The Middleby Corporation (MIDD) Presents at Jefferies Global Industrials Conference 2026 Transcript
Middleby (MIDD) reported earnings 30 days ago. What's next for the stock?
Middleby Corporation spun off its Food Processing segment into Midera, sharpening focus on commercial foodservice equipment. MIDD reported Q2 2026 revenue of $875.55M, achieving nearly 10% year-over-year growth with 6.5% organic growth. Non-GAAP EPS beat estimates by $0.26, resulting from heavy stock buybacks but also strong operational performance.
| Machinery Industry | Industrials Sector | Timothy FitzGerald CEO | XMUN Exchange | US5962781010 ISIN |
| US Country | 8,826 Employees | 2 Jun 2004 Last Dividend | 18 Jun 2007 Last Split | 17 Mar 1992 IPO Date |
The Middleby Corporation, with its inception in 1888 and a historical name change from Middleby Marshall Oven Company in 1985, stands as a global leader in the design, marketing, manufacture, distribution, and service of a broad spectrum of products. These serve the foodservice, food processing, and residential kitchen sectors. Operating from its base in Elgin, Illinois, The Middleby Corporation caters to a diverse clientele worldwide, emphasizing innovation and efficiency across its product range.
The company’s offerings are segmented into three primary groups: Commercial Foodservice Equipment, Food Processing Equipment, and Residential Kitchen Equipment. Each segment caters to a specific market need with a wide array of products.