Q1 2023 Middleby Corp Earnings Call Transcript
Good day, and welcome to the Middleby Corporation First Quarter 2023 Conference Call. With us today from management are Tim FitzGerald, CEO; Bryan Mittelman, CFO; James Pool, Chief Technology and Operations Officer; and Mr. Steve Spittle, Chief Commercial Officer.
Management will begin with opening comments, and then we will open the call for questions. Instructions to enter the queue will be given at that time.
Now I'd like to turn the call over to Mr. FitzGerald for his opening remarks. Please go ahead, sir.
Good morning, and thank you for joining us today on our first quarter earnings call. As we begin, please note, there are slides to accompany the call on the investor page of our website.
We are pleased to have posted solid results to begin the year, reporting a first quarter with strong performance both in our Commercial and Food Processing businesses. While our Residential business was expectedly impacted by challenging market conditions and destocking of
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