Middleby Corp (MIDD) Tops Q2 EPS by 7c

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The Middleby Corporation Reports Second Quarter Results

August 12, 2021 7:00 AM EDT

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, today reported net earnings for the 2021 second quarter of $120.6 million or $2.13 diluted earnings per share on net sales of $808.8 million. Adjusted net earnings were $116.8 million or $2.11 adjusted diluted earnings per share. A full reconciliation between GAAP and non-GAAP measures is provided at the end of the press release.

Our strong second quarter results reflect the ongoing recovery in our foodservice businesses with measurable progress toward our long-term growth... More