Middleby Corporation: Reports Q2-2021 Results

Elgin / IL. (tmc) The Middleby Corporation, a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, reported net earnings for the 2021 second quarter of USD 120.6 million or USD 2.13 diluted earnings per share on net sales of USD 808.8 million. Adjusted net earnings were USD 116.8 million or USD 2.11 adjusted diluted earnings per share.

«Our strong second quarter results reflect the ongoing recovery in our foodservice businesses with measurable progress toward our long-term growth initiatives and realized profitability improvements at all three of our business segments. We continued to make investments in technology solutions to capture rapidly-evolving market trends and execute upon our strategic sales initiatives as we position for the future,» Chief Executive Tim FitzGerald says in his statement.

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