财务数据和关键指标变化 - 第一季度合并销售额下降15%至1.706亿美元,主要由于阿特奇逊蒸馏厂的关闭 [17] - 剔除阿特奇逊蒸馏厂的影响,合并销售额与上年同期持平 [17] - 毛利润下降10%至6280万美元,毛利率为36.8% [18] - 剔除阿特奇逊蒸馏厂的影响,毛利率为37.3% [18] - 营业利润下降30%至2890万美元,调整后营业利润下降19%至3360万美元 [20] - 净利润下降34%至2060万美元,调整后净利润下降22%至2420万美元 [20] - 每股基本和稀释收益分别下降至0.92美元和0.92美元,调整后每股基本和稀释收益分别下降至1.07美元 [20] - 调整后EBITDA下降17%至4020万美元 [21] 各条业务线数据和关键指标变化 蒸馏解决方案 - 第一季度分部毛利率创纪录,主要由于阿特奇逊蒸馏厂的关闭 [10] - 2024年大部分棕色商品销量已经承诺 [10] - 预计后3个季度利润将强于第一季度,因为客户需求时间的差异以及巴斯敦肯塔基州蒸馏厂扩建项目在4月投产 [10] 品牌烈酒 - 高端Plus系列销售占比从上年同期的33%提升至42% [11] - 单桶高端Plus系列销量由于季节性因素有所下降,但毛利率仍扩大至44.9% [12] - 通过扩大高端Plus品牌组合,特别是龙舌兰酒和美式威士忌品牌,继续增加销售网点 [13] - 与Richard Childress Racing赞助Revelerben品牌,并在旧金山世界烈酒大赛上获得6个双金奖 [13][14] 配料解决方案 - 销售创纪录,主要反映了消费者对高蛋白、低碳水化合物饮食的偏好持续增强 [15] - 新建的Proterra蛋白质设施投入运营,并以拉德·西伯格的名字命名 [16] 各个市场数据和关键指标变化 - 公司在2个新州开始销售品牌烈酒 [13] - 公司正在积极拓展国际市场,特别是美国以外的市场,以增加棕色商品的销量 [73][74] 公司战略和发展方向及行业竞争 - 公司正在向专注于品牌烈酒的公司转型,通过扩大高端Plus品牌组合来增加销售网点和销售速度 [29][28] - 公司将继续评估并购机会,以加速增长并提高产品组合和能力 [22][23] - 公司认为行业内的消费者基本面将在2024年保持良好,尽管需要密切关注通胀等因素的影响 [26] - 公司面临行业内新品牌和SKU激增的挑战,需要不断创新和扩大产品组合以满足消费者需求 [84][85] 管理层对经营环境和未来前景的评论 - 公司对2024年的财务指引保持信心,预计销售额为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 [26][27] - 公司对行业长期健康保持乐观,并对高端Plus品类的持续增长感到鼓舞 [28] - 公司将继续密切关注经销商库存水平、整体美国酒类供给和消费模式以及通胀对消费者的影响 [26] 问答环节重要的提问和回答 问题1 **Gerald Pascarelli 提问** 棕色商品业务在本季度的低单位数下降是否符合预期,未来是否仍将超过行业增长 [33][34] **David Bratcher 和 Brandon Gall 回答** 本季度表现符合预期,公司对未来棕色商品的增长保持乐观,与客户的沟通也没有发现任何变化 [34][35][36] 问题2 **Marc Torrente 提问** 对于2024年全年的财务指引,公司是否更加确定,各季度的业绩预期如何 [43][44][45][46] **Brandon Gall 和 David Bratcher 回答** 公司对全年指引非常确定,各季度的业绩预期与之前的沟通一致,各业务线都有望在下半年表现更好 [44][45][46] 问题3 **Bill Chappell 提问** 品牌烈酒业务在本季度是否受到经销商库存调整的影响,未来是否会有改善 [61][62][63][64] **David Bratcher 和 Brandon Gall 回答** 公司已经稳定了与经销商的库存水平,本季度的下滑主要是由于去年同期的库存调整,未来将有所改善 [62][63][64]

MGP (MGPI) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $1.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7%. A quarter ago, it was expected that this producer of distillery and ingredients products used by the packaged goods industry would post earnings of $1.38 per share when it actually produced earnings of $1.64, delivering a sur ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________________________ to _________________________________ Commission File Number: 0-17196 MGP INGREDIENTS, INC. (Exact name of registrant as specified in ...

MGP INGREDIENTS REPORTS FIRST QUARTER 2024 RESULTS Q1 results in line with expectations; Reiterates annual guidance ATCHISON, Kan., May 2, 2024 - MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits as well as food ingredient solutions, today reported results for the first quarter ended March 31, 2024. 2024 first quarter consolidated results compared to 2023 first quarter: • Due to the Atchison distillery closure, sales decreased 15% to $170.6 million. Excluding the impa ...

产品发布 - Lux Row Master Distiller和Master Blender John Rempe发布了Blood Oath Pact 10 Kentucky Straight Bourbon Whiskey，经过Cabernet Franc和Merlot桶的双重陈酿[1] - Blood Oath Pact 10结合了一些最优质的稀有波旁威士忌，包括两种优质的黑麦波旁威士忌和一种成品波旁威士忌，每种都相互补充[3] - Lux Row每年只发布一个新的Blood Oath Pact，每个限量版都有独特设计的标签，今年的Blood Oath Pact 10瓶身上有黑色标签和银色亮点，每瓶都配有纪念性的木制展示盒[5]

ATCHISON, Kan., April 18, 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 it will hold a conference call/webcast to discuss results for the first quarter ended March 31, 2024, on Thursday, May 2, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Bratcher, CEO and President, and Brandon G ...

MGP Ingredients, Inc. (NASDAQ:MGPI) Q4 2023 Earnings Conference Call February 22, 2024 10:00 AM ET Company Participants Mike Houston - Lambert Global, IR David Bratcher - President & CEO Brandon Gall - VP, Finance & CFO Conference Call Participants Bill Chappell - Truist Securities Marc Torrente - Wells Fargo Gerald Pascarelli - Wedbush Ben Klieve - Lake Street Capital Markets Seamus Cassidy - TD Cowen Mitchell Pinheiro - Sturdivant Sean McGowan - ROTH MKM Operator Good morning, and welcome to the MGP Ingre ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission file number 0-17196 MGP Ingredients, Inc. (Exact N ...

MGP INGREDIENTS REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2023 RESULTS Record full year gross profit increased 20% from prior year period ATCHISON, Kan., February 22, 2024 - MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2023. 2023 fourth quarter consolidated results compared to 2022 fourth quarter • Sales increased 13% to $214.9 million. • Gross pro ...

MGP Ingredients, Inc. (NASDAQ:MGPI) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Mike Houston - Lambert Global, Investor Relations Dave Colo - President and CEO Brandon Gall - Vice President, Finance and CFO Conference Call Participants Marc Torrente - Wells Fargo Gerald Pascarelli - Wedbush Bill Chappell - Truist Securities Vivien Azer - TD Cowen Operator Good morning. And welcome to the MGP Ingredients Third Quarter 2023 Financial Results Conference Call. All particip ...