29%[159,164] - 品牌酒类毛利增加29%，毛利率提升7.4个百分点，主要由于收购Penelope以及某些龙舌兰酒品牌销量增加[163,165] - 2024财年上半年Branded Spirits总销售额保持与去年同期持平[171] - 2024财年上半年Branded Spirits毛利增加5,569万美元,毛利率从44.2%提升至49.2%[172] - 2024年第二季度Ingredient Solutions总销售额下降3%,主要受到商品小麦淀粉和特种小麦蛋白销量及价格下降的影响[178] - 2024财年上半年Ingredient Solutions总销售额增加5%,主要受到特种小麦淀粉销量增加的影响[185] - 2024财年上半年Ingredient Solutions毛利下降44%,毛利率从36.4%下降至19.3%,主要受到原料成本上升的影响[186] 现金流和资本支出 - 2024财年上半年经营活动产生的现金流为29,582万美元,较上年同期增加9,426万美元[191] - 2024财年上半年投资活动使用现金33,657万美元,较上年同期减少101,932万美元[189] - 2024财年上半年筹资活动产生现金6,721万美元,较上年同期减少82,741万美元[189] - 截至2024年6月30日的投资活动中使用的现金为3.3657亿美元，主要用于添置3.3397亿美元的不动产、厂房和设备[193] - 预计2024年资本支出为8.58亿美元，包括用于设施改善和扩张、设施维护项目以及环境健康和安全项目[194] - 截至2024年6月30日的融资活动中获得的现金为6.721亿美元，主要来自于2.18亿美元的债务净收益[195] 股东回报 - 公司于2024年2月29日宣布董事会批准了一项1亿美元的股票回购计划，截至2024年6月30日已回购9.2447万股[199] - 公司于2024年8月1日宣布向普通股股东和限制性股票单位持有人派发每股0.12美元的股息[204] 风险管理 - 公司面临商品价格和利率市场风险，通过谈判提前锁定原材料价格和利率来管理这些风险[210][211][212]

财务表现 - 第二季度销售额为1.908亿美元，同比下降9%。但剔除阿奇逊蒸馏厂关闭的影响后，合并销售额增长7%[4] - 净利润基本持平在3200万美元。调整后净利润增长15%至3800万美元，净利润率增加150个基点至16.8%[5] - 调整后EBITDA增长7%至5750万美元，调整后EBITDA利润率增加450个基点至30.2%[6] - 调整后每股收益增长15%至1.71美元[7] - 预计全年销售额为7.42亿美元至7.56亿美元，调整后EBITDA为2.18亿美元至2.22亿美元，调整后每股收益为6.12美元至6.23美元[9] 业务表现 - 品牌酒类业务销售额增长11%至6400万美元，毛利率增加7.4个百分点至52.5%[12] - 广告和促销费用增加35%至1170万美元[14] - 酒精解决方案业务中白酒和其他副产品销售额下降3,090.2万美元，下降84%[107] - 配料解决方案业务毛利润下降160.2万美元，下降14%[110] 财务状况 - 公司长期债务减少21,987千美元[59] - 公司现金流量表显示经营活动产生的净现金流入为29,582千美元[59] - 公司调整后非GAAP净收益为38,035千美元,每股收益为1.71美元[64] - 公司调整后非GAAP营业收入为51,305千美元[64] - 公司调整后非GAAP息税折旧摊销前利润(EBITDA)为57,532千美元[80] - 公司调整后非GAAP息税前利润(EBIT)为50,043千美元[64] - 第二季度总债务为3.094亿美元，现金及现金等价物为2.101亿美元，净债务为2.884亿美元[85] - 净债务杠杆比率为1.4[86] - 公司调整后EBITDA为2.059亿美元[86] - 公司发行的2.013亿美元可转换票据的转换价格为96.23620美元/股[90] 非经常性项目 - 公司本期计提了9,500千美元的或有对价公允价值变动[75] - 公司本期发生1,639千美元的非经常性费用[78] - 公司本期发生1,218千美元的高管过渡费用[77] - 公司本期发生86千美元的并购交易费用[76] 其他 - 公司于2023年12月关闭了位于堪萨斯州阿奇逊的酒厂[105] - 第二季度总销售额为1.908亿美元，较上年同期下降0.02%[103] - 第二季度综合毛利率为43.7%，较上年同期上升0.1个百分点[103]

