Middleby Corp

NASDAQ:MIDD   4:00PM EDT
131.10
-1.86 (-1.40%)

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Market Cap (Intraday)7.19B
Current PE22.43
Forward PE 19.25
2yr Forward PE 16.66
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Estimates Current Quarter
Revenue$776.27 Million
Adjusted EPS$1.78
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10-Day MA$132.82
50-Day MA$134.76
200-Day MA$122.73
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MIDDLEBY CORP Stock, NASDAQ:MIDD

1400 TOASTMASTER DRIVE, ELGIN, IL 60120
United States of America
Phone: 8477413300
Number of Employees: 7800

Description

The Middleby Corporation designs, manufactures, markets, distributes, and services commercial foodservice, food processing, and residential kitchen equipment in the United States, Canada, Asia, Europe, the Middle East, and Latin America. Its Commercial Foodservice Equipment Group segment offers cooking and warming equipment for quick-service restaurants, full-service restaurants, convenience stores, retail outlets, hotels, and other institutions. This segment provides conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; and ranges, fryers, rethermalizers, steam cooking equipment, warming equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, professional refrigerators, blast chillers, coldrooms, ice machines, freezers, and beverage dispensing equipment. The company's Food Processing Equipment Group segment offers processing solutions for customers producing hot dogs, dinner sausages, poultry, and lunchmeats, as well as muffins, cookies, and bread. This segment offers batch, baking, proofing, conveyor, and continuous processing ovens; frying systems and automated thermal processing systems; grinders, slicers, emulsifiers, mixers, blenders, battering and breading equipment, water cutting systems, food presses, and forming equipment; and various food safety, food handling, freezing, and packaging equipment. Its Residential Kitchen Equipment Group segment manufactures, sells, and distributes kitchen equipment comprising ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, and ventilation and outdoor equipment for the residential market. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The Middleby Corporation was founded in 1888 and is based in Elgin, Illinois.