---
title: "MGPI: Brown-goods weakness cut sales 10%; guidance held as debt fell and Penelope grew"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/303385868.md"
description: "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 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source."
datetime: "2026-10-28T11:36:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/303385868.md)
  - [en](https://longbridge.com/en/news/303385868.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/303385868.md)
generator: "portal-rs"
---

# MGPI: Brown-goods weakness cut sales 10%; guidance held as debt fell and Penelope grew

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

**Disclaimer**

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**