The Middleby Corporation (LON:0K1G)

London flag London · Delayed Price · Currency is GBP · Price in USD
168.01
-0.07 (-0.04%)
Feb 21, 2025, 4:21 PM BST
16.52%
Market Cap 7.11B
Revenue (ttm) 2.89B
Net Income (ttm) 292.84M
Shares Out n/a
EPS (ttm) 5.42
PE Ratio 24.28
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2
Average Volume 213
Open 170.73
Previous Close 168.08
Day's Range 165.45 - 169.26
52-Week Range 110.78 - 169.26
Beta 1.64
RSI 60.86
Earnings Date Feb 20, 2025

About The Middleby Corporation

The Middleby Corporation 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,... [Read more]

Industry Industrial - Capital Goods
Sector Industrials
Founded 1888
Employees 10,722
Stock Exchange London Stock Exchange
Ticker Symbol 0K1G
Full Company Profile

Financial Performance

In 2023, The Middleby Corporation's revenue was $4.04 billion, an increase of 0.09% compared to the previous year's $4.03 billion. Earnings were $400.88 million, a decrease of -8.17%.

Financial numbers in USD Financial Statements

News

Middleby mulls separation of up to two units

Middleby (MIDD) considering strategic options, including a potential separation of its Food Processing and/or its Residential Kitchen business units.

27 days ago - Seeking Alpha

Middleby Confirms Ongoing Strategic Review of Business Portfolio as Part of Board of Directors' Efforts to Maximize Shareholder Value

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby,” “The Company”) (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and re...

27 days ago - Business Wire

Middleby (MIDD) Stock Rises Due to Activist Investor Stake

Middleby (MIDD) Stock Rises Due to Activist Investor Stake

4 weeks ago - GuruFocus

Middleby Skyrockets 15%--Activist Shake-Up and Big Moves Fuel Stock Surge

Middleby Skyrockets 15%--Activist Shake-Up and Big Moves Fuel Stock Surge

4 weeks ago - GuruFocus

Middleby Stock on Pace for Largest Jump Since 2020

4 weeks ago - The Wall Street Journal

Activist Ed Garden's New Firm Launching Its First Investment

Garden Investments plans to push for changes at kitchen-equipment maker Middleby.

4 weeks ago - The Wall Street Journal

Middleby Acquires Gorreri Food Processing Technology

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) has announced the acquisition of Gorreri Food Processing Technology based outside Parma, Italy. Gorreri is a leading manufacturer ...

3 months ago - Business Wire

The Middleby Corporation: Organic Growth In The CF Segment Continues To Be Poor

Middleby's 3Q24 earnings were disappointing, primarily due to poor organic growth in its largest segment, Commercial Foodservice. The persistent weakness in the consumer spending environment, coupled ...

4 months ago - Seeking Alpha

Middleby Acquires JC Ford, Leader in Chip and Tortilla Production Systems

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of JC Ford, a leading manufacturer of tortilla production equipment systems. Founded in 1945, the ...

4 months ago - Business Wire

The Middleby Corporation (MIDD) Q3 2024 Earnings Call Transcript

The Middleby Corporation (NASDAQ:MIDD) Q3 2024 Results Conference Call October 31, 2024 11:00 AM ET Company Participants Tim FitzGerald - CEO James Pool - Chief Technology Officer & Chief Operations ...

4 months ago - Seeking Alpha

The Middleby Corporation Reports Third Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

4 months ago - Business Wire

Middleby Schedules Third Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 third quarter earnings on Thursday, October 31 before the market opens. The company has scheduled a conference c...

4 months ago - Business Wire

Middleby Acquires Emery Thompson Frozen Dessert Equipment Company

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Emery Thompson, a well-known, global brand in frozen dessert equipment. Located in Brooksville,...

4 months ago - Business Wire

Powerhouse Dynamics Returns to FSTEC 2024 for Third Consecutive Year, Showcasing Advanced Open Kitchen IoT Software with AI-Driven Energy Management

Visit Booth IA-55 for a Demonstration of the Leading IoT Solution for Foodservice Operators BOSTON , Sept. 4, 2024 /PRNewswire/ -- Powerhouse Dynamics, the leader in Internet of Things (IoT)-based sol...

6 months ago - PRNewsWire

Middleby: Rating Upgrade To Neutral Given Recent Results And Macro Developments

MIDD upgraded from sell to hold rating due to potential for strong organic growth acceleration in Commercial Foodservice segment. 2Q24 results show decline in revenue, but CF segment EBITDA margin hel...

6 months ago - Seeking Alpha

The Middleby Corporation Reports Second Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

7 months ago - Business Wire

Middleby Schedules Second Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 second quarter earnings on Thursday, August 1 before the market opens. The company has scheduled a conference ca...

7 months ago - Business Wire

The Middleby Corporation (MIDD) Q1 2024 Earnings Call Transcript

The Middleby Corporation (NASDAQ:MIDD) Q1 2024 Earnings Conference Call May 8, 2024 11:00 AM ET Company Participants Tim FitzGerald - Chief Executive Officer James Pool - Chief Technology Officer & C...

10 months ago - Seeking Alpha

The Middleby Corporation Reports First Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

10 months ago - Business Wire

Middleby Schedules First Quarter Earnings Release and Conference Call

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 first quarter earnings on Wednesday, May 8 before the market opens. The company has scheduled a conference call ...

10 months ago - Business Wire

BetterInvesting™ Magazine Update The Middleby Corp. and UnitedHealth Group

TROY, Mich. , April 19, 2024 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced The Middleby Corp. (NASDAQ: MIDD) as its "Stock to Study...

11 months ago - PRNewsWire

The Middleby Corporation: Continued Growth And Cheap Stock Should Lead The Way Higher

The Middleby Corporation's stock has only seen a 0.9% increase since February 2023, compared to the S&P 500's 28.1% increase. The company's revenue growth has been mixed, with the Commercial Foodservi...

11 months ago - Seeking Alpha

The Middleby Corporation (MIDD) Q4 2023 Earnings Call Transcript

The Middleby Corporation (MIDD) Q4 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

The Middleby Corporation Reports Fourth Quarter Results

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries...

1 year ago - Business Wire