Welcome to our dedicated page for Middleby news (Ticker: MIDD), a resource for investors and traders seeking the latest updates and insights on Middleby stock.
Middleby Corp reports developments tied to its global foodservice equipment business, including commercial foodservice systems and food processing solutions. Company updates commonly cover quarterly operating results, organic sales trends, adjusted EBITDA measures, leverage under credit agreements, and demand across its Commercial Foodservice and Food Processing activities.
Middleby news also includes governance and capital-structure matters, such as leadership appointments, board and shareholder-voting updates, share repurchases, and portfolio actions. Its completed sale of a majority stake in the Residential Kitchen business is part of the company's recent corporate-structure history, while recurring disclosures continue to focus on equipment manufacturing, innovation centers, and financial performance.
Middleby (NASDAQ: MIDD) will release 2026 first quarter earnings on Thursday, May 7, 2026 at 7:00 a.m. ET and will host a conference call at 10:00 a.m. ET the same day.
Investors can join via the company Investor Relations website or by domestic dial-in 1-844-676-5090 and international dial-in 1-412-634-6754.
The Middleby Corporation (NASDAQ: MIDD) will host an Investor Day on May 12, 2026 in New York City ahead of a planned separation into two independent public companies in Q2 2026.
Leadership from Middleby Corporation and Middleby Food Processing will present strategies, roadmaps, and hold a Q&A; a live webcast and replay will be available via the company website. In-person attendance is by invitation; requests directed to ICREvents@icrinc.com.
Middleby (NASDAQ: MIDD) named Amy Campbell as Chief Financial Officer of its Food Processing business, effective immediately, completing the executive leadership team ahead of the planned spin-off in Q2 2026.
The move follows Mark Salman as CEO and positions the unit to pursue an independent capital allocation and growth strategy as a public company.
Middleby (NASDAQ: MIDD) named Brittany Cerwin as Chief Financial Officer, effective immediately, succeeding Bryan Mittelman, who becomes Special Advisor to the CEO.
Cerwin has been with Middleby since 2011, led global finance through a period when revenues rose threefold and earnings grew fivefold, and will guide finances as the company completes a Food Processing spin-off expected by end of Q2 2026.
The Middleby Corporation (NASDAQ: MIDD) reported fourth-quarter continuing operations net sales of $866.4M (up 5% YoY) and adjusted EBITDA of $197.1M. Management completed a 51% sale of its Residential Kitchen business at an $885M valuation, receiving ~$565M cash plus a $135M note while retaining 49%.
Middleby repurchased ~$710M of shares in 2025 (~4.9M shares, 9.1%) and began FY2026 with renewed guidance: FY2026 adjusted EPS of $9.20–9.36 and organic growth guidance for Commercial Foodservice +1–3% and Food Processing +4–6%.
Middleby (NASDAQ: MIDD) named Mark Salman CEO of its Food Processing business and Mark Bowie COO, effective upon a planned spin-off in Q2 2026. The Food Processing segment reported $850 million revenue in 2025 and grew from $390 million in 2018.
Salman led integration of 16 acquisitions totaling about $300 million in combined annual revenues; the separation aims to accelerate growth and allow independent capital allocation.
Middleby (NASDAQ: MIDD) will release 2025 fourth-quarter earnings on February 26, 2026 at 7:00 a.m. Eastern Time and host a conference call at 10:00 a.m. Eastern Time.
According to the company, the call is available via the Investor Relations section at www.middleby.com with domestic and international dial-in options provided.
The Middleby Corporation (NASDAQ: MIDD) appointed Christopher Hix to its Board of Directors, effective February 1, 2026, expanding the board to eleven members. Mr. Hix brings 30+ years of financial and transformation experience, including roles as EVP & CFO of Enovis and CFO of Colfax, and board service at Brady.
The addition is positioned to support Middleby’s shift to a pure-play commercial foodservice equipment company and to bolster operational and governance expertise.
26North completed acquisition of a controlling interest in Middleby's Residential Kitchen business, rebranding it as Composition Brands on February 2, 2026. Middleby (NASDAQ: MIDD) retains a significant non-controlling ownership stake.
Composition Brands houses premium names including Viking, AGA, Rangemaster, La Cornue, Lynx and U-Line and will operate as an independent platform focused on product performance, innovation and dealer/designer relationships.
Middleby (NASDAQ: MIDD) completed the sale of a 51% stake in its Residential Kitchen business to an affiliate of 26North, receiving approximately $540 million in cash and holding a $135 million seller note.
Middleby retains a 49% non-controlling interest, will report the business as a discontinued operation starting in Q4 2025, and plans to use proceeds primarily for share repurchases and capital structure optimization ahead of a planned Middleby Food Processing spin-off.