Middlebyâs 4Q Profit, Sales Top Analystsâ Estimates; Shares Surge 7%
Middleby Corp. reported stronger-than-expected 4Q performance as demand for indoor dining is on the rise and commercial foodservice orders improved. Shares of the kitchen and food service equipment maker spiked about 7% Monday’s morning trading session. Driven by 60% growth in Middleby’s commercial food service segment and 270% growth in its residential kitchen segment, its […]