MIDD Q2 2020 Earnings — The Middleby Corporation Revenue & Financial Results | Market Cap Arena

MIDDThe Middleby Corporation

$7B

Q2 2020 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$472M-38.0% YoY

Gross Profit

$153M32.4% margin

Operating Income

$39M8.3% margin

Net Income

$21M4.5% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-30.3%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$64M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$3.5B

Stockholders' Equity

$1.9B

Cash & Equivalents

$650M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$472M	$761M	-38.0%
Gross Profit	$153M	$286M	-46.5%
Operating Income	$39M	$140M	-72.0%
Net Income	$21M	$92M	-77.1%

Revenue Segments

Commercial Foodservice Equipment Group

$268M57%

Residential Kitchen

$103M22%

Food Processing Group

$102M22%