Middleby Corp (OQ:MIDD)

Business Focus: Appliances, Tools & Housewares

Aug 07, 2019 08:00 am ET
Robert A. Nerbonne Named to the Middleby Board of Directors
The Middleby Corporation (NASDAQ: MIDD) today announced the addition of Robert A. Nerbonne to the Middleby Corporation Board of Directors. Mr. Nerbonne brings more than 35 years of strategic business expertise to Middleby, including experience in top leadership positions with companies in the commercial foodservice equipment industry.
Aug 07, 2019 07:00 am ET
The Middleby Corporation Reports Second Quarter Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the second quarter ended June 29, 2019. Net earnings for the second quarter were $92.2 million or $1.66 diluted earnings per share on net sales of $761.0 million as compared to the prior year second quarter net earnings of $84.0 million or $1.51 diluted earnings per share on net sales of $668.1 million. Net earnings in the current and prior year second quarter were negatively impacte
Jul 29, 2019 06:00 pm ET
Middleby Schedules Second Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2019 second quarter earnings on Wednesday, August 7 before the market opens. The company has scheduled a conference call to discuss the results at 9 a.m. Eastern/8 a.m. Central on Wednesday, August 7. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 4864136#. The conference call is also accessible through the Investor Relations section of the company website at
Jul 16, 2019 08:00 am ET
Middleby Announces the Acquisition of Packaging Progressions, Inc.
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Packaging Progressions, Inc. (Pacproinc). Based in Souderton, Pa., the company has $30 million in annual revenues.
Jun 17, 2019 08:00 am ET
Middleby Acquires Ss Brewtech
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Ss Brewtech, a market leader in professional craft brewing and beverage equipment. Founded in 2013, the company has $20 million in annual revenues.
May 08, 2019 07:00 am ET
The Middleby Corporation Reports First Quarter Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the first quarter ended March 30, 2019. Net earnings for the first quarter were $69.0 million or $1.24 diluted earnings per share on net sales of $686.8 million as compared to the prior year first quarter net earnings of $65.4 million or $1.18 diluted earnings per share on net sales of $584.8 million. Net earnings in the current
Apr 29, 2019 04:30 pm ET
Middleby Schedules First Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2019 first quarter earnings on Wednesday, May 8 before the market opens. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central on Wednesday, May 8. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 6871299#. The conference call is also accessible through the Investor Relations section of the company website at
Apr 01, 2019 08:30 pm ET
Middleby Acquires Powerhouse Dynamics, Inc.
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Powerhouse Dynamics, Inc., a leader in cloud-based IoT solutions for the foodservice industry. Powerhouse pioneered the introduction of automated IoT solutions into the restaurant industry via their leading and proven SiteSage platform, used by many major restaurant, convenience store, and retail brands. The SiteSage platform connects, monitors, analyzes, and controls the restaurant equipment footprint allowing operators to automate their facility to realize energy saving
Apr 01, 2019 07:20 pm ET
The Middleby Corporation Completes Acquisition of Standex Cooking Solutions Group
The Middleby Corporation (NASDAQ: MIDD) today announced that it has completed the acquisition from Standex International Corporation (NYSE: SXI) of its Cooking Solutions Group.
Mar 05, 2019 07:00 am ET
Report: Exploring Fundamental Drivers Behind Performance Food Group, The Middleby, Best Buy Co., Owens Corning, Houghton Mifflin Harcourt, and Choice Hotels International — New Horizons, Emerging Tren
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Performance Food Group Company (NYSE:PFGC), The Middleby Corporation...
Feb 27, 2019 04:15 pm ET
Middleby Corporation To Acquire Standex Cooking Solutions Group
The Middleby Corporation (NASDAQ: MIDD) today announced that it has entered into a definitive agreement to acquire from Standex International Corporation (NYSE: SXI) its Cooking Solutions Group, which consists of the well-known brands APW Wyott®, Bakers Pride®, BKI® and Ultrafryer®. In 2018, the Standex Cooking Solutions Group had revenues of approximately $100 million. The transaction completion is subject to customary closing conditions.