ATCHISON, Kan., Aug. 01, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (NASDAQ:MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock. The dividend is payable on August 30, 2024 to stockholders of record as of August 16, 2024. About MGP Ingredients, Inc. MGP Ingredients, Inc. (NASDAQ:MGPI) is a leading producer of premium branded and distilled spir ...

Ninth annual release is extra aged and marks the distiller's first-ever Limited Edition double finished in brandy and cognac casksST. LOUIS, July 29, 2024 /PRNewswire/ -- Limestone Branch Distillery announces the annual release of Yellowstone Bourbon Limited Edition Kentucky Straight Bourbon Whiskey. Created by Limestone Branch Distillery Master Distiller Stephen Beam, the 2024 expression is extra aged, featuring 7-year and 17-year aged bourbons and Beam's first double finish in French brandy and cognac cas ...

The collector's release features a medley of three mash bills, inspired by Ruth's legendary #3, along with a total of 10,624 bottles available, one for each of his plate appearancesST. LOUIS, June 25, 2024 /PRNewswire/ -- The Bambino meets the Bootlegger. Remus Bourbon is proud to announce an official partnership with the estate of Babe Ruth that has culminated in the release of Remus Babe Ruth Reserve – a blend of three high-rye bourbons aged for six-to-seven years and offered at 111 proof (55.5% ABV). A l ...

ATCHISON, Kan., June 10, 2024 /PRNewswire/ -- MGP Ingredients, Inc., (MGPI: Nasdaq), a leading provider of branded and distilled spirits as well as food ingredient solutions, is pleased to announce the hiring of David Colyott as its Executive Vice President of Operations. He will succeed Steve Glaser, who is retiring in July 2024 after 13 years with MGP. Colyott brings over 30 years of experience in leading diverse and complex supply chain operations across the consumer packaged goods industry. He most rece ...

Highly-anticipated award-winning annual release delivers a rich and rebellious flavorST. LOUIS, June 3, 2024 /PRNewswire/ -- Lux Row Distillers® announced the introduction of Rebel® 10-Year Single Barrel Bourbon, meticulously aged and hand bottled independently at 100 proof (50% ABV) for a unique flavor profile specific to each batch. The annual release will be available in a limited allocation later this month at a suggested retail price of $99.99 per 750mL bottle.Lux Row Distillers announced the introduct ...

Enhanced barrel programs for Remus Bourbon and Rossville Rye showcase the depth and breadth of the distillery's collection of high-rye bourbon and rye whiskeyST. LOUIS, May 29, 2024 /PRNewswire/ -- The historic Lawrenceburg, Indiana-based Ross & Squibb Distillery announced enhancements to its Remus Straight Bourbon Whiskey and Rossville Union Straight Rye Whiskey Single Barrel programs for 2024. The distillery is offering unique kits for each brand with the option to experience a private, guided tasting of ...

ATCHISON, Kan., May 20, 2024 /PRNewswire/ -- MGP Ingredients, Inc., (Nasdaq: MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, is pleased to announce the hiring of Amit Sharma as its Vice President of Investor Relations. This strategic addition to our leadership team underscores our commitment to enhancing communication with our investors and stakeholders, and to strengthening our overall investor relations strategy. Sharma brings over 18 years of experience in ...

ATCHISON, Kan., May 06, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc., (MGPI: Nasdaq), a leading producer of branded and distilled spirits as well as food ingredient solutions, has named Paul Lux as Vice President of Sales for the Distilling Solutions segment, effective today. Lux will work closely with Amel Pasagic, Chief Commercial Officer, on the continued execution of MGP's strategy for the Distilling Solutions segment. "Paul knows how we operate, both from his time as part of the Luxco leadership team ...