MGP Ingredients (MGPI) Tops Q2 EPS by 6c
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MGP Ingredients Reports Second Quarter 2020 Results
July 30, 2020 7:31 AM EDTOperating income increased 4.3% from prior year period; Adjusted operating income up 11.5%
ATCHISON, Kan, July 30, 2020 (GLOBE NEWSWIRE) -- MGPÂ Ingredients, Inc. (Nasdaq: MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches, today reported results for the second quarter ended June 30, 2020.
2020 second quarter results compared to 2019 second quarter results
Consolidated sales increased 2.3% to $92.6 million, reflecting a 1.6% increase in the Distillery Products segment and a 5.4% increase in the Ingredient Solutions segment.Consolidated gross profit increased... More