Feb 27, 2019 07:00 am ET
The Middleby Corporation Reports Fourth Quarter and Full Year Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the fourth quarter and full fiscal year ended December 29, 2018. Net earnings for the fourth quarter were $94.8 million or $1.70 diluted earnings per share on net sales of $756.7 million as compared to the prior year fourth quarter net earnings of $75.2 million or $1.35 diluted earnings per share on net sales of $632.9 million.
Feb 25, 2019 08:00 pm ET
Middleby Schedules Fourth Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2018 fourth quarter earnings on Wednesday, February 27 before market open. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central on Wednesday, February 27. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 6294084#. The conference call is also accessible through the Investor Relations section of the company website at
Feb 19, 2019 07:30 am ET
The Middleby Corporation Announces Bassoul Retirement, FitzGerald Named CEO
The Middleby Corporation (NASDAQ: MIDD) (“Middleby” or “the company”) today announced Selim Bassoul is retiring from his role as Chairman, President and Chief Executive Officer. Timothy FitzGerald has been named Chief Executive Officer and a member of the Board of Directors. Mr. FitzGerald has been instrumental in the development and execution of the company strategy since joining in 1998 and having served as Chief Financial Officer since 2003. These changes are effective as of February 16, 2019.
Dec 31, 2018 08:00 pm ET
Middleby Acquires EVO America
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of EVO America, Inc., a leading design and manufacturer of ventless cooking equipment for the commercial foodservice industry. The company is based near Portland, Oregon and has approximately $8 million in annual revenues.
Dec 03, 2018 09:00 am ET
Middleby Acquires Crown Food Service Equipment
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of Crown Food Service Equipment, Ltd., a leading design and manufacturer of steam cooking equipment for the commercial foodservice industry. The Toronto, Canada based company was founded by the late Mr. Josef Stritzl nearly forty years ago and has approximately $20 million in annual revenues.
Nov 29, 2018 07:20 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within The Middleby, Just Energy Group, Global Payments, VAREX IMAGING, ABIOMED, and SolarEdge Technologies — New Research Emphasizes Econo
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Middleby Corporation (NASDAQ:MIDD), Just Energy Group, Inc. (NYSE:JE),...
Nov 07, 2018 07:00 am ET
The Middleby Corporation Reports Third Quarter Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the third quarter ended September 29, 2018. Net earnings for the third quarter were $72.9 million or $1.31 diluted earnings per share on net sales of $713.3 million as compared to the prior year third quarter net earnings of $74.7 million or $1.31 diluted earnings per share on net sales of $593.0 million. Excluding the impact of
Nov 05, 2018 06:00 pm ET
The Middleby Corporation Schedules Third Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2018 third quarter earnings on Wednesday, November 7 before market open. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central on Wednesday, November 7. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 5636989#. The conference call is also accessible through the Investor Relations section of the company website at
Oct 22, 2018 09:00 am ET
Market Trends Toward New Normal in Vivint Solar, The Middleby, YPF Sociedad Anonima, Vectrus, Haemonetics, and WEX — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Vivint Solar, Inc. (NYSE:VSLR), The Middleby Corporation (NASDAQ:MIDD),...
Oct 01, 2018 06:00 pm ET
Middleby Acquires M-TEK
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of M-TEK Corporation, a leading manufacturer of Modified Atmosphere Packing (MAP) systems. The company is based in Elgin, Ill., and has approximately $10 million in annual revenues.
Aug 08, 2018 07:00 am ET
The Middleby Corporation Reports Second Quarter Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the second quarter ended June 30, 2018. Net earnings for the second quarter were $84.0 million or $1.51 diluted earnings per share on net sales of $668.1 million as compared to the prior year second quarter net earnings of $77.6 million or $1.35 diluted earnings per share on net sales of $579.3 million.
