Steve Spittel
Chief Commercial Officer
Replay available
The Middleby Corporation (MIDD) Q4 2025 Earnings Call
The Middleby Corporation (NASDAQ: MIDD) Q4 2025 earnings conference call, held 2026-02-26. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Tammy Zakaria
Analyst, J.P. Morgan
Meg Dobro
Analyst, Baird
Brian McNamara
Analyst, Canaccord Genuity
Middleby IR Team
Investor Relations (handing over to speaker)
James Poole
CTO and COO
Tim Fitzgerald
CEO
Brian Middleman
CFO
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for The Middleby Corporation.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.577 Good day, and welcome to the Middle B Corporation's fourth quarter 2025 earnings 00:00:05.577 -- 00:00:07.539 conference call. 00:00:07.539 -- 00:00:11.303 All participants will be in a listen-only mode. 00:00:11.303 -- 00:00:16.429 On today's call are Tim Fitzgerald, CEO, Mark Salmon, 00:00:16.429 -- 00:00:21.554 President of Middle B Food Processing Group, Brian Middleman, 00:00:21.554 -- 00:00:26.820 CFO, James Poole, CTO and COO, and Steve 00:00:26.820 -- 00:00:29.900 Spittel, Chief Commercial Officer. 00:00:29.900 -- 00:00:35.547 After today's presentation, there will be an opportunity to ask questions. 00:00:35.547 -- 00:00:39.913 To ask a question, please press star then one. 00:00:39.913 -- 00:00:42.917 Please note, this event is being recorded. 00:00:42.917 -- 00:00:46.381 I would now like to turn the conference over to Tim Fitzgerald. 00:00:46.381 -- 00:00:48.882 Please go ahead. 00:00:49.665 -- 00:00:53.550 Good morning, and thank you for joining today's call. 00:00:53.550 -- 00:00:58.577 Over the past year, we have executed decisive actions to unlock significant value 00:00:58.577 -- 00:01:03.639 for our shareholders. through the strategic optimization of our portfolio of 00:01:03.639 -- 00:01:09.247 industry-leading businesses across commercial food service, food processing, 00:01:09.247 -- 00:01:13.072 and what was formerly our residential kitchen segment. 00:01:13.072 -- 00:01:18.659 Before we dive into our results for the quarter, let me start with our strategic accomplishments. 00:01:18.659 -- 00:01:23.986 In February, we announced the completion of the sale of a 51% stake 00:01:23.986 -- 00:01:29.213 in our residential kitchen business to 26 North at $885 00:01:29.213 -- 00:01:32.288 million. total enterprise valu...