RADNOR, Pa. , Oct. 23, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of MGP Ingredients, Inc. (NASDAQ: MGPI) ("MGP Ingredients").
On October 17, 2024, MGP Ingredients revised its full year 2024 guidance and released its preliminary financial results for the third quarter ended September 30, 2024. In the results, MGP Ingredients revealed that the company expects declines in sales, adjusted net income, and adjusted EBITDA compared to the third quarter of 2023, and that the company "now expects financial results to be below the expectations confirmed during its second quarter conference call held on August 1, 2024."
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