Middleby

MIDD

Market cap $7.48B

MIDD rides Food Processing momentum, accretive deals and hefty buybacks as shares jump 35% YTD, far outpacing industry gains on strong global demand.

Here is how Middleby (MIDD) and Nordson (NDSN) have performed compared to their sector so far this year.

The Middleby Corporation (MIDD) M&A Call Transcript

NEW YORK--(BUSINESS WIRE)--26North and Middleby announced that affiliates of 26North have agreed to purchase a controlling interest in Middleby's Residential Kitchen business.

ELGIN, Ill.--(BUSINESS WIRE)--The Middleby Corporation (“Middleby”) (NASDAQ: MIDD) today announced entry into a definitive agreement under which it will sell a 51% stake in its Residential Kitchen business to affiliates of 26North Partners LP (“26North”) in a transaction valuing Residential Kitchen at $885 million. Following this transaction, Middleby will own a 49% non-controlling interest in a new standalone joint venture holding the Residential Kitchen business, while receiving upfront cash.

26North is set to own 51% of the kitchen-products division that houses a number of luxury cookware-equipment brands.

MIDD beats Q3 estimates with 4.2% sales growth and higher earnings, supported by acquisitions and strength across key segments.

The Middleby Corporation ( MIDD ) Q3 2025 Earnings Call November 6, 2025 8:30 AM EST Company Participants Timothy FitzGerald - CEO & Director Bryan Mittelman - Chief Financial Officer Steve Spittle - Chief Commercial Officer Conference Call Participants Mircea Dobre - Robert W. Baird & Co. Incorporated, Research Division Jae Hyun Ko - Jefferies LLC, Research Division Alec McGuire - JPMorgan Chase & Co, Research Division Jeffrey Hammond - KeyBanc Capital Markets Inc., Research Division Timothy Thein - Raymond James & Associates, Inc., Research Division Presentation Operator Good day, everyone, and welcome to today's Third Quarter 2025 Middleby Corp. Earnings Call.

While the top- and bottom-line numbers for Middleby (MIDD) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Middleby (MIDD) came out with quarterly earnings of $2.37 per share, beating the Zacks Consensus Estimate of $2.03 per share. This compares to earnings of $2.33 per share a year ago.