MGP Ingredients (MGPI) Tops Q2 EPS by 21c

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MGP Ingredients Reports Strong Second Quarter 2022 Results

August 4, 2022 7:30 AM EDT

Consolidated sales increased 11% from prior year periodOperating income increased 28%

ATCHISON, Kan., Aug. 04, 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 second quarter ended June 30, 2022.

2022 second quarter consolidated results compared to 2021 second quarter Sales increased 11% to $195.0 million, as a result of sales growth in the Distilling Solutions and Ingredient Solutions segments.Gross... More