The Middleby Corp (NAS:MIDD)
$ 137.09 2.95 (2.2%) Market Cap: 7.37 Bil Enterprise Value: 9.01 Bil PE Ratio: 18.91 PB Ratio: 2.05 GF Score: 89/100

Q2 2019 Middleby Corp Earnings Call Transcript

Aug 07, 2019 / 01:00PM GMT
Release Date Price: $115.05 (-9.91%)
Operator

Welcome to The Middleby Corporation second quarter conference call. With us from management today are Chief Executive Officer, Jim Fitzgerald; Chief Financial Officer, Bryan Mittelman; and Chief Operating Officer, David Brewer. (Operator Instructions)

Now I'd like to turn the call over to Mr. Fitzgerald. Sir, you may begin.

Timothy J. FitzGerald
The Middleby Corporation - CEO & Director

Okay. Thank you, and joining -- thank you for joining us today on Middleby's second quarter earnings call. I have some initial comments about the performance and continuing initiatives at each of our 3 business segments, and then we'll turn the call to our CFO, Bryan Mittelman for some further commentary on the financial highlights.

In Commercial Foodservice, we realized modest growth both domestically and internationally. In the domestic market, we realized growth in the general market as we continue to deepen our relationships with our channel partners. We're gaining momentum with our consolidated Middleby sales reps and are making investments in

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot