MGP Ingredients, Inc. (NASDAQ:MGPI) Q3 2024 Earnings Conference Call October 31, 2024 10:00 AM ET

Company Participants

Amit Sharma - VP, IR
David Bratcher - CEO & President
Brandon Gall - VP, Finance & CFO

Conference Call Participants

Bill Chappell - Truist Securities
Robert Moskow - TD Cowen
Marc Torrente - Wells Fargo
Ben Klieve - Lake Street
Sean McGowan - ROTH Capital Markets
Mitch Pinheiro - Sturdivant

Operator

Good morning, and welcome to the MGP Ingredients Third 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, Vice President 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, Vice President of Finance and Chief Financial Officer. We'll begin the call with management's prepared remarks and then open the call to questions.

However, before we begin today's call, it is my responsibility to inform you that this call may involve certain forward-looking statements. The company's actual results could differ materially from any forward-looking statements made today due to a number of factors, including risk factors described in the company's most recent annual report filed with the Securities and Exchange Commission. The company assumes no obligation to update any forward-looking statements made during the call, except as required by law.

Additionally, this call will contain reference 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. If anyone does not already have a copy of the earnings release issued by MGP today, you can access it at our website at www.mgpingredients.com.

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

David Bratcher

Thank you, Amit. Good morning, everyone. I would like to begin with an overview of our third quarter performance and provide updates on key initiatives. I will then turn it over to Brandon to discuss our quarterly results in greater detail. Lastly, we will wrap up with discussions for our outlook for the full year as well as brief comments on 2025, before opening it up for your questions.