The Middleby Corporation (MIDD) News
Follow The Middleby Corporation (MIDD) news in one place: company catalysts, earnings, analyst actions and wider market developments. Review 31 public stories across 12 publication days to understand how the story developed. Public news appears after a 15-minute delay; LiveCast subscribers can follow new headlines and hear important updates without this additional delay.
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Middleby Reports Higher Fiscal Q3 Earnings and Sales, Gives Q4 and 2026 Guidance
Middleby said fiscal third-quarter adjusted earnings and net sales rose, provided fiscal Q4 and 2026 guidance, and announced its CEO will step down.
EQUITY | Nov 05, 2026, 01:58 PM UTC
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Middleby Names Steven Spittle to Succeed Timothy FitzGerald as CEO
Middleby said Steven Spittle, its chief commercial officer since February 2021, will become president and succeed Timothy FitzGerald as CEO.
EQUITY | Nov 05, 2026, 01:43 PM UTC
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Middleby Reports Third-Quarter 2026 Results, Record Sales and 10% EBITDA Growth
Middleby reported record net sales and strong organic growth in commercial foodservice. Adjusted EBITDA rose 10% year over year, and net sales and Adjusted EBITDA exceeded the high ends of the company’s prior guidance ra
EQUITY | Nov 05, 2026, 12:33 PM UTC
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Middleby Expects Fiscal Q4 Revenue of $621M–$635M
Middleby expects fiscal fourth-quarter revenue of $621 million to $635 million, versus a FactSet estimate of $631 million.
EQUITY | Nov 05, 2026, 12:32 PM UTC
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Middleby Expects 2026 Revenue of $2.52B-$2.53B
Middleby expects full-year 2026 revenue of $2.52 billion to $2.53 billion, versus a FactSet estimate of $2.51 billion.
EARNINGS | Nov 05, 2026, 12:32 PM UTC
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Middleby Expects Q4 Adjusted EPS of $1.76–$1.92
Middleby expects Q4 adjusted EPS of $1.76–$1.92, versus a FactSet estimate of $1.79.
EARNINGS | Nov 05, 2026, 12:32 PM UTC
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Middleby Expects 2026 Adjusted EPS of $7.13-$7.29
Middleby expects full-year 2026 adjusted EPS of $7.13 to $7.29, versus a FactSet estimate of $6.82.
EARNINGS | Nov 05, 2026, 12:32 PM UTC
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Middleby Beats Q3 EPS by $0.32, Guides Q4 In Line; Announces CEO Transition
Middleby reported Q3 earnings of $2.07 per share, excluding non-recurring items, $0.32 above the comparison referenced in the headline. It guided Q4 EPS and revenue in line and announced a CEO transition.
EARNINGS | Nov 05, 2026, 12:27 PM UTC
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Middleby Sees Fourth-Quarter Sales of $621M-$635M
EARNINGS | Nov 05, 2026, 12:23 PM UTC
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Middleby Expects 2026 Organic Net Sales Growth of 7%-8%
EARNINGS | Nov 05, 2026, 12:22 PM UTC
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Middleby Reports Q3 Results, Raises Full-Year Guidance
Middleby said Q3 2026 results exceeded the high end of its guidance range for net sales and raised full-year guidance.
EQUITY | Nov 05, 2026, 12:04 PM UTC
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Middleby Secures $3 Billion Amended Credit Agreement
Middleby secured an amended $3 billion credit agreement with Bank of America and other lenders.
EQUITY | Nov 04, 2026, 10:54 PM UTC
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Middleby Price Target Raised to $147.00/Share From $141.00 by JP Morgan
Ratings actions from Benzinga
NEWS | Sep 15, 2026, 03:34 PM UTC
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Middleby Target Raised to $147.00 From $141.00 by JPMorgan
Middleby Target Raised to $147.00 From $141.00 by JPMorgan
NEWS | Sep 15, 2026, 05:37 AM UTC
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Middleby Raised to Overweight From Neutral by JPMorgan
Middleby Raised to Overweight From Neutral by JPMorgan
NEWS | Sep 15, 2026, 05:36 AM UTC
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MIDD: Refocused on commercial foodservice, driving growth and margins through lean and innovation
The company has refocused as a pure-play commercial foodservice provider, divesting non-core segments and driving operational excellence through lean initiatives and portfolio rationalization. Strong sales growth, margin
EQUITY | Sep 10, 2026, 03:12 PM UTC
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MIDD: Operational focus, portfolio streamlining, and innovation drive growth and margin expansion
The company has refocused on commercial foodservice, exited underperforming segments, and is driving growth through operational excellence, innovation, and customer engagement. Margin expansion and new product launches i
EQUITY | Sep 10, 2026, 02:23 PM UTC
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Middleby outlines 2028 targets, exits brewing and raises guidance
Middleby said it is exiting its brewing business and raised guidance at the Jefferies Global Industrials Conference. It also presented 2028 targets.
