August 8, 2018 @ 7:04 pm | Breaking News, Jubak Top 50 Portfolio, MIDD, Update |
That’s better. Today, before the market opened in New York, Middleby (MIDD) reported second quarter earnings of $1.63 a share. That was 7 cents a share above Wall Street projections and 20.&% higher than the $1.35 a share reported for the second quarter of...
November 4, 2010 @ 3:30 pm | Sell |
I’ve owned Middleby (MIDD) in my Jubak’s Picks portfolio since May 20, 2008 and I think it’s now time to take some profits. Nothing unusual about these shares. And that’s exactly the point. At this stage of the rally I’d like to keep close watch on valuations and sell...
November 23, 2009 @ 3:00 pm | Update |
On November 10 Middleby (MIDD) reported third quarter earnings of 83 cents a share, four cents a share better than Wall Street projections, but still 19% down from the third quarter of 2008. Revenue fell 7.5% from the third quarter of 2008. At $154 million revenue was...
August 19, 2009 @ 12:30 pm | Update |
On August 12 Middleby (MIDD) reported second quarter earnings of 74 cents a share. That was 7 cents a share below Wall Street expectations. Revenue also came in light at $159 million versus the $170 million Wall Street had projected. Middleby has attempted to keep...
May 20, 2008 @ 3:49 pm | Buy, MIDD |
Sales keep growing—granted by just 13% in the first quarter of 2009 from the first quarter of 2008—and the company keeps on acquiring smaller competitors and then wringing efficiencies out of the combined operation. That’s what strong companies do in recessions:...