Middleby Corp (MIDD) Tops Q1 EPS by 1c
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The Middleby Corporation Reports First Quarter Results
May 8, 2019 7:00 AM EDTELGIN, Ill.--(BUSINESS WIRE)-- 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 March30, 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 quarter were negatively impacted by the transition costs resulting from... More
