MGP Ingredients, Inc.

MGP Ingredients, Inc. Earnings Recaps

MGPI Materials 1 recap
Q3 2025 Oct 29, 2025

MGP Ingredients delivered a strong Q3 2025 performance with robust operating cash flows and an upward revision of full-year profit guidance, despite a 19% decline in consolidated sales primarily due to shifting brand dynamics.

Key takeaways
  • Adjusted EBITDA reached $32 million, exceeding expectations, with adjusted EPS at $0.85.
  • Year-to-date operating cash flows rose 26% to $93 million.
  • Full-year 2025 adjusted EBITDA guidance raised to $110–115 million and adjusted EPS guidance to $2.60–2.75.
  • Strategic initiatives underway include focused brand management and operational efficiency enhancements.
  • Positive momentum noted in the premium plus portfolio, particularly driven by Penelope Bourbon's strong performance.
Full recap