MGP Ingredients, Inc (NASDAQ:MGPI) Q2 2024 Results Conference Call August 1, 2024 10:00 AM ET

Company Participants

Amit Sharma - Vice President, Investor Relations
David Bratcher - Chief Executive Officer & President
Brandon Gall - Vice President of Finance & Chief Financial Officer

Conference Call Participants

Seamus Cassidy - TD Cowen
Bill Chappel - Truist Securities
Marc Torrente - Wells Fargo
Ben Klieve - Lake Street Capital Markets
Mitchell Pinheiro - Sturdivant & Co
Sean McGowan - ROTH MKM

Operator

Good day, and welcome to the MGP Ingredients Second Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to Amit Sharma, VP of Investor Relations. Please go ahead.

Amit Sharma

Thank you. I'm Amit Sharma, Vice President of Investor Relations. And joining me are members of the management team, including David Bratcher, Chief Executive Officer and President; and Brandon Gall, Chief Financial Officer. We will begin the call with management's prepared remarks and then open the call to questions.

As a reminder, this call may include certain forward-looking statements. The company's actual results could differ materially from any forward-looking statements made today due to the number of factors, including the risk factors described in the company's most recent annual report filed with the SEC. The company assumes no obligation to update any forward-looking statements made during the call, except as required by the law.

Additionally, this call will contain references to certain non-GAAP measures, which we believe are useful in evaluating the company's performance. A reconciliation of these measures to the most directly comparable GAAP measures is included in today's earnings release. The press release is available on MGPI's website at www.mgpingredients.com. This call is being webcast, and a replay will be available on our website.

With that, I would like to turn the call over to MGP's Chief Executive Officer and President, David Bratcher. David?

David Bratcher

Thank you, Amit. We are excited to have you on board to lead our Investor Relations efforts as we continue to add strong talent throughout our organization, including 2 other recent hires, David Colyott as EVP of Operations; and Paul Lux as VP of Sales for Distilling Solutions.

Good morning, everyone. I will begin with an overview of our second quarter performance and provide updates on key performance metrics and initiatives. I will then turn it over to Brandon to discuss our quarterly results in greater detail. We will wrap up with a discussion of our outlook for the full year before we open it up for questions.