NasdaqGS:MGPIBeverage
MGP Ingredients (MGPI) Is Down 26.8% After Major Impairment And 2026 Sales Guidance Cut - Has The Bull Case Changed?
MGP Ingredients, Inc. has reported past fourth-quarter 2025 results showing sales of US$138.32 million and a net loss of US$134.63 million, driven largely by a very large US$152.62 million goodwill and intangible asset impairment in its Branded Spirits segment.
For 2025 as a whole, the company moved from net income to a net loss, while simultaneously closing a US$117.17 million common stock shelf registration, maintaining a quarterly dividend of US$0.12 per share, and issuing 2026 sales...