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

By Public Technologies
  • 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.


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