
MGP Ingredients has been seen as a solid business in a challenged US spirits market, so the distiller’s profit warning last week has cast doubt over the company’s prospects, at least in the short term.
The US whiskey and Tequila maker’s cuts to its sales and earnings forecasts have prompted questions about the company’s near-term prospects.
MGP Ingredients has been seen as a solid business in a challenged US spirits market, so the distiller’s profit warning last week has cast doubt over the company’s prospects, at least in the short term.