earnings
confidence high
sentiment positive
materiality 0.65
Middleby Q3 revenue $993M (+21.5% YoY); adj. EPS $2.18 (+13.5%)
MIDDLEBY Corp
2022-Q3 EPS reported
$5.50
revenue$3,001,148,000
- Revenue $993M, up 21.5% YoY; organic sales up 14.2% excluding acquisitions and FX.
- Diluted EPS $1.92; adjusted EPS $2.18, up 13.5% YoY.
- Adjusted EBITDA $212.3M (+23.3%); organic adj. EBITDA margin 22.6%.
- Completed acquisitions of CP Packaging and Colussi Ermes in the quarter.
- Operating cash flow $84.0M vs $173.7M prior year; net debt $2.7B; leverage 3.1x.