
Middleby NASDAQ: MIDD raised its 2026 earnings outlook after reporting record quarterly revenue for its commercial foodservice business and named President Steve Spittle to succeed Timothy FitzGerald as CEO next year.
Middleby Corporation designs, manufactures, markets, distributes and services a variety of residential kitchen, food processing and foodservice equipment in the United States, Canada, Asia, Europe, the Middle East and Latin America. The company is headquartered in Elgin, Illinois.
| Revenue (TTM) | $3.35B |
| Gross Profit (TTM) | $1.29B |
| EBITDA | $698.93M |
| Operating Margin | 19.00% |
| Return on Equity | 13.50% |
| Return on Assets | 7.34% |
| Revenue/Share (TTM) | $71.55 |
| Book Value | $29.66 |
| Price-to-Book | 4.42 |
| Price-to-Sales (TTM) | 1.84 |
| EV/Revenue | 3.372 |
| EV/EBITDA | 6.38 |
| Quarterly Earnings Growth (YoY) | -39.30% |
| Quarterly Revenue Growth (YoY) | -33.60% |
| Shares Outstanding | $45.22M |
| Float | $37.39M |
| % Insiders | 1.70% |
| % Institutions | 108.08% |
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Middleby NASDAQ: MIDD raised its 2026 earnings outlook after reporting record quarterly revenue for its commercial foodservice business and named President Steve Spittle to succeed Timothy FitzGerald as CEO next year.

Middleby (MIDD) came out with quarterly earnings of $2.07 per share, beating the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $2.37 per share a year ago.

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a global leader in commercial foodservice solutions, today reported net earnings for the third quarter of 2026. Tim FitzGerald, CEO of the Middleby Corporation said, “We delivered record third quarter net sales and strong organic growth across our commercial foodservice business. Adjusted EBITDA increased 10% from the prior year, and our performance exceeded the high end of our guidance ranges for net sales, Adjusted EBITDA.

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.

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The Middleby Corporation (MIDD) Presents at Jefferies Global Industrials Conference 2026 Transcript

Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?

Middleby Corporation spun off its Food Processing segment into Midera, sharpening focus on commercial foodservice equipment. MIDD reported Q2 2026 revenue of $875.55M, achieving nearly 10% year-over-year growth with 6.5% organic growth. Non-GAAP EPS beat estimates by $0.26, resulting from heavy stock buybacks but also strong operational performance.

MIDD's Q2 earnings and sales beat estimates as Commercial Foodservice demand rose, while tariffs and inflation pressured margins.
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