Aug 06, 2018 07:00 pm ET
The Middleby Corporation Schedules Second Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2018 second quarter earnings on Wednesday, August 8 before market open. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central on Wednesday, August 8. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 4189566#.The conference call is also accessible through the Investor Relations section of the company website at
Jun 27, 2018 08:20 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within DXC Technology, Washington Prime Group, The Bank of New York Mellon, The Middleby, TD Ameritrade Holding, and Bloomin' Brands — New
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of DXC Technology Company. (NYSE:DXC), Washington Prime Group Inc....
Jun 22, 2018 05:00 pm ET
The Middleby Corporation Completes Acquisition of Taylor Company
The Middleby Corporation (NASDAQ:MIDD) announced today that it has completed the acquisition of the Taylor Company from UTC Climate, Controls & Security, a unit of United Technologies for $1.0 billion. Taylor is a world leader in beverage solutions, soft serve and ice cream dispensing equipment, frozen drink machines, and automated double-sided grills.
May 18, 2018 04:54 pm ET
UTC Climate, Controls & Security Signs Definitive Agreement to Sell Taylor Company
PALM BEACH GARDENS, Fla., May 18, 2018 /PRNewswire/ -- UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX), has signed a definitive agreement to sell Taylor Company to The Middleby Corporation (NASDAQ: MIDD), a publicly traded company in the foodservice industry. The sale is expected to close early in the third quarter, subject to customary closing conditions, including regulatory approvals. UTC Climate, Controls & Security is a leading provider of integrated building solutions, including heating, air conditioning and refrigeration systems, building cont...
May 18, 2018 04:39 pm ET
The Middleby Corporation To Acquire Taylor Company
The Middleby Corporation (NASDAQ: MIDD) today announced that it has entered into a definitive agreement to acquire the Taylor Company from UTC Climate, Controls & Security, a unit of United Technologies for $1.0 billion. Taylor is a world leader in beverage solutions, soft serve and ice cream dispensing equipment, frozen drink machines, and automated double-sided grills. Middleby will finance the all-cash acquisition under its existing revolving credit facility. In 2017, Taylor had revenues of approximately $315 million and $65 million of adjust
May 11, 2018 08:00 am ET
Recent Analysis Shows Ares Capital, The Middleby, Cardtronics, NOW, Coca-Cola European Partners, and News Corporation Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ares Capital Corporation (NASDAQ:ARCC), The Middleby Corporation...
May 11, 2018 07:55 am ET
Recent Analysis Shows Ares Capital, The Middleby, Cardtronics, NOW, Coca-Cola European Partners, and News Corporation Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Ares Capital Corporation (NASDAQ:ARCC), The Middleby Corporation...
May 09, 2018 07:00 am ET
The Middleby Corporation Reports First Quarter Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the first quarter ended March 31, 2018. Net earnings for the first quarter were $65,420,000 or $1.18 diluted earnings per share on net sales of $584,800,000 as compared to the prior year first quarter net earnings of $70,702,000 or $1.24 diluted earnings per share on net sales of $530,297,000.
May 07, 2018 08:15 pm ET
The Middleby Corporation Schedules First Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2018 first quarter earnings on Wednesday, May 9 before market open. The company has scheduled a conference call to discuss the results at 11:00 a.m. Eastern/10:00 a.m. Central on Wednesday, May 9. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 1892863#.The conference call is also accessible through the Investor Relations section of the company website at
Apr 20, 2018 08:45 am ET
Middleby Acquires Josper S.A.
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Josper S.A., a leading manufacturer of charcoal grill and oven cooking equipment for commercial foodservice and residential applications. Based in Pineda de Mar, Spain, near Barcelona, Josper has approximately $20 million USD in annual revenues.
Apr 16, 2018 08:00 am ET
Middleby Acquires JoeTap, Nitro Brew Coffee Systems
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of JoeTap, a subsidiary of A.C. Beverage, Inc. The company is a leading innovator of on-demand nitro and cold brew coffee dispensing equipment for the commercial foodservice industry.
