Middleby Corp (MIDD) Misses Q3 EPS by 8c

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The Middleby Corporation Reports Third Quarter Results

November 9, 2021 7:00 AM EST

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 third quarter of $176.0 million or $3.09 diluted earnings per share on net sales of $817.5 million. Adjusted net earnings were $106.4 million or $1.92 adjusted diluted earnings per share. A full reconciliation between GAAP and non-GAAP measures is provided at the end of the press release.

We continue to build upon the positive momentum across our business segments -- investing in technology innovations to... More