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Tue, 23 Apr 2024 15:00:00 +0000	Lux Row Distillers' Blood Oath Pact 10 Kentucky Straight Bourbon Whiskey arrives at retail in April Lux Row Master Distiller and Master Blender John Rempe marks a decade of distinction – and secrecy – as he renews his annual pact with bourbon drinkers by releasing Blood Oath Pact 10 Kentucky Straight Bourbon Whiskey double finished in Cabernet Franc and Merlot casks. A limited supply of 17,000 (3-in) cases will arrive at retail this month at a suggested price of $129.99 per 750 ml bottle. As with all of Rempe's pacts, Blood Oath Pact 10 is offered at 98.6 proof (49.3% ABV).
Thu, 18 Apr 2024 12:30:00 +0000	MGP Ingredients Schedules First Quarter 2024 Conference Call/Webcast for Thursday, May 2 ATCHISON, Kan., April 18, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of branded and distilled spirits, as well as food ingredient solutions, today announced that it will hold a conference call/webcast to discuss results for the first quarter ended March 31, 2024, on Thursday, May 2, at 10 a.m. ET. The company expects to release its financial results before the market opens that morning. Management on the call will include David Bratcher, CEO and President, a
Fri, 12 Apr 2024 10:59:16 +0000	MGP Ingredients (NASDAQ:MGPI) shareholders YoY returns are lagging the company's 8.3% three-year earnings growth It hasn't been the best quarter for MGP Ingredients, Inc. ( NASDAQ:MGPI ) shareholders, since the share price has...
Wed, 10 Apr 2024 08:46:00 +0000	Q4 Earnings Review: Beverages and Alcohol Stocks Led by Vita Coco (NASDAQ:COCO) As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at beverages and alcohol stocks, starting with Vita Coco (NASDAQ:COCO).
Tue, 09 Apr 2024 14:45:00 +0000	Lux Row Distillers Introduces Ezra Brooks 99 Port Wine Cask Finish Lux Row Distillers announced the latest addition to the Ezra Brooks brand family: Ezra Brooks 99 Port Wine Cask Finish. Finished in port casks from Portugal for six months, Ezra Brooks 99 Port Wine Cask Finish delivers the great spicy ryed bourbon taste and smooth finish Ezra Brooks is known for in its already bold 99 proof bourbon, with additional flavor notes. The new variant will start shipping to retailers later this month at a suggested retail price of $34.99 per 750 ml bottle.
Fri, 05 Apr 2024 09:53:31 +0000	Unpacking Q4 Earnings: MGP Ingredients (NASDAQ:MGPI) In The Context Of Other Beverages and Alcohol Stocks Earnings results often give us a good indication of what direction a company will take in the months ahead. With Q4 now behind us, let’s have a look at MGP Ingredients (NASDAQ:MGPI) and its peers.
Fri, 29 Mar 2024 19:35:59 +0000	20 Most Underrated Bourbons on the Market In this article, we are going to discuss the 20 most underrated Bourbons on the market. You can skip our detailed analysis of the Bourbon industry in Kentucky, the rise of Bourbon tourism, and the recent acquisitions in the Bourbon industry, and go directly to the 5 Most Underrated Bourbons on the Market. While there’s […]
Wed, 27 Mar 2024 09:05:36 +0000	Winners And Losers Of Q4: Keurig Dr Pepper (NASDAQ:KDP) Vs The Rest Of The Beverages and Alcohol Stocks The end of an earnings season can be a great time to assess how companies are handling the current business environment and discover new stocks. Let’s take a look at how Keurig Dr Pepper (NASDAQ:KDP) and the rest of the beverages and alcohol stocks fared in Q4.
Tue, 26 Mar 2024 11:09:25 +0000	Q4 Earnings Highlights: Coca-Cola (NYSE:KO) Vs The Rest Of The Beverages and Alcohol Stocks As beverages and alcohol stocks’ Q4 earnings season wraps, let's dig into this quarter's best and worst performers, including Coca-Cola (NYSE:KO) and its peers.
