Middleby Corp (MIDD) Misses Q1 EPS by 3c, Revenues Miss
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The Middleby Corporation Reports First Quarter Results and Provides COVID-19 Update
May 7, 2020 7:00 AM EDTELGIN, 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 2020 first quarter of $73.8 million or $1.33 diluted earnings per share on net sales of $677.5 million.
COVID-19 Update
In response to the COVID-19 pandemic, we have implemented swift actions to protect our employees, ensure uninterrupted service to our customers and aggressively adjust our business and cost structure for an expected revenue decline, said Middleby Chief Executive Officer Tim... More
