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Middleby Q1 2023 Earnings Report

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$167.07 -2.85 (-1.68%)
As of 02/21/2025 04:00 PM Eastern

Middleby EPS Results

Actual EPS
$2.19
Consensus EPS
$1.93
Beat/Miss
Beat by +$0.26
One Year Ago EPS
N/A

Middleby Revenue Results

Actual Revenue
$1.01 billion
Expected Revenue
$967.97 million
Beat/Miss
Beat by +$39.43 million
YoY Revenue Growth
N/A

Middleby Announcement Details

Quarter
Q1 2023
Time
N/A

MIDD Upcoming Earnings

Middleby will be holding an earnings conference call on Tuesday, February 25 at 8:00 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Conference Call Audio

Slide Deck

Middleby Earnings Headlines

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About Middleby

Middleby (NASDAQ:MIDD) designs, markets, manufactures, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, IoT solutions, and controls development and manufacturing. The company's Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and automated washing systems, auto-guided vehicles, food safety, food handling, freezing, and defrosting and packaging equipment. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is based in Elgin, Illinois.

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