Tue, 19 Mar 2024 12:24:20 +0000	15 Highest Quality Rice Brands in 2024 In this article, we shall discuss the 15 highest quality rice brands in 2024. To skip our detailed analysis of the global rice and agri-business industries in 2024, go directly and see 5 Highest Quality Rice Brands in 2024. Global Rice Industry Outlook 2024: An Overview As a cereal grain, rice is one of the […]
Mon, 11 Mar 2024 16:26:25 +0000	Shorting the Shorts: 3 Stocks Primed for an Epic Squeeze Danish researchers published a report on the arXiv.org open-access archive for scholarly articles in February about the Jan. 2021 short squeeze of video game retailer GameStop (NYSE:GME). The researchers found that the subreddit community WallStreetBets ‘s(WSB) desire to find and invest in stocks primed for short squeeze had a role in GME’s short squeeze from more than three years ago. “We estimated that the size of the total position of WSB users amounted to at least 1% of GME market capitaliza
Thu, 29 Feb 2024 13:30:00 +0000	MGP Ingredients Announces $100 Million Share Repurchase Program ATCHISON, Kan., Feb. 29, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has approved the repurchase of up to $100.0 million of the Company’s outstanding shares of common stock. “Following another record year and strong results from each of our three business segments in 2023, we are well positioned to implement this additional pillar of shareholder
Wed, 28 Feb 2024 09:57:02 +0000	11 Best Brewery and Distillery Stocks to Buy Now In this article, we are going to discuss the 11 best brewery and distillery stocks to buy now. You can skip our detailed analysis of the global alcohol industry, alcohol as a lucrative investment asset, and investments in Scotch whisky, and go directly to the 5 Best Brewery and Distillery Stocks to Buy Now. The […]
Sat, 24 Feb 2024 14:04:03 +0000	MGP Ingredients, Inc. (NASDAQ:MGPI) Full-Year Results: Here's What Analysts Are Forecasting For This Year There's been a notable change in appetite for MGP Ingredients, Inc. ( NASDAQ:MGPI ) shares in the week since its yearly...
Fri, 23 Feb 2024 16:52:55 +0000	MGP Ingredients, Inc. (NASDAQ:MGPI) Q4 2023 Earnings Call Transcript MGP Ingredients, Inc. (NASDAQ:MGPI) Q4 2023 Earnings Call Transcript February 22, 2024 MGP Ingredients, Inc. beats earnings expectations. Reported EPS is $1.49, expectations were $1.38. MGP Ingredients, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning, and welcome […]
Fri, 23 Feb 2024 06:25:04 +0000	Q4 2023 MGP Ingredients Inc Earnings Call Q4 2023 MGP Ingredients Inc Earnings Call
Thu, 22 Feb 2024 20:38:30 +0000	Why MGP Ingredients (MGPI) Shares Are Trading Lower Today Shares of food and beverage supplier MGP Ingredients (NASDAQGS:MGPI) fell 17.4% in the afternoon session after the company reported fourth-quarter results and provided full-year revenue guidance that fell below analysts' expectations. The weak guidance likely reflects uncertainty regarding the macro picture, with the company highlighting several industry headwinds. Management added that "we continue to monitor the potential impact of inventory levels at distributors, overall American whiskey sup
Thu, 22 Feb 2024 12:54:50 +0000	MGP Ingredients Inc (MGPI) Reports Robust Growth in Q4 and Full Year 2023 Earnings Substantial Increases in Sales and Gross Profit Highlight Strong Year-End Performance
Thu, 22 Feb 2024 12:41:50 +0000	MGP Ingredients's (NASDAQ:MGPI) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations Food and beverage supplier MGP Ingredients (NASDAQGS:MGPI) reported Q4 FY2023 results topping analysts' expectations, with revenue up 12.5% year on year to $214.9 million. On the other hand, the company's full-year revenue guidance of $749 million at the midpoint came in 4.9% below analysts' estimates. It made a non-GAAP profit of $1.64 per share, improving from its profit of $1.01 per share in the same quarter last year.
Thu, 22 Feb 2024 12:30:00 +0000	MGP Ingredients Reports Strong Fourth Quarter and Full Year 2023 Results Record full year gross profit increased 20% from prior year periodATCHISON, Kan., Feb. 22, 2024 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq:MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today reported results for the fourth quarter and full year ended December 31, 2023. 2023 fourth quarter consolidated results compared to 2022 fourth quarter Sales increased 13% to $214.9 million.Gross profit increased 35% to $85.1 million, representing 39.6