Middleby's Q2 Earnings and Sales Beat Estimates, Decline Y/Y

Key Takeaways MIDD Q2 EPS of $2.35 beat estimates, while revenues fell 1.4% to $977.9M on a 5.4% organic sales decline.Food Processing sales rose 14.4% on acquisitions, offsetting Commercial and Residential segment weakness.MIDD provided 2025 guidance and remains on track to spin off its food processing unit by H1 2026.The Middleby Corporation (MIDD) reported second-quarter 2025 adjusted earnings of $2.35 per share, which beat the Zacks Consensus Estimate of $2.20. The bottom line decreased 1.7% year over y ...