Middleby Corporation Stock News

The Middleby Corporation (MIDD -1.28%) announced several major strategic moves in its fourth-quarter earnings call on February 25, 2025, including plans to separate its Food Processing business into a stand-alone public company. Here are the key insights for long-term investors.

Middleby (MIDD 1.70%), a leading player in commercial, food processing, and residential kitchen equipment, released its Q4 2024 earnings on February 25, 2025.

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, today announced that as an update on its previously announced strategic review its Board of Directors has unanimously approved a plan to separate its food processing business into a standalone public...

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for commercial foodservice, residential kitchens and food processing industries, today announced the appointment of Julie Bowerman and Ed Garden to its Board of Directors, effective immediately. Ms. Bowerman is an experienced public company director with more than 25 years of suc...

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 fourth quarter of 2024. “We closed 2024 by delivering our strongest margins of the year. Exceptional profitability achievements by our Food Processing and Comm...

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) will release 2024 fourth quarter earnings on Tuesday, February 25 at 7 a.m. Eastern Time. The company has scheduled a conference call to discuss the results at 8 a.m. Eastern Time on February 25. The call is accessible through the Investor Relations section of the company website at www.middleby.com. If website access is not ...

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby,” “The Company”) (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today confirmed that, as part of its Board of Directors' ongoing efforts to maximize shareholder value, the Company has been conducting a strategic review of its busin...

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (NASDAQ: MIDD) has announced the acquisition of Gorreri Food Processing Technology based outside Parma, Italy. Gorreri is a leading manufacturer of equipment for the baked goods industry, including cakes, pies, muffins, tarts and other desert line solutions. The company operates in a state-of-the-art, 50,000-square-foot facility, which was ...