MGP Ingredients, Inc. (MGPI) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.460 Good morning and welcome to the MGP Ingredients First Quarter 2026 Earnings Conference 00:00:05.460 -- 00:00:10.708 Call with Julie Francis, President and CEO, and Brandon Gall, CFO. 00:00:10.708 -- 00:00:13.212 All participants will be in listen-only mode. 00:00:13.212 -- 00:00:16.798 Should you need assistance, please signal a conference specialist by pressing the star 00:00:16.798 -- 00:00:21.646 key followed by zero. After today's presentation, there will be an opportunity to ask 00:00:21.646 -- 00:00:26.395 questions. To ask a question, you may press star then 1 on a touchtone phone. 00:00:26.395 -- 00:00:29.120 To withdraw your question, please press star then 2. 00:00:29.120 -- 00:00:31.986 Please also note that this event is being recorded today. 00:00:31.986 -- 00:00:35.452 In addition, this call may involve certain forward-looking statements. 00:00:35.452 -- 00:00:40.719 The company's actual results could differ materially from any forward-looking statements 00:00:40.719 -- 00:00:45.405 due to a number of factors, including the risk factors described in the company's annual 00:00:45.405 -- 00:00:50.592 and quarterly reports filed with the SEC. The company assumes no obligation to update 00:00:50.592 -- 00:00:55.482 any forward-looking statements made during the call except as required by law. 00:00:55.482 -- 00:01:00.609 This call will contain references to certain non-GAAP measures, which the company believes 00:01:00.609 -- 00:01:04.094 are useful in evaluating the company's performance. 00:01:04.094 -- 00:01:09.341 A reconciliation of these measures to the most comparable GAAP measures is included in 00:01:09.341 -- 00:01:13.947 today's earnings release, which was issued this morning before the markets opened and 00:01...