Detail akcie Middleby Corp online

Business Summary: The Middleby Corporation is a food service company. The Company develops and manufactures a broad line of solutions. The Company’s segments include Commercial Foodservice Equipment Group, Food Processing Equipment Group and Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group segment has a portfolio of food service equipment, which enables it to serve virtually any cooking, warming, refrigeration, freezing and beverage application within a commercial kitchen or food service operation. The Food Processing Equipment Group segment offers a portfolio of processing solutions for customers producing pre-cooked meat products, such as hot dogs, dinner sausages, poultry and lunchmeats, and baked goods, including as muffins, cookies and bread. The Residential Kitchen Equipment Group segment has a portfolio of professional-style residential kitchen equipment. It is also involved in technology that is used in a variety of flavored beverages and soft-serve products.
Financial Summary: BRIEF: For the nine months ended 01 October 2022, Middleby Corp revenues increased 26% to $3B. Net income decreased 21% to $303.4M. Revenues reflect Residential Kitchen segment increase of 58% to $832.1M, Commercial Food Service segment increase of 18% to $1.78B, Food Processing segment increase of 10% to $392.1M. Net income was offset by Corporate and Other segment loss totaling $105.7M vs. income of $16.4M.