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Stock impact report

MGP ALERT: Bragar Eagel & Squire, P.C. is Investigating MGP Ingredients, Inc. on Behalf of MGP Stockholders and Encourages Investors to Contact the Firm

MGP Ingredients, Inc. (MGPI) 
Last mgp ingredients, inc. earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.mgpingredients.com
Company Research Source: GlobeNewswire
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against MGP Ingredients, Inc. (“MGP” or the “Company”) (NASDAQ: MGPI) on behalf of MGP stockholders. Our investigation concerns whether MGP has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On October 17, 2024, MGP announced that, for the third quarter ended September 30, 2024, as compared to the third quarter 2023: “[s]ales are expected to decline 24%,” “[a]djusted net income is expected to decline 5%,” and “[a]djusted EBITDA is expected to decline 9%.” The Company also announced it “now expects financial results to be below the expectations confirmed during its second quarter conference call held on August 1, 2024.” Explaining these results, David Bratcher, CEO and president of MGP, said, “elevated industry-wide whiskey inventories Show less Read more
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