Middleby Corp (MIDD) Tops Q4 EPS by 32c

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The Middleby Corporation Reports Fourth Quarter Results

February 25, 2025 7:00 AM EST

Net sales of $1,014 million Diluted earnings per share of $2.07 and adjusted net earnings per share of $2.88 Operating income of $170 million and 16.8% of net sales Record Adjusted EBITDA of $251 million and organic adjusted EBITDA margin of 24.8% Record operating cash flows of $687 million for the full year and $240 million for the quarter Net leverage reduced to 2.0x Repurchased $16.4 million of Middleby common shares in the fourth quarter Completed the acquisitions of Emery Thompson, JC Ford and Gorreri

ELGIN, Ill.--(BUSINESS... More