Apr 03, 2018 08:00 am ET
Middleby Acquires for Firex Srl
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Firex Srl. The company is a leading manufacturer of steam cooking equipment for the commercial foodservice industry. Based in Sedico, Italy, Firex has approximately $20 million USD in annual revenues.
Mar 26, 2018 07:00 pm ET
Middleby Acquires Ve.Ma.C. Srl
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Ve.Ma.C. The company is a leading designer and manufacturer of handling, automation and robotics solutions for protein food processing lines. The company is based in Castelnuovo Rangone, Italy and has approximately $15 million USD in annual revenues.
Feb 28, 2018 08:50 am ET
Middleby Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 28, 2018 / Middleby Corporation (NASDAQ: MIDD) will be discussing their earnings results in their Q4 Earnings Call to be held on February 28, 2018 at 11:00 AM Eastern Time.
Feb 27, 2018 11:41 pm ET
The Middleby Corporation Reports Fourth Quarter and Full Year Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net sales and earnings for the fourth quarter and full fiscal year ended December 30, 2017. Net earnings for the fourth quarter were $75,186,000 or $1.35 diluted earnings per share on net sales of $632,859,000 as compared to the prior year fourth quarter net earnings of $80,936,000 or $1.41 diluted earnings per share on net sales of $596,817,000. Net earnings
Feb 26, 2018 07:00 am ET
The Middleby Corporation Schedules Fourth Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2017 fourth quarter earnings on Tuesday, February 27 after the market closes. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central on Wednesday, February 28. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 6178444#. The conference call is also accessible through the Investor Relations section of the company website at
Feb 16, 2018 06:00 pm ET
Middleby Acquires Hinds-Bock Corporation
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Hinds-Bock Corporation. The company is a leading manufacturer of solutions for filling and depositing bakery and food product, an integral part of the industrial baking and food processing line. The company is based in Bothell, Washington and has approximately $15 million in annual revenues.
Feb 07, 2018 07:40 am ET
Report: Developing Opportunities within Convergys, Univar, The Middleby, ServiceMaster Global, Red Rock Resorts, and Realty Income — Future Expectations, Projections Moving into 2018
NEW YORK, Feb. 07, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Convergys Corporation (NYSE:CVG), Univar Inc. (NYSE:UNVR),...
Dec 07, 2017 06:00 pm ET
The Middleby Corporation Acquires Scanico A/S
The Middleby Corporation (NASDAQ:MIDD) today announced the acquisition of Scanico A/S, a leading manufacturer of industrial cooling and freezing equipment for the food processing industry. The company is based in Aalborg, Denmark and has approximately $30 million in annual revenues.
Nov 16, 2017 07:40 am ET
Consolidated Research: 2018 Summary Expectations for Convergys, Univar, Middleby, ServiceMaster Global, Red Rock Resorts, and Realty Income — Fundamental Analysis, Key Performance Indications
NEW YORK, Nov. 16, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Convergys Corporation (NYSE:CVG), Univar Inc. (NYSE:UNVR),...
Nov 07, 2017 10:27 pm ET
The Middleby Corporation Reports Third Quarter Results
The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing and residential kitchen industries, today reported net sales and earnings for the third quarter ended September 30, 2017. Net earnings for the third quarter were $74,671,000 or $1.31 per share on net sales of $593,043,000 as compared to the prior year third quarter net earnings of $75,851,000 or $1.33 per share on net sales of $574,224,000.
Nov 06, 2017 08:00 pm ET
The Middleby Corporation Schedules Third Quarter Earnings Release and Conference Call
The Middleby Corporation (NASDAQ: MIDD) today announced it will release 2017 third quarter earnings on Tuesday, November 7 after the market closes. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern/10 a.m. Central on Wednesday, November 8. The call can be accessed by dialing (888) 391-6937 or (315) 625-3077 and entering conference code 6897766#. The conference call is also accessible through the Investor Relations section of the company website at
Oct 18, 2017 12:00 am ET
The Middleby Corporation Acquires Globe Food Equipment Company
The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales.