Middleby Fiscal Q3 Adjusted Earnings, Revenue Rise; Raises Fiscal 2025 Guidance

MT Newswires Live
2025/11/06

Middleby (MIDD) reported fiscal Q3 adjusted earnings Thursday of $2.37 per diluted share, up from $2.33 a year earlier.

Analysts surveyed by FactSet expected $2.09.

Net sales for the quarter ended Sept. 27 were $982.1 million, up from $942.8 million a year earlier.

Analysts polled by FactSet expected $960.4 million.

The company said it expects fiscal Q4 adjusted EPS of $2.19 to 2.34 per share on revenue of $990 million to 1.02 billion. Analysts surveyed by FactSet are looking for $2.35 and $1.01 billion, respectively.

Middleby said it now expects fiscal 2025 adjusted EPS guidance to $8.99 to 9.14 per share. That compares with $8.65 to $9.05 previously. Analysts surveyed by FactSet are looking for $8.89.

Revenue for the year is now projected to be $3.85 billion to $3.89 billion, the company said. That compares with $3.81 billion to $3.87 billion. Analysts polled by FactSet expect $3.85 billion.

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