• Revenue of $1,007 million, a 1% increase year over year • Diluted Earnings per share of $1.82 and adjusted net earnings per share of $2.19, an increase of 3% year over year • Adjusted EBITDA of $210 million, a 6% increase year over year • Profitability grew to an organic adjusted EBITDA margin of 21.1% compared to 19.8% in the prior year • Completed the acquisition of Flavor Burst, expanding Middleby’s beverage platform

Earnings

Middleby Releases 2022 Q2 Results

Aug. 10, 2022

The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the 2022 second quarter of $113.2 million or $2.07 diluted earnings per share on net sales of $1,013.6 million.

The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of equipment for the commercial foodservice, food processing, and residential kitchen industries, today reported net earnings for the 2022 first quarter of $85.8 million or $1.52 diluted earnings per share on net sales of $994.7 million