Middleby (NASDAQ: MIDD)
Middleby Return vs. S&P
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Middleby Company Info
The Middleby Corp. engages in the design, manufacture, marketing, and distribution of foodservice equipment. It operates through the following segments: Commercial Foodservice Equipment Group, Food Processing Equipment Group, Residential Kitchen Equipment Group, and Corporate and Other. The Commercial Foodservice Equipment Group segment manufactures, sells, and distributes foodservice equipment for the restaurant and institutional kitchen industry. The Food Processing Equipment Group segment manufactures preparation, cooking, packaging, food handling, and food safety equipment for the food processing industry. The Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment such as cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation, and outdoor equipment for the residential market. The Corporate and Other segment refers to the corporate and other general company assets and operations. The company was founded in 1888 and is headquartered in Elgin, IL.
News & Analysis
Middleby: Strong EPS Amid Sales Decline
Middleby continues to showcase strong profitability, even amid declining net sales and challenging conditions in key segments.
Why Shares of Middleby Slumped This Week
Investors were unimpressed by the company's first-quarter earnings.
Why Middleby Stock Is Cooking With Gas Today
The food service and kitchen equipment leader posted analyst-stumping results in the fourth quarter of 2020.
Why Middleby Stock Just Shot Up 16%
Sales and profits slipped -- but not as badly as feared.
How Middleby Stock Gained 18% in August
The maker of professional-grade ovens and kitchen ventilation systems crushed Wall Street's second-quarter expectations.
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Why Middleby Stock Just Popped 12%
Q2 was a hit to sales and earnings, but Middleby is growing again.
Why Middleby Shares Jumped 10% Today
The leading maker of restaurant-grade ovens, deep fryers, and ventilation systems rose on the wings of a bullish analyst report.
Valuation
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