Middleby

MIDD · NASDAQ

$110.53+$2.77 (+2.57%)TodayMarket closed ·
Prev close $107.76

About MIDD

The Middleby Corp. engages in the design, manufacture, marketing, and distribution of foodservice equipment. The company is headquartered in Elgin, Illinois and currently employs 4,309 full-time employees. The firm develops and manufactures a broad line of solutions used in commercial food service and food processing. Its segments include the Commercial Foodservice Equipment Group and the Food Processing Equipment Group. The Commercial Foodservice Equipment Group has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage applications within a commercial kitchen or foodservice operation. This equipment is used across all types of food service operations, including quick-service restaurants, full-service restaurants, ghost kitchens, supermarkets and others. The Food Processing Equipment Group offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami and dry cure, sausage and hot dogs, egg bites, poultry, alternative protein, case ready, lunch meat and pet food and producers of bakery products.

Employees
4,309
Headquarters
Elgin, Illinois
Listed
Aug 10, 1987
Sector
Industrials
Industry
Machinery

Leadership

Middleby executives
NameTitleSince
Gordon O'Brien——
Timothy Fitzgerald—2003
Bryan Mittelman——
James Pool——
Steven Spittle——
Matthew Fuchsen——
Julie Bowerman——
Sarah Chapin——
Edward Garden——
Cathy Mccarthy——
Robert Nerbonne——
Stephen Scherger——
Tejas Shah——
Nassem Ziyad——

Revenue by product and region

Fiscal year ended Dec 31, 2022: $4.03B total revenue

By product

  • Commercial Foodservice Equipment Group$2.41B59.8%
  • Residential Kitchen$1.05B26.0%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Middleby suppliers and customers
CompanyRelationshipCorrelation
Papa John's International, Inc. PZZACustomer0.75
Yum! Brands, Inc. YUMCustomer0.71
Starbucks Corporation SBUXCustomer0.69
Denny's Corporation DENNCustomer0.68
Darden Restaurants, Inc. DRICustomer0.66
Howden Joinery Group HWDN.LCustomer0.65
discoverIE Group plc DSCV.LSupplier0.53
Unilever PLC UNLYFCustomer0.52
Cracker Barrel Old Country Store, Inc. CBRLCustomer0.51
Methode Electronics MEISupplier0.44

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