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Article: The Middleby Corporation Reports First Quarter Results.(Financial report)
- Article from:
- Business Wire
- Article date:
- May 14, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ELGIN, Ill. -- The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of restaurant and foodservice cooking equipment, today reported record net sales and earnings for the first quarter ended April 4, 2009. Net earnings for the first quarter were $14,067,000 or $0.77 per share on net sales of $181,546,000 as compared to the prior year first quarter net earnings of $13,181,000 or $0.77 per share on net sales of $160,883,000.
2009 First Quarter Financial Highlights
* On January 5, 2009, the company completed the strategic acquisition of TurboChef Technologies, Inc. ("TurboChef") for $116.1 million in cash and 1,539,668 shares of Middleby ...