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MIDD LATEST HEADLINES
MIDD's first-quarter 2025 net sales decrease 2% year over year on account of the lackluster performance of Commercial Foodservice and Food Processing segments.
The Middleby Corporation (NASDAQ:MIDD ) Q1 2025 Earnings Conference Call May 7, 2025 11:00 AM ET Company Participants Timothy FitzGerald - Chief Executive Officer Bryan Mittelman - Chief Financial Officer Steve Spittle - Chief Commercial Officer James Pool - Chief Technology and Operations Officer Conference Call Participants Walt Liptak - Seaport Global Jeff Hammond - KeyBanc Capital Markets Mircea Dobre - Baird & Co. Timothy Thein - Raymond James Tami Zakaria - JPMorgan Brian McNamara - Canaccord Genuity Operator Good day, and welcome to The Middleby Corporation First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
The headline numbers for Middleby (MIDD) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Middleby (MIDD) came out with quarterly earnings of $2.08 per share, beating the Zacks Consensus Estimate of $1.94 per share. This compares to earnings of $1.89 per share a year ago.
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 first quarter of 2025. Middleby further announced an acceleration to its share repurchase program, with expectation to deploy the vast majority of its free cash flow to the buyback of shares. This follows the company's February 2025 announcement to separate its.
Middleby (MIDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2025 first quarter earnings on Wednesday, May 7 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 11 a.m. Eastern Time on May 7. The call is accessible through the Investor Relations section of the company website at www.middleby.com. If website access is not available, attendees can access the conference by dialing 1-844-676-5090 for domestic participants or 1-412-634-.
Middleby (MIDD) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
MIDD is set to gain from strength in the Food Processing Equipment Group segment and accretive acquisitions. The company's measures to reward its shareholders are noteworthy.
Against heightened market volatility, the traditional stock picking method - sales growth - is apt. Stocks like DRI, MIDD, INTU, CFR & AEP are worth buying.