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Summary MGP Ingredients continues to fare well fundamentally, growing on both its top and bottom lines. This is great for shareholders and the stock has responded in-kind, rising materially compared to the market. But this does not change my stance that the firm should not out...
Summary Since March 2020, MGP Ingredients' stock has been on a tear. The company outperforms again, beating on revenue and EPS, but may not be enough when considering its lofty share price. Each segment has maintained momentum, but the huge run in its share price draws concern...
Summary Two new Breakout Stocks for Week 45 with better than 10% short-term upside potential and a Dow 30 Pick. Average cumulative returns now down to +109.9% YTD. This week one stock gained 10% in less than a week with EPM +10.6% and GWH +7.6% while ENVX missed Q3 earnings for a ...
MGP Ingredients press release ( NASDAQ: MGPI ): Q3 Non-GAAP EPS of $1.06 beats by $0.11 . Revenue of $201.2M (+13.9% Y/Y) beats by $10.39M . MGP is revising upward its previous consolidated guidance for fiscal 2022: Sales are projected to be in the ra...
Consolidated sales increased 14% from prior year period Continued strength across each business segment ATCHISON, Kan., Nov. 03, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI) , a leading provider of distilled spirits, branded spirits, and food ingredien...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Everyone defines “boring stocks” differently, and everyone has their own ideas about criteria for the best boring stocks. For example, I consider Mexican cement producer Cemex to be an incredibl...
ATCHISON, Kan., Oct. 20, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the third quarter ended...
Summary Boston Beer Company is due to report financial results for the third quarter of its 2022 fiscal year on October 18th. Analysts expect financial results to be better than they were last year, but the company has been subjected to significant volatility as of late. Overa...
MGP Ingredients ( NASDAQ: MGPI ) fell 3.6% after a new short report from Spruce Point, which sees the potential for 55% downside to the shares for the producer and distributor of distilled and branded spirits. Spruce Point argues that MGPI's 2021 merger with Luxco ...
ATCHISON, Kan., Oct. 03, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc., (MGPI: Nasdaq), a leading producer of distilled spirits, branded spirits and food ingredient solutions, has named Matt Krusemark to succeed David Dykstra as Vice President of Sales for the Distilling Solutions segment....
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Limestone Branch Distillery announces 2024 Yellowstone Bourbon Limited Edition Kentucky Straight Bourbon Whiskey PR Newswire Ninth annual release is extra aged and marks the distiller's first-ever Limited Edition double finished in brandy and cognac casks ST. LOUIS ...
ATCHISON, Kan., July 18, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, today announced that it will report results for the second quarter ended June 30, 2024, on Thursday, August 1, at 10 a...
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