The Middleby Corporation
A maker of commercial kitchen equipment that restaurants, hotels, and food-service companies use to cook, refrigerate, and serve food, plus automated machinery for protein and bakery processors. It began in 1888 in Chicago, founded by Joseph Middleby and John Marshall, as a maker of portable bakery ovens. Fun fact: the company once owned the famous Toastmaster brand, so its name rhymes with toast.
10-Q · Quarter ended Jul 4, 2026 · SEC filing ↗
Middleby took a $135.4 million loss to exit its Residential Kitchen business, pushing the company to a net loss. rose 9.9% to $875.5 million as the remaining Commercial Foodservice and Food Processing segments both grew, but contracted 1.4 points to 38.3% on tariffs and input cost inflation. The company is now a commercial foodservice and food processing business, with a spin-off of the latter still pending.
The company states it does not believe any pending legal matter will have a material adverse effect on its financial condition, results of operations, or cash flows.