Middleby: Riding On The Back Of A Growing Restaurant Industry
InvestAlike • Yesterday, 7:00 AM
- Middleby is benefiting from the expanding restaurant industry. Earnings grew by 27% in the latest quarter.
- The restaurant industry is expected to grow at a CAGR of 7.2% over the next two years, which should continue benefiting the company.
- The acquisitions will play a key role in increasing the company’s top line.