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StockNews.com
Business
Pragya Pandey

Is Middleby a Smart Consumer Goods Stock to Invest In?

MIDD Middleby

The Middleby Corporation (MIDD) in Elgin, Ill., is a global food service sector leader. The company creates and manufactures a wide range of products for commercial food service, food processing, and private kitchens. It was designated a Forbes World's Best Employer in 2022, and the company is a charitable partner to groups combating food insecurity.

The company's shares are down 11.4% in price over the past year and 24.2% year-to-date to close yesterday's trading session at $149.16.

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