Fourth quarter net sales increased 4.5% to 866425000, while income from continuing operations declined to 86086000 and adjusted EBITDA decreased to 197104000, reflecting margin pressure and tariff impacts.

Middleby delivered revenue and adjusted EPS at the high end of expectations, despite a significant non-cash impairment charge related to its Residential Kitchen segment. All three business segments met or exceeded sales guidance.

The Middleby Corporation reported a challenging second quarter in 2025, with net sales decreasing by 1.4% and operating income falling to $155.4 million from $175.7 million in the prior year. Despite these headwinds, the company emphasized strong operational performance, market share gains through new product launches, and significant capital deployment towards share repurchases, totaling $322.7 million in the quarter.

The Middleby Corporation saw a 2.2% decline in revenue in Q1 2025, with adjusted EPS of $2.08 and net income of $92.4 million. Operating income improved modestly to $141 million. The company maintained strong cash generation and increased its share repurchase program.

Middleby Corporation posted Q4 2024 revenue of $1.01 billion, reflecting a 0.5% year-over-year increase. Operating income rose to $170 million, representing 16.8% of net sales. Adjusted EPS increased to $2.88, driven by margin improvements in the Food Processing segment. Free cash flow reached $229 million, and the company continued its deleveraging efforts, reducing its net leverage ratio to 2.0x.

Middleby Corporation reported a 3.9% decrease in net sales to $943 million for the third quarter of 2024. Diluted earnings per share were $2.11, and adjusted net earnings per share were $2.33. The company's operating income was $173 million, representing 18.4% of net sales. Despite challenging macro-economic conditions, the company maintained strong profitability and cash flow, with operating cash flows of $157 million and a net leverage ratio reduced to 2.2x. The acquisition of Emery Thompson was completed during the quarter.

Middleby Corporation reported a decrease in net sales by 4.7% in Q2 2024 compared to the previous year, with net sales of $992 million. Diluted earnings per share were $2.13, and adjusted net earnings per share were $2.39. The company's operating income was $176 million, representing 17.7% of net sales.

Middleby Corporation reported a decrease in net sales by 8.0% to $927 million in the first quarter of 2024 compared to the prior year. Despite difficult near-term demand conditions, the company posted strong profitability and record cash flows, with operating cash flows amounting to $140.9 million. The net leverage was reduced to 2.4x.