07:48 AM EDT, 05/08/2024 (MT Newswires) -- Middleby ( MIDD ) reported fiscal Q1 adjusted net earnings Wednesday of $1.89 per diluted share, down from $2.20 a year earlier.

Analysts polled by Capital IQ expected $2.07.

Net sales for the quarter ended March 30 were $926.9 million, down from $1.01 billion a year earlier.

Analysts surveyed by Capital IQ expected $980.5 million.

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