Just a few months ago, we reported that one of the biggest American distilleries, saw a drop in sales of nearly 25 percent. While that was bad for the company, it also was in line with much of the other reporting out there detailing the slowdown that is currently affecting the whiskey industry. Well, some more bad news arrived late last week for in terms of reduced sales and income, but the company is trying to put as good a spin on the situation as it can.

According to a issued by MGP on October 29, the third quarter of 2025 was bleak compared to that of the prior year. Consolidated sales decreased by 19 percent to $130.9 million, consolidated gross profit dropped by 25 percent to $49.4 million, net income fell by 35 percent to $15.4 million, and EBITDA (earnings before interest, taxes,

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