By Karen Roman

The Middleby Corp. (Nasdaq: MIDD) said net sales increased 5% in the fourth quarter of 2025 compared to the previous year reaching $866 million.

Food processing orders grew 66% organically with a year-end backlog up 36%, while adjusted EBITDA was $197 million compared to $226 million, and adjusted EPS was $2.14 or $2.42 if residential kitchen was not classified as discontinued operations, it stated.

Fiscal outlook for 2026 expects net sales growth between 1-3% in commercial foodservice and 4-6% in food processing, with a 4% estimated for the total company, it said.

“We recently completed the sale of a 51% stake in our residential kitchen business at an $885 million enterprise valuation, first announced in December, delivering approximately $565 million in cash proceeds while retaining meaningful upside through our 49% ownership,” said Tim FitzGerald, The Middleby Corp.’s CEO.

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