Selling Middleby out of my long-term 50 Stocks Portfolio today
I love this stock. It’s been in the long-term 50 Stocks Portfolio since May 3, 2013. And someday I think the company’s strategy of buying smaller commercial and domestic kitchen equipment companies and then super-charging their sales by giving them access...
Middleby sees 17.4% revenue growth, stock pulls back slightly on earnings miss
Yesterday, May 8, Middleby reported earnings of $1.24 a share, 10 cents a share below Wall Street estimates. Revenue for the first quarter climbed 17.4% from the first quarter of 2018 to $686.8 million, slightly above the $683.01 million Wall Street projection. Gross...
Middleby bounces back strong, up 14%, on Q2 earnings report today
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...
Head winds? What head winds? Middleby is profiting from cost battle in fast food sector
Updated March 2, 2017. On February 28, for the fourth quarter of 2016, Middleby (MIDD) reported earnings of $1.41 a share, 14 cents a share better than Wall Street had projected. That was an increase in earnings from 88 cents in the fourth quarter of 2015. Revenue...
Buy Middleby Corp (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:...Jim’s Daily Email Alerts:
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