EQUITY | Sep 10, 2026, 11:13 AM UTC
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MIDD: Focused execution on innovation and operational excellence targets double-digit EPS growth by 2028
Management outlined a focused strategy following recent portfolio simplification, targeting 3—6% organic net sales CAGR and 10—15% adjusted EPS CAGR through 2028. Operational excellence, lean initiatives, and innovation
EARNINGS | Sep 10, 2026, 11:01 AM UTC
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Middleby to discontinue brewing and distilling business
Middleby is discontinuing its brewing and distilling business, including Deutsche Beverage + Process, Ss Brewtech and Wild Good Filling. The business is set to wind down by the end of this year.
EQUITY | Sep 09, 2026, 08:58 PM UTC
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Middleby discontinues Brewing Group after $24 million revenue in 2025
The Brewing Group generated $24 million of net sales in 2025 and an approximate $9 million adjusted EBITDA loss. Middleby said the discontinuation should be immaterial to 2026 guidance and expects the benefit in 2027 mar
EARNINGS | Sep 09, 2026, 08:14 PM UTC
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Middleby to discontinue brewing group at MIDD
EQUITY | Sep 09, 2026, 08:09 PM UTC
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Middleby to discontinue its Brewing Group business
Middleby Corporation announced it will discontinue its Middleby Brewing & Distilling Solutions Group business (“Brewing Group”), which includes Deutsche Beverage + Process, Ss Brewtech and Wild Goose Filling.
EQUITY | Sep 09, 2026, 08:05 PM UTC
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Middleby price target raised to $160 from $157 by Canaccord
Canaccord Genuity raised its Middleby price target to $160.00 per share from $157.00, according to Benzinga’s ratings actions (TradingView News).
EQUITY | Sep 01, 2026, 06:00 PM UTC
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Middleby shares are trading lower after the company reported a sharp decline in Q2 net earnings and lowered its FY26 financial guidance.
Middleby shares are trading lower after the company reported a sharp decline in Q2 net earnings and lowered its FY26 financial guidance.
EARNINGS | Aug 11, 2026, 05:24 PM UTC
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Middleby Lowers FY2026 Adj EPS Guidance from $9.54-$9.70 to $6.73-$6.89 vs $7.31 Est; Lowers FY2026 Sales Guidance from $3.360B-$3.440B to $
Middleby (NASDAQ: MIDD ) lowers FY2026 Adj EPS guidance from $9.54-$9.70 to $6.73-$6.89 vs $7.31 analyst estimate. Lowers FY2026 sales outlook from $3.360 billion-$3.440 billion to $2.480 billion-$2.530 billion vs $2.695
EARNINGS | Aug 11, 2026, 11:02 AM UTC
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MIDD PT reduced from $190 to $152, maintains Overweight @ KEYB
MIDD PT reduced from $190 to $152, maintains Overweight @ KEYB
EQUITY | Jul 14, 2026, 12:21 PM UTC
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Chip Rout Drags Nasdaq 100 Lower, Oil Climbs: Stock Market Today
A deepening sell-off in chip and memory stocks dragged all four major U.S. equity indexes lower by midday Tuesday. Money rotated defensively, with health care, real estate and utilities the only sectors firmly higher, wh
RATES | Jul 07, 2026, 05:20 PM UTC
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Midera Food Processing to Join S&P SmallCap 600
() -- Midera Food Processing (MFPVV) will join the S&P SmallCap 600, replacing Redwood Trust (RWT), effective before the opening of trading on July 8, S&P Dow Jones Indices said Thursday. Redwood Trust was deemed no long
RATES | Jul 02, 2026, 09:41 PM UTC
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Why Is Palantir Stock Surging On Wednesday?
Palantir Technologies Inc. (NASDAQ: PLTR ) stock is trading at slightly elevated levels on Wednesday. The upward movement follows a Tuesday announcement detailing two separate strategic initiatives: a sovereign artificia
RATES | Jul 01, 2026, 11:42 AM UTC
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MIDD: Spins Off Midera
Middleby's board approves the spinoff of its Midera food processing unit
EQUITY | Jun 22, 2026, 12:10 PM UTC