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The Middleby Says Brewing Group Discontinued After $24M Revenue, ~$9M EBITDA Loss In 2025; FY26 Revenue Guidance Reiterated At $2.48B-2.53B, $572M-588M EBITDA & $6.73–6.89 EPS, With 2025–2028 Targets Of 3%-6% Sales Growth, 6%-9% EBITDA & 10%-15% EPS CAGR
In 2025, the Brewing Group represented $24 million of the company’s net sales with an approximate loss of $9 million in adjusted EBITDA(1), an approximate 60 basis negative impact to adjusted EBITDA margin. The company
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JP Morgan Upgrades Middleby to Overweight, Raises Price Target to $147
JP Morgan analyst Tami Zakaria upgrades Middleby (NASDAQ:MIDD) from Neutral to Overweight and raises the price target from $141 to $147.
8-K filing — MIDDLEBY Corp (MIDD)
Filed: 2026-09-10 AccNo: 0001104659-26-106538 Size: 5 MB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
The Middleby Sees Q3 2026 Net Sales Of $620M-640M, Organic Growth Of ~4%, Adjusted EBITDA Of $143M-$150M & Adjusted EPS of $1.67–$1.83