The Middleby Corporation reported earnings results for the fourth quarter and full year ended January 03, 2026. For the fourth quarter, the company reported sales was USD 866.43 million compared to USD 828.84 million a year ago. Net income was USD 36.94 million compared to USD 112.3 million a year ago. Basic earnings per share from continuing operations was USD 1.73 compared to USD 2.19 a year ago. Diluted earnings per share from continuing operations was USD 1.72 compared to USD 2.17 a year ago. Basic earnings per share was USD 0.74 compared to USD 2.09 a year ago. Diluted earnings per share was USD 0.74 compared to USD 2.07 a year ago.
For the full year, sales was USD 3,201.2 million compared to USD 3,150.24 million a year ago. Net loss was USD 277.73 million compared to net income of USD 428.43 million a year ago. Basic earnings per share from continuing operations was USD 14.22 compared to USD 15.66 a year ago. Diluted earnings per share from continuing operations was USD 14.08 compared to USD 15.54 a year ago. Basic loss per share was USD 10.76 compared to basic earnings per share of USD 15.94 a year ago. Diluted loss per share was USD 10.64 compared to diluted earnings per share of USD 15.8 a year ago.
The Middleby Corporation is engaged in foodservice industry. The Company 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.
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