Inactive Instrument

Welbilt, Inc.

Equities

WBT

US9490901041

Industrial Machinery & Equipment

Welbilt, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022

May 10, 2022 at 04:10 pm EDT

Welbilt, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 333 million compared to USD 253.3 million a year ago. Net income was USD 2.9 million compared to USD 7.9 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.03 a year ago. Basic earnings per share was USD 0.02 compared to USD 0.06 a year ago. Diluted earnings per share was USD 0.02 compared to USD 0.06 a year ago.

Latest news about Welbilt, Inc.

UK's Competition Watchdog Closes Probe on Ali Holding's Welbilt Takeover	22-08-01	MT
Italy's Ali Group sees shelter from economic storm in Welbilt deal	22-07-29	RE
Welbilt, Inc.(NYSE:WBT) dropped from S&P Global BMI Index	22-07-29	CI
Welbilt, Inc.(NYSE:WBT) dropped from S&P TMI Index	22-07-29	CI
Ali Group S.r.l. completed the acquisition of Welbilt, Inc. from The Vanguard Group, Inc., Invesco Ltd., BlackRock, Inc., Carl C. Icahn and others.	22-07-27	CI
Pentair Commercial Ice LLC completed the acquisition of Manitowoc Foodservice, Manitowoc Fsg, WELBILT China Food, Manitowoc FSG U.S. Holding and Certain Assets from Welbilt, Inc. and Manitowoc Ice, Inc.	22-07-27	CI
Pentair Secures Final Regulatory Approval for $1.6 Billion Acquisition of Welbilt's Manitowoc Ice	22-07-14	MT
Welbilt's Acquisition by Ali Holding Gets Final Regulatory Approval	22-07-14	MT
UK Competition Watchdog Accepts Ali Group-Welbilt Undertakings	22-07-11	MT
Welbilt, Inc. Elects to Redeem All of Its Outstanding 9.500% Senior Notes Due 2024	22-07-06	CI
Pentair's Pentair Finance Subsidiary Prices $400 Million Offering of 5.9% Notes Due 2032	22-06-28	MT
Welbilt, Inc.(NYSE:WBT) added to Russell 2000 Defensive Index	22-06-24	CI
Welbilt, Inc.(NYSE:WBT) added to Russell 2000 Growth-Defensive Index	22-06-24	CI
UK Competition Authority Approves Ali Holding's Proposals For Welbilt Acquisition	22-06-22	MT
EU Conditionally Approves Ali Group-Welbilt Merger	22-06-20	MT
Welbilt's Pending Acquisition by Ali Group Gets Conditional Approval From European Commission	22-06-17	MT
EU Antitrust Regulators Clear With Conditions Ali Group's $3.4 Bln Bid for Welbilt After Agreeing to Sell Global Ice Machine Business	22-06-17	MT
UK Competition Watchdog Set to Accept Undertakings in Ali Group-Welbilt Merger Inquiry	22-06-13	MT
UK Watchdog Says Ali Holding's Acquisition Of Welbilt Raises Competition Concerns	22-06-09	MT
British Competition Watchdog Starts Inquiry on Ali Holding's Acquisition of Welbilt	22-05-24	MT
Earnings Flash (WBT) WELBILT Reports Q1 Revenue $417M	22-05-10	MT
Welbilt, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-10	CI
UK Competition Watchdog Flags Concerns Over Ali Holding Acquisition Of Welbilt	22-03-10	MT
Pentair's Manitowoc Ice Acquisition Extends Commercial Water Treatment Reach, Oppenheimer Says	22-03-04	MT
Pentair to Buy Manitowoc Ice for $1.6 Billion; Reiterates Q1, 2022 Outlook	22-03-03	MT

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Company Profile

Welbilt, Inc. is a commercial foodservice equipment company. It designs, manufactures, and supply commercial foodservice market, which is used by commercial and institutional foodservice operators including full-service restaurants, quick-service restaurant (QSR) chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions. Its segments include Americas, EMEA and APAC. The Americas segment includes the United States (U.S.), Canada and Latin America. The EMEA segment consists of markets in Europe, including Middle East, Russia, Africa, and the Commonwealth of Independent States. The APAC segment consists primarily of markets in China, India, Australia, South Korea, Singapore, Philippines, Japan, Indonesia, Malaysia, Thailand, Hong Kong, Taiwan, New Zealand, and Vietnam. Its product brands include Cleveland, Convotherm, Crem, Delfield, Frymaster, Garland, Kolpak, Lincoln, Manitowoc Ice, Merco, Merrychef, and Multiplex.

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Industrial Machinery & Equipment

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