Elgin, IL, March 1, 2011 – The Middleby Corporation (NASDAQ: MIDD), a leading worldwide manufacturer of restaurant and foodservice cooking equipment, today reported net sales and earnings for the fourth quarter ended January 1, 2011. Net earnings for the fourth quarter were $20,994,000 or $1.13 per share on net sales of $207,233,000 as compared to the prior year fourth quarter net earnings of $17,874,000 or $0.95 per share on net sales of $152,493,000. Net earnings for the twelve months ended January 1, 2011 were $72,867,000 or $3.97 per share on net sales of $719,121,000 as compared to net earnings of $61,156,000 or $3.29 per share on net sales of $646,629,000 in the prior year.
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