Middleby Q2 sales rise 9.9% to $876 million; company raises 2026 guidance
Middleby reported second-quarter 2026 net sales of $876 million, up 9.9%, and adjusted EBITDA of $193 million, up from $182 million a year earlier. GAAP diluted EPS from continuing operations fell to $1.20 from $1.91, which the filing ties to a $28.9 million equity loss from an affiliate and $14 million of strategic transaction costs, while adjusted EPS rose to $2.35 from $2.20. The company said it raised its full-year 2026 guidance after completing the Food Processing spin-off on July 6, 2026.
Key points
- Q2 2026 net sales of $875.5 million, up 9.9% (6.4% organic); Commercial Foodservice organic growth of 8.3%
- Diluted GAAP EPS from continuing operations of $1.20 versus $1.91; adjusted EPS of $2.35 versus $2.20
- Full-year 2026 adjusted EPS guidance of $6.73-$6.89 and net sales of $2.48-$2.53 billion, excluding Food Processing and Residential
- Company repurchased 1.4 million shares in Q2 2026 and 3.8 million shares year to date
The filing
Written by AI on Nov 8, 2026, 12:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.