The Middleby Corporation Reports Third Quarter Results
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Middleby Corp (MIDD) Misses Q3 EPS by 1c, Revenues Miss
November 7, 2018 7:09 AM ESTMiddleby Corp (NASDAQ: MIDD) reported Q3 EPS of $1.56, $0.01 worse than the analyst estimate of $1.57. Revenue for the quarter came in at $713.3 million versus the consensus estimate of $714.01 million.
Selim A. Bassoul, Chairman and Chief Executive Officer, commented, At the Commercial Foodservice Equipment Group, we had solid growth with improving sales to restaurant chains in the domestic market. We continue to develop a pipeline of business opportunities with customers adopting our new technologies. Our kitchen equipment advancements provide operators solutions for labor savings, faster service speed, menu flexibility and space-saving, ventless solutions. International markets remained... More
