Middleby Corp (MIDD) Tops Q4 EPS by 8c

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The Middleby Corporation Reports Fourth Quarter Results

February 22, 2022 7:00 AM EST

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 2021 fourth quarter of $102.7 million or $1.80 diluted earnings per share on net sales of $866.4 million. Adjusted net earnings were $117.1 million or $2.11 adjusted diluted earnings per share. A full reconciliation between GAAP and non-GAAP measures is provided at the end of the press release.

We concluded 2021 building upon our positive momentum. We finished the year with record sales and earnings at each... More