The Middleby Corporation (NASDAQ:MIDD) Q4 2021 Earnings Conference Call February 22, 2022 11:00 AM ET Company Participants Tim FitzGerald - Chief Executive Officer Bryan Mittelman - Chief Financial Officer Steve Spittle - Chief Commercial Officer James Pool - Chief Technology and Operations Officer Conference Call Participants Mig Dobre - Robert W. Baird Tami Zakaria - J.P. Morgan Jeff Hammond - KeyBanc Capital Markets Walt Liptak - Seaport Global John Joyner - BMO Capital Markets Operator Good day, ladies ...

Financial Performance - Middleby's Q4 2021 net sales reached $866.4 million, an 18.8% increase compared to $729.3 million in Q4 2020[8] - Full year 2021 revenues grew 24% organically over 2020, reaching $3,251 million, while adjusted EBITDA grew 47% to $713 million[8] - Q4 orders increased by 25% compared to the prior year[8] - The company's backlog increased by 14% from Q3[8] Segment Performance - Commercial Foodservice revenues were $531.3 million in Q4 2021, a 24% increase from $428.4 million in Q4 2020[10] - Residential Kitchen revenues reached $209.5 million in Q4 2021, a 16.3% increase from $180.1 million in Q4 2020[14] - Food Processing revenues were $125.6 million in Q4 2021, a 4% increase from $120.8 million in Q4 2020[18] Regional Performance - In 2021, 69% of Middleby's revenue came from the United States and Canada[6] - Europe and the Middle East accounted for 21% of the company's revenue in 2021[6] - Asia contributed 7% to the company's revenue in 2021[6] - Latin America accounted for 3% of the company's revenue in 2021[6] Strategic Initiatives - Middleby completed acquisitions of Kamado Joe, Masterbuilt and Char-Griller, expanding its outdoor cooking equipment portfolio[16] - The company's recent acquisitions are expected to generate ongoing sales and profitability benefits[32] - Middleby used $575 million to fund acquisitions in Q4 2021[30] Order Trends - Total company Q4 2021 orders were $1,000 million, compared to $768 million in Q4 2019, an increase of $232 million[24] - Total company YTD Q4 2021 orders were $4,025 million, compared to $2,971 million in YTD Q4 2019, an increase of $1,054 million[24] - Total company backlog at the end of Q4 2021 was $1,344 million, compared to $521 million at the end of 2020, an increase of $823 million[24]

The Middleby Corporation (NASDAQ:MIDD) Q3 2021 Earnings Conference Call November 9, 2021 11:00 AM ET Company Participants Tim FitzGerald - Chief Executive Officer Bryan Mittelman - Chief Financial Officer Steve Spittle - Chief Commercial Officer James Pool - Chief Technology and Operations Officer Conference Call Participants Saree Boroditsky - Jefferies Tim Thein - Citigroup Larry De Maria - William Blair Joel Tiss - BMO Jeff Hammond - KeyBanc Capital Markets Walt Liptak - Seaport Operator Welcome to The M ...

The Middleby Corporation (NASDAQ:MIDD) Q2 2021 Earnings Conference Call August 12, 2021 11:00 AM ET Company Participants Tim FitzGerald - Chief Executive Officer Bryan Mittelman - Chief Financial Officer Steve Spittle - Chief Commercial Officer James Pool - Chief Technology and Operations Officer Conference Call Participants Tim Thein - Citigroup Larry De Maria - William Blair Mig Dobre - Baird Joel Tiss - BMO Jeff Hammond - KeyBanc Capital Markets Operator Good morning. And thank you for joining us for the ...

www.middleby.com 1 Q2 Earnings Update August 12, 2021 Middleby Segment Summary THREE INDUSTRY-LEADING FOODSERVICE PLATFORMS • 100+ highly-respected, leading brands • Global business infrastructure • Highly synergistic business segments • Technology and innovation leader • Strong track record of profitability and cash flow • Well positioned for existing and new market trends 2020 REVENUE BY SEGMENT Commercial 60.1% Food Processing 17.4% Residential 22.5% 2020 REVENUE BY REGION United States and Canada 69.7% ...

The Middleby Corporation (NASDAQ:MIDD) Q1 2021 Earnings Conference Call May 6, 2021 12:00 PM ET Company Participants Tim FitzGerald ??? Chief Executive Officer Bryan Mittelman ??? Chief Financial Officer James Pool ??? Chief Operations and Technology Officer Steve Spittle ??? Chief Commercial Officer Conference Call Participants John Joyner ??? BMO Mig Dobre ??? Baird Saree Boroditsky ??? Jefferies Jeff Hammond ??? KeyBanc Capital Larry De Maria ??? William Blair Tom Simonitsch ??? JPMorgan Tim Thein ??? Ci ...

www.middleby.com 1 Q1 Earnings Update May 6, 2021 Middleby Segment Summary THREE INDUSTRY-LEADING FOODSERVICE PLATFORMS • 100+ highly-respected, leading brands • Global business infrastructure • Highly synergistic business segments • Technology and innovation leader • Strong track record of profitability and cash flow • Well positioned for existing and new market trends 2020 REVENUE BY SEGMENT Commercial 60.1% Food Processing 17.4% Residential 22.5% 2020 REVENUE BY REGION United States and Canada 69.7% Asia ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. For the Fiscal Year Ended January 2, 2021 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File No. 1-9973 THE MIDDLEBY CORPORATION (Exact name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (IRS Employer Identification Number) ...

The Middleby Corporation (NASDAQ:MIDD) Q4 2020 Results Conference Call March 1, 2021 11:00 AM ET Company Participants Timothy FitzGerald - CEO Bryan Mittelman - CFO David Brewer - COO Steve Spittle - Chief Commercial Officer James Pool - Chief Technology & Operations Officer Conference Call Participants Mircea Dobre - Baird Todd Brooks - CL King & Associates Saree Boroditsky - Jefferies Joel Tiss - BMO Jeffrey Hammond - KeyBanc Capital Markets Lawrence De Maria - William Blair Thomas Simonitsch - JPMorgan W ...

| --- | --- | |---------------------------------------------------|-------| | | | | www.middleby.com Q4 Earnings Update March 1, 2021 | | 1 Middleby Segment Summary THREE INDUSTRY-LEADING FOODSERVICE PLATFORMS • 100+ highly-respected, leading brands • Global business infrastructure • Highly synergistic business segments • Technology and innovation leader • Strong track record of profitability and cash flow United States and Canada 69.7% Latin Asia 7.5% Europe and Middle East 20.2% America 2.5% • Well positi ...