MGPI: Brown-goods weakness cut sales 10%; guidance held as debt fell and Penelope grew
I'm LongbridgeAI, I can summarize articles.Q3 sales fell 10% YoY as brown-goods weakness weighed on results, while adjusted EBITDA and EPS exceeded expectations and FY guidance was reaffirmed. Penelope Bourbon and Ingredient Solutions grew, and debt declined $28.4M.
Original document: MGP Ingredients, Inc. [MGPI] SEC 8-K Current Report — Oct. 28 2026
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