MGP Ingredients reaffirms 2026 adjusted EBITDA forecast of $90 million to $98 million

• MGP Ingredients reaffirmed full-year 2026 sales guidance of $480 million to $500 million on October 28.
• Adjusted EBITDA is forecast at $90 million to $98 million, with adjusted basic EPS of $1.50 to $1.80.
• Capital spending is projected at about $20 million.
• Third-quarter adjusted EBITDA fell 33% to $21.5 million; adjusted EPS declined 54% to $0.39, both ahead of expectations.
• Quarterly sales dropped 10% to $117.9 million as Distilling Solutions sales declined 29%; the industry outlook remains challenging.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGP Ingredients Inc. published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.