We came across a bullish thesis on The Middleby Corporation on Iceman Capital’s Substack. In this article, we will summarize the bulls’ thesis on MIDD. The Middleby Corporation's share was trading at $133.52 as of September 29th. MIDD’s trailing and forward P/E were 16.92 and 14.14 respectively according to Yahoo Finance. 15 Best Barbecue Chains in America That Are Actually Worth Trying Vacancylizm/Shutterstock.com Middleby Corporation (MIDD) is a global leader in food equipment, spanning Commercial Foo ...

Core Insights - Ericsson reported a rise in quarterly core earnings that exceeded expectations, indicating strong operational improvements [1] - Despite a decline in sales, gross margins have reached sustainable levels, showcasing effective cost management and operational efficiency [1] Financial Performance - The quarterly core earnings showed a positive trend, reflecting the company's ability to enhance profitability even in a challenging sales environment [1] - The operational improvements contributed significantly to the gross margin performance, suggesting a focus on optimizing resources and processes [1]