Key facts
- MGP Ingredients reported a 2% increase in sales for its Ingredient Solutions segment in Q2 2026.
- Four new national customers contributed to the sales growth.
- Improved operational reliability also drove the segment's performance.
- The company reaffirmed its full-year 2026 guidance.
- A quarterly dividend of $0.12 was declared.
MGP Ingredients has reported a 2% rise in sales for its Ingredient Solutions segment during the second quarter of 2026. This growth is primarily attributed to the acquisition of four new national customers and a notable improvement in operational reliability. The company has reaffirmed its financial guidance for the entirety of fiscal year 2026, indicating confidence in its ongoing performance and strategic direction. In addition to the sales performance, MGP Ingredients declared a quarterly dividend of $0.12 per share, signaling a commitment to shareholder returns. The positive results from the Ingredient Solutions segment suggest successful execution of the company's growth strategies and operational enhancements.