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MGP Ingredients Q2 Earnings Call Highlights
['Tyrone Williams']
Daily Political
Excluding that category, Branded Spirits sales rose 3% from a year earlier, according to Francis.
Yellowstone sales increased 54%, aided by limited-time releases, increased marketing investment and revenue-growth-management initiatives.
The premium-plus portfolio increased off-premise distribution by 14% and on-premise distribution by 10% sequentially among those customers.
Those brands represented approximately 1% of Branded Spirits sales, Francis clarified during the question-and-answer session.
About MGP Ingredients (NASDAQ:MGPI)MGP Ingredients, Inc (NASDAQ: MGPI) is a leading producer of distilled spirits and specialty ingredient solutions for the food, beverage and consumer products industries.