MGP Ingredients (MGPI) Tops Q1 EPS by 74c, Offers Guidance

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Go back to MGP Ingredients (MGPI) Tops Q1 EPS by 74c, Offers Guidance

Ingredients Reports Record First Quarter 2022 Results

May 5, 2022 7:30 AM EDT

Consolidated sales increased 80.2% from prior year period Operating income increased 144.3%

ATCHISON, Kan., May 05, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the first quarter ended March 31, 2022.

2022 first quarter consolidated results compared to 2021 first quarter Sales increased 80.2% to $195.2 million, as a result of sales growth in each of the reporting... More