MGP Ingredients (MGPI) Tops Q2 EPS by 68c In Record Quarter
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
MGP Ingredients Reports Record Second Quarter 2021 Results
August 4, 2021 7:30 AM EDTATCHISON, Kan., Aug. 04, 2021 (GLOBE NEWSWIRE) -- MGPÂ Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the second quarter ended June 30, 2021.
2021 second quarter results compared to 2020 second quarter results
Consolidated sales increased 89.0% to $174.9 million, as a result of strong growth in each of the reporting segments.Consolidated gross profit increased 174.5% to $56.8 million, representing 32.5% of consolidated sales, due to record gross profit in each of the reporting segments.Non-GAAP gross profit increased 186.7% to $59.4 million, representing... More