Middleby Q1 FY26 adjusted EPS rises 15.5% to 2.16; net sales climb 15% to $840 million

Middleby Corporation

Middleby Corporation

MIDD

0.00
  • Middleby posted Q1 2026 net sales of USD 840 million, up 15%, while diluted GAAP EPS rose to USD 1.81 from continuing operations.
  • Operating income edged up 3% to USD 133 million, including USD 9.9 million in strategic transaction costs tied to its portfolio transformation.
  • Adjusted EBITDA climbed to USD 181 million from continuing operations, with organic sales growth of 8.1% in Commercial Foodservice and 25% in Food Processing.
  • Food Processing backlog grew to USD 416 million, while the segment logged 39% order growth with a trailing 12-month book-to-bill ratio of 1.09x.
  • Guidance was raised for FY 2026, forecasting net sales of USD 3.36 billion to USD 3.44 billion and adjusted EPS of USD 9.54 to USD 9.70, with Food Processing spin separation on track for July 6, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Middleby Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202605070700BIZWIRE_USPR_____20260507_BW847508) on May 07, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.