Middleby posted fiscal Q2 net earnings of USD 54.81 million; net earnings per share were USD 1.21.
Net sales climbed 9.9% year over year to USD 875.55 million; organic net sales growth was 6.4%.
GAAP income from continuing operations held at USD 147.75 million, while adjusted EBITDA rose to USD 193.2 million from USD 181.6 million.
Completed the separation of its Food Processing business, launching Midera as an independent, publicly traded company; repurchased about 1.4 million shares.
Forecast fiscal Q3 net sales of USD 620-640 million, adjusted EBITDA of USD 143-150 million, adjusted EPS of USD 1.67-1